Capterio issues new release of free flare tracker and other insights

As the world struggles with an energy security crisis, a cost of living crisis and a climate crisis, it’s worth thinking about the 266 BCM of gas that is flared, vented and leaked from the oil and gas supply chain.   At today’s European prices, that is over $500 billion of lost revenue – plus it represents over 6.6 billion CO2-equivalent tonnes.  Solving this is a tremendous opportunity to mitigate each of the three crises.

Put differently: if there ever was a moment to intensify emissions reduction ls efforts, it is now.  By making the right tactical investments, we can reduce emissions, create value and accelerate the energy transition. 

To help the world to accelerate progress (and by popular request), Capterio has just released the third edition of FlareIntel Free, putting you in the driving seat.  Using this tool you can explore where flaring happens, how large the opportunity is, who is involved what the possible solutions may be to reduce emissions.  Our latest release couples the latest global data with rich base maps that show geological basins and license blocks.  Click here today to register for the new version of FlareIntel Free – and see below for an image.


We have also developed a pro version (FlareIntel Pro) which helps companies, regulators and governments to track flaring at an asset level, for every asset worldwide, on a daily basis.  FlareIntel Pro helps to improve visibility into flaring, to reduce operational upsets by improving operations, and to prioritise investment into delivering on-the-ground solutions.  We work collaboratively with an increasingly large range of clients to find solutions.  Plus can also use this tool to detect likely “mode switching” from flaring to venting.

It’s right that flaring is increasingly in the news.  Indeed, since the Ukraine invasion, flaring has been increasingly considered by governments, importers and producers as a substitute supply source to Russian gas.  In case you missed it, we published a paper with the Columbia Centre on Sustainable Investment that shows how North Africa could help Europe to diversify its supply – without drilling a single well. 

And last month, the BBC put flaring on the map with an article on flaring at the Portovaya LNG plant close to Nordstream 1 in Russia.  Click here to read over coverage of what actually happened.

As further production cuts look likely for gas and sanctions (with or without a price cap) start applying for oil, flaring in Russia is the country to watch.  We are tracking it closely with FlareIntel Pro.

Looking forward to COP27, Egypt is well-placed to take the lead on flare reduction initiatives in the coming months. We are shortly to publish a paper that showcases several successful flare capture projects in Egypt, and are looking to co-host an event at in Egypt COP.  Please let us know if you would like to join us.

Thank you for your keen interest in our work and we look forward to working with you to reduce gas flaring and to help to solve the climate, energy security and cost-of-living crises.

Best wishes
Mark Davis | CEO, Capterio

PS You might have seen that gas flaring was in the media recently.  Some of our best coverage was in the Financial Times, the BBC, the New York Times, the Washington Post and the German TV programme Monitor.


Some of the most important news stories, we think are:

Regulation: The EU’s draft methane regulation proposes much tighter restrictions on flaring (also for imports), and the EPA has similar proposals.  Our article potential impact of flaring being included in the EU’s CBAM outlines why producers must act to remain competitive.

Government intervention: Governments are increasingly active – e.g. the UK’s Oil and Gas authority shut down a UK oilfield for breaching a flare consent, and as its government dramatically steps up the collection of flaring penalties in Nigeria.

Delivering action: Our paper “critical outcomes from COP26 for “code red” gas flaring countries” was a popular read and lays out what can be done around the theme of “ambition”, “action”, “acceleration”.  Our paper   “celebrating capture projects” proves that flare capture works and our paper  “an Algerian energy transition roadmap” lays out a clear roadmap.  We outline also how the countries in North Africa can help in our paper “North Africa can reduce Europe’s dependence on Russian gas by transporting wasted gas through existing infrastructure“.

Deals: Major flare capture deals were announced in Libya and Iraq with TotalEnergies and Baker Hughes. These projects combine investment in solar with flare capture to generate reliable low carbon power. 

Non-operated assets: Oil and Gas Climate Initiative member companies in their strategy paper committed for the first time to “use their influence” to get to net-zero emissions for their non-operated assets.  Our paper “why we need clearer ESG metrics on flaring” outlines why this is important.

Zero routine flaringShell has committed to zero routine flaring by 2025, 5 years ahead of previous commitments.  We’ve seen 4 new endorsers in the last 3 months, and/including stepped-up commitments from Neptune Energy, Harbour Energy, Petronas, Rosneft, Apache, ExxonMobil and many others.  It’s impressive to see that 99 groups have signed up to the World Bank’s Zero Routine Flaring initiative.

Methane and methane slip: The Global Methane Pledge was an incredible piece of statecraft, committing 30% reduction in methane from over 100 countries.  Key is to solve “methane slip” too.  The IEA upgraded their estimate from 3% to 8% – meaning that CO2-equivalent emissions are dramatically higher, as we highlight in our paper “flaring’s billion-tonne secret”.

What you can do:

Follow us on LinkedIn and share our content
View our Twitter here and retweet our content
Keep an eye on our website for further insights
Partner with us to drive on-the-ground change