MethaneIQ
Streamline methane reporting, boost accuracy, and model GHG emissions propagation. Analyze drone imagery for precise detection and improve leak detection and repair (LDAR) planning.
Excess Emission Cost
Reducing methane emissions presents a significant challenge for the oil and gas industry. The EPA guidelines based on the recently introduced Inflation Reduction Act (IRA) have set aggressive goals for the industry to reduce emissions by more than 80% by 2030.
The EPA has established strict guidelines and penalties for non-compliance. As a result, the oil and gas industry faces a pressing need to accelerate emissions detection, measurement, tracking, reporting, and leak repairs.
1500$
1200$
per metric ton
900$
2024
2025
2026
Measuring methane emissions accurately is a challenging task due to several factors:
Manual inspection with optical gas imaging (OGI) cameras is not sufficient as they don’t provide continuous monitoring.
Traditional methods, which use emission factors, can be erroneous since they are based on outdated models
With multiple reporting and auditing requirements, the industry needs proper data management tools for automating data integration, reporting, and visualization.
Asset-wide accurate surveillance requires the implementation of monitoring systems for emissions, utilizing satellites, drones, and airplanes.
Fusing measurements from various sources to reduce uncertainty and seamlessly integrating this information with other systems is vital for the oil and gas sector.
WHAT IS METHANEIQ:
MethaneIQ is SoftServe’s comprehensive solution for methane data management to enhance methane emission detection, improve measurement accuracy, model emissions propagation, automate reporting, and plan LDAR
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HOW IT WORKS
MethaneIQ Benefits:
Ability to process emission data from multiple platforms: OGI (hand-held and permanent), SCADA, drones, and satellites
Integration of data from your enterprise resource planning (ERP) and sustainability platforms
Improvement in the accuracy of methane measurements
Methane plume propagation forecasting and 3D visualization
Enhancement of your leak detection and repair (LDAR) process
Automation of your emission reporting
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