In collaboration with BP, Baker Hughes’ emissions abatement technology, flare.IQ, is quantifying methane emissions from its flares in a new application for the upstream oil and gas sector, the company announced March 14.
With no universally accepted solution to quantifying methane emissions from flares, BP and Baker Hughes conducted one of the largest ever full-scale studies of flare combustion, including testing a range of flares under challenging conditions and verifying the accuracy of flare.IQ technology.
Part of Baker Hughes’ Panametrics product line portfolio, flare.IQ uses advanced analytics to pull critical information such as temperature, pressure, vent gas velocities and gas composition from its flare systems to maximize combustion efficiency and minimize emissions.
Now, acting on real-time data from flare.IQ at 65 flares across seven regions, BP can carry out early interventions and reduce emissions from flaring.
Recommended Reading
NOV Announces $1B Repurchase Program, Ups Dividend
2024-04-26 - NOV expects to increase its quarterly cash dividend on its common stock by 50% to $0.075 per share from $0.05 per share.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
US Drillers Cut Most Oil Rigs in a Week Since November
2024-04-26 - The number of oil rigs fell by five to 506 this week, while gas rigs fell by one to 105, their lowest since December 2021.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
2024-04-25 - The final phase of Chevron’s project will produce about 260,000 bbl/d.