In what could be among the strongest mandates in the nation to dramatically reduce emissions from oil and gas production and midstream operations, the state of N.M., has announced new proposed standards to capture at least 98% of methane by 2026. This comes following plans already underway in Colo., and Pa., as well as the latest methane rules in Texas and N.D. The planned regulations in N.M., would give operators flexibility to choose the emissions-reduction technology of their choice while encouraging new innovations to rein in greenhouse gases.
DCP Midstream Partners, LP is a Fortune 500 company for midstream petroleum services, headquartered in Denver, Colorado. As a publicly traded partnership, the company does not have directors, officers, or employees of its own, but relies on its general partner for managing its operations.
For Denver-based DCP Midstream, finding the right emissions-reduction technology for its widespread operations began nearly two years ago. DCP is among the nation’s leading processors of natural gas. The company produces on average 400,000 BPD of NGLs, and transports and stores both hydrocarbons in the nation’s largest oil and gas basins. The company in 2019 began piloting a sophisticated airborne methane monitoring and advanced data analytics system from Calif-based Kairos Aerospace. With testing now completed, DCP has announced it will deploy the technology across its operations in Texas, N.M., and Colo., in what will be the largest industry-led methane survey to date.
Founded in 2014, Kairos has emerged as a leading provider of large-scale aerial monitoring of methane emissions. Last year, the company flew more than 135,000 miles in the Permian, completing the largest aerial survey of methane emissions ever conducted.
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