Understanding the New Global GHG Analytics Standard for Upstream Oil and Gas Industry

The New Standard in Global GHG Analytics



In the ongoing effort to balance energy needs with environmental stewardship, Welligence Energy Analytics has unveiled an innovative platform designed to provide crucial insights into greenhouse gas (GHG) emissions within the upstream oil and gas sector. With the industry facing mounting pressure to improve its environmental performance, this new tool enables stakeholders to navigate the complexities of GHG emissions by offering the most comprehensive data available.

A Response to Industry Needs


As oil and gas remain pivotal in the global energy ecosystem, the demand for transparency and accurate environmental data has never been greater. Welligence has recognized this need and responded accordingly with its latest offering, which includes extensive emissions data from onshore operations in the continental United States. This feature ensures that clients can easily access detailed emissions metrics for every upstream oil and gas company and field around the world.

Key Features of the GHG Analytics Platform


Welligence's platform provides instant access to both historical and projected emissions data, allowing companies to understand their environmental impact better. The tool enables users to:
  • - Optimize Asset Portfolios: By aiding in the identification of investment opportunities that align with decarbonization goals.
  • - Generate Corporate GHG Metrics: Essential for thorough environmental reporting and compliance with regulations.
  • - Evaluate Project Emissions: Helping financial institutions understand the environmental impact of projects they finance.
  • - Identify Decarbonization Opportunities: Through detailed analysis, companies can discover new ways to reduce emissions while also evaluating the financial implications of such actions.

These features provide a comprehensive understanding, allowing firms to benchmark their operational performance against industry peers, thereby creating a culture of accountability and proactive management of emissions.

Setting a New Industry Standard


Ross Lubetkin, CEO of Welligence, stated, "Welligence has redefined what leading energy intelligence means. Our focus on emissions is vital for the upstream oil and gas sector and those who finance it. We're proud to set a new standard in the industry by providing crucial data that aids in the global transition to a low-carbon economy."

What makes Welligence's platform stand out is the seamless integration of GHG coverage with existing services. This innovation allows users to make informed decisions within a consolidated system, thereby increasing the efficiency and effectiveness of emissions management practices.

A Game-Changing Solution


Fernando Tamayo, the Emissions Lead at Welligence, described the GHG offering as the most accurate and updated in the market. He emphasizes the importance of transparency and granularity, which gives their clients the confidence needed to manage emissions responsibly. The goal, he says, was to deliver a solution that would revolutionize how the industry approaches emissions management, and today, that vision has become a reality.

Engaging with the New Platform


Welligence invites companies and stakeholders interested in improving their emissions tracking and reporting processes to explore this cutting-edge platform. Those keen on understanding how Welligence’s GHG Analytics can transform their emissions management practices are encouraged to visit their website at www.welligence.com for more detailed information.

About Welligence Energy Analytics


Established as a premier market intelligence firm, Welligence specializes in oil and gas markets, GHG emissions, and carbon capture/storage projects. Utilizing advanced machine learning techniques across data from over 180 countries, the firm offers pivotal insights and detailed asset-specific research. Their expertise is sought after by various clients, including supermajors, national oil companies, and investment banks, reinforcing Welligence’s status in the sector. With its headquarters in Houston and regional offices in strategic locations such as London, Austin, Edinburgh, and Singapore, Welligence is well-positioned to support its diverse clientele effectively.

In the face of climate challenges, tools like Welligence's GHG analytics are critical for paving the way towards a more sustainable oil and gas sector, ultimately contributing to global decarbonization efforts.

Topics Energy)

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