SAN FRANCISCO \u2013 GHGSat announced plans Nov. 7 to send two additional satellites into its greenhouse-gas-monitoring constellation.<\/p>\n
Ahead of the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change in Brazil, Montreal-based GHGSat is preparing to expand its methane-monitoring constellation from 12 to 14 satellites.<\/p>\n
\u201cWith a constellation of this size, we\u2019re able to monitor industrial sites at an unmatched daily cadence and alert operators about emissions at their sites within hours,\u201d Stephane Germain said during a Nov. 5 press briefing. \u201cWe work in direct collaboration with industry leaders, including Saudi Aramco, Petrobras, Total and Chevron, to name just a few, to help them drive methane reductions. Armed with GHGSat data, operators have been able to mitigate more than 20 million tons of carbon dioxide equivalent to date, equivalent to taking 4.6 million cars off the road for a year.\u201d<\/p>\n
Energy producers work with GHGSat because methane leaks can be costly.<\/p>\n
\u201cWhen we translate the methane emissions in 2024 into potential revenue, we find that these emissions are worth hundreds of millions of dollars to the oil and gas industry, revenues that the industry can realize by keeping methane in the pipe,\u201d Germain said. \u201cIf that methane had been turned into a natural gas product, instead of emissions, it could have generated more than $142 million in additional revenue for oil and gas producers in the U.S. and Canada, or more than 35 million euros ($40.5 million) for oil and gas producers in Europe.\u201d<\/p>\n
With 12 methane-monitoring satellites, GHGSat is \u201ccapable of monitoring sites at a daily frequency,\u201d Germain said. By adding two more spacecraft, \u201cwe\u2019ll be able to meet certain demand for capacity in regions like the Permian Basin in the United States.\u201d<\/p>\n
CO2 Monitoring<\/p>\n