New Methane Intensity Standard Could Be a Game Changer

In this episode, Thomas Fox, the founder of Highwood Emissions Management, describes a brand new methane intensity calculation standard called Veritas. The proposed standard, called "Veritas: a GTI (Gas Technology Institute) Gas Measurement & Verification Initiative" was co-developed by natural gas producers, non-profits, and academics to replace the current formula-based calculations with actual calculations of methane intensity. The goal of Veritas is to have their methane intensity methodology adopted by various voluntary & regulatory groups including RSG standards. EPA, and other regulators. In this episode, Thomas details:

- What problems the new methane intensity measurement methodology aims to fix.

- The benefits of adopting this new methodology vs. the current methane intensity formulas from NGSI & others.

- The organizations behind the proposed standard.

- How the standard fits into the oil & gas ecosystem.

- The approximate adoption timeline of the new standard.

If adopted, this proposed methane intensity methodology will impact every oil & gas producer.