Repsol

Project Type

Credit Development Project

Location

Global

Project Background

The Problem - Repsol needed to inventory and reduce methane emissions in their Canadian oil and gas production operation and ESG Reporting. They also wanted to generate carbon offset credits, comply with government regulations and minimize future ta payments.

The Solution - MAPP Inventory and Campaign

In order to determine both emissions quantities and locations for Repsol, Cap-Op's Methane Abatement Project Platform (MAPP) was used. Radicle's suite of software tools and database that allows operators to easily collect and validate field data, which is stored on the cloud. this data is then used to identify and execute low-cost methane abatement projects.

The Outcome - a reality with outstanding financial and environmental results

Repsol's data collection from MAPP was analyzed, and an H2L replacement strategy was planned and executed to reduce greenhouse gas (GHG) emissions from operations.

Between 2015 to 2019, Repsol retrofitted over 2,400 H2L pneumatic instrument control devices, which were documented in the MAPP database. This results in approximately 115,000 T-CO2 of emission reductions per year, and a projected 560,000 tonnes will be reduced from 2015 to 2022 combined. These emissions reductions will continue for the operation life of the production wells.

By using MAPP and participating in Cap-Op's aggregated emissions credits program, Repsol is expected to generate 560,000 T-CO2 of carbon offset credits with an expected value of $15-20mm(CAD)

By using the MAPP database to obtain and maintain an accurate and up to date inventory of small vent source equipment, Repsol will also enable Canadian and Alberta government emission regulations.

Help the planet. Become sustainable.