Top-down vs Bottom-up Measurements
The Transition to Net-Zero
Date & Time
AUSTIN, Texas–(BUSINESS WIRE)–SeekOps Inc., global leader in providing best-in-class sensors and actionable analytics to support both traditional and renewable energy sectors in their decarbonization efforts, today announced the addition of Jennifer Stewart, J.D., to their advisory board.
“It is my pleasure to welcome Jennifer to our advisory board,” said Iain Cooper, President and CEO of SeekOps. “Her extensive background around environmental legislative and regulatory affairs across local, state and federal levels, her current focus on sustainability, in addition to her previous strategic roles in unmanned aerial systems, will greatly aid SeekOps’ long-term growth more broadly into oil and gas, renewable natural gas and landfill operations as we scale our operations globally. Her strong focus on safety, compliance and ethics will reinforce the culture that we have already established here at SeekOps and will ensure a consistency of service offering that is essential for reliable and accurate emissions monitoring reporting on a global stage.”
Jennifer Stewart is currently the Chief Sustainability Officer for Penn America Energy (PAE), a project to develop an LNG export terminal delivering clean Marcellus natural gas to global markets, and Principal Advisor to Equitable Origin, an independent organization that partners with business, communities, and government to support transparent, equitable, and sustainable development of energy and natural resources. She serves as an independent board member of the environmental services company Paragon Integrated Services where she chairs the Sustainability committee and is an advisory board member for Publicis Sapient’s Energy and Commodities Practice. She has also twice been awarded by the Texas Diversity Council the title of “The Most Powerful Woman in Oil and Gas.”
“I am honored and excited to join the team as an advisory board member,” said Jennifer Stewart. “I look forward to working with SeekOps’ leadership as we play an increasingly key role in accelerating the global energy transition with best in class automated, field-proven solutions for solving both sustainability and industrial decarbonization challenges.”
Jennifer joins Harmen Dekker, Director of the European Biogas Association, who joined the SeekOps Advisory board in 2021.
See full press release here.
SeekOps Inc is proud to be selected again for Cheniere Energy, Inc.‘s QMRV (Quantify/Measure/Report/Verify) initiative for greenhouse gas (“GHG”) emissions at natural gas gathering, processing, transmission, and storage systems. The program is intended to improve the overall understanding of greenhouse gas emissions and further the deployment of advanced monitoring technologies and protocols. Technologies will be field-tested at facilities operated by companies including Kinder Morgan, Inc., Williams, MPLX LP, DT Midstream, and Crestwood Midstream Partners LP.
Read the full press release below:
HOUSTON–(BUSINESS WIRE)– Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) today announced a collaboration with natural gas midstream companies, methane detection technology providers, and leading academic institutions to implement quantification, monitoring, reporting and verification (“QMRV”) of greenhouse gas (“GHG”) emissions at natural gas gathering, processing, transmission, and storage systems specific to Cheniere’s supply chain. The program is intended to improve the overall understanding of GHG emissions and further the deployment of advanced monitoring technologies and protocols. This collaboration builds upon Cheniere’s ongoing QMRV collaboration with natural gas producers and liquefied natural gas (“LNG”) shipping providers, both of which commenced in 2021. These QMRV programs support Cheniere’s climate strategy initiatives, including the Company’s plan to provide Cargo Emissions Tags (“CE Tags”) to customers beginning this year.
The midstream QMRV work will be conducted by emissions researchers from Colorado State University and the University of Texas. The measurement protocol designed by the research group and Cheniere will be field tested at facilities operated by the participating companies, which include Kinder Morgan, Inc., Williams Companies, Inc., MPLX LP, DT Midstream, Inc., and Crestwood Equity Partners LP. Cheniere is also a participant in the program through the Creole Trail Pipeline and Gillis compressor station.
The midstream QMRV program involves a combination of ground-based, aerial, and drone-based emissions monitoring technologies. The midstream QMRV program requires emissions monitoring over at least a six-month period, with all data independently analyzed and verified by the project’s academic partners. At the Gillis compressor station, the R&D initiative will also test multiple continuous emissions monitors to assess the performance of these technologies.
“Together with our partners on this project and across our LNG value chain, we are working collaboratively to maximize the climate benefits and environmental competitiveness of U.S. natural gas and Cheniere’s LNG,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “Including the Creole Trail Pipeline and Gillis compressor station in this phase of our QMRV work further evidences our commitment to science-based, data-driven environmental transparency.”
“Emissions quantification requires scientifically rigorous methods that are unique to each segment of the industry. This first-of-its-kind R&D project will investigate emissions performance at multiple midstream facilities not just by short-duration spot checks, but over several months, employing multiple monitoring technologies at multiple scales,” said Dan Zimmerle, the principal investigator on the project from Colorado State University who also serves as the Director of the school’s Methane Emissions Program.
“It is vital for both public policy and science that we have empirically driven measurement protocols, and importantly that the complex and voluminous data collected is independently analyzed and verified by the scientific community,” said Dr. Arvind Ravikumar, from the University of Texas Cockrell School of Engineering’s Sustainable Energy Development Lab.
Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected total production capacity of approximately 45 million tonnes per annum of LNG in operation. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website at www.cheniere.com and Annual Report on Form 10-K for the year ended December 31, 2021, filed with the Securities and Exchange Commission.
This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, and share repurchases, and (viii) statements regarding the COVID-19 pandemic and its impact on our business and operating results. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.
Cheniere Energy, Inc.
Randy Bhatia 713-375-5479
Frances Smith 713-375-5753
Eben Burnham-Snyder 713-375-5764
Source: Cheniere Energy, Inc.
Released April 19, 2022
During this year’s CERAWeek, the Energy Industry’s premier gathering of global CEOs and Ministers, SeekOps CEO Iain Cooper spoke on how automation is benefitting both oil and gas operators and renewable natural gas producers in their emissions reduction activities on their path to Net Zero.
Over 6000 delegates attended the event, with over 100 countries represented at the in-person meeting, with speakers as diverse as John Kerry, Joe Manchin and the CEOs of the major oil companies and service companies, including Patrick Pouyanné of TotalEnergies, Ryan Lance of ConocoPhillips, Amin Nasser of Saudi Aramco and Olivier Le Peuch of Schlumberger.
The Innovation Agora Program covers a wide array of transformational technology platforms ranging from digitalization, AI, analytics, and connectivity to robotics, blockchain, additive manufacturing and mobility, and including a continued focus on new technologies for decarbonization.
Iain spoke at Agora on Cost-effective Automated Emissions Detection, Localization & Quantification Using Unmanned Aerial Systems, highlighting SeekOps’ latest achievements in high accuracy emissions localization and quantification measurements. Deployed in both onshore and offshore oil and gas operations, as well as in biogas/methane production and landfill emissions, SeekOps’ SeekIR sensor performance has been independently validated through multiple trials in Europe and North America. Additionally, SeekOps partner, Flylogix, spoke separately on Pioneering the Use of Long-range Unmanned Aircraft for Offshore Methane Measurements, underlining the value of the SeekOps sensor and proprietary analytics to North Sea operators as they seek to better understand their actual top-down emissions.
The full 30 minute SeekOps presentation can be viewed here.
AUSTIN, Texas–(BUSINESS WIRE)–SeekOps Inc., a Texas-based technology company, announced the closing of its Series B funding. SeekOps provides best-in-class sensors and actionable analytics to support both traditional and renewable energy sectors in their decarbonization efforts, delivering reliable, timely and accurate methane Leak Detection and Quantification (LDAQTM), facilitating increased ESG reporting transparency, and enabling verification for Responsibly Sourced Gas certification standards.
“The transparency created by accurate methods for detection, localisation, and quantification is essential to reducing emissions.”
The funding round was led by Schlumberger, with the support of existing investors Equinor Ventures and OGCI Climate Investments (OGCI CI), and new investor Caterpillar Venture Capital Inc. (CVCI).
Iain Cooper, SeekOps CEO said, “The funding and strategic alignment with our new investors, Schlumberger and CVCI, and the continued backing of our initial investors, Equinor and OGCI CI, enables us to not only assist our investors in their decarbonization initiatives, but with their support, scale our services onshore and offshore directly with customers via our global drone service partners, and enable the energy industry to cost-effectively assess its progress to net-zero.”
“Reducing greenhouse gas emissions, and methane in particular, is an imperative for our industry. It demands solutions that deliver more precise methods of emissions detection and measurement,” said Kahina Abdeli-Galinier, Emissions Management Business Director, Schlumberger. “Our participation in SeekOps will accelerate the deployment of sensitive and accurate measurement techniques.”
“We are pleased to support SeekOps’ unique offering that can measure emissions from both onshore and offshore operations,” said Pratima Rangarajan, CEO of OGCI Climate Investments. “The transparency created by accurate methods for detection, localisation, and quantification is essential to reducing emissions.”
Equinor, a member company of OGCI CI, has been an early adopter of SeekOps technology since 2017. “Equinor is excited about the company’s expansion and continues to support its growth. We have been very pleased by their recent offshore quantification surveys for us in the North Sea,” said Gareth Burns, Vice President of Equinor Ventures.
See the Press Release on Business Wire here.
SeekOps globally deploys its industry-leading sensor technology with enterprise-grade drones to provide field-proven measurement systems for methane Leak Detection and Quantification (LDAQTM), through repeatable, consistent and cost-effective automated workflows. For more information, please visit www.seekops.com
Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.
About Caterpillar Ventures
Caterpillar Venture Capital Inc. assists entrepreneurs around the world to grow and scale their businesses to build today for a better tomorrow by leveraging Caterpillar’s industry expertise, supply base and independent dealer network. Caterpillar Venture Capital’s focus areas of investment include robotics, energy, advanced materials, and digital solutions that help its customers be successful. Caterpillar Venture Capital is a wholly owned subsidiary of Caterpillar Inc., the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For more information, visit https://www.caterpillar.com/ventures.
About OGCI Climate Investments
OGCI Climate Investments LLP is a $1+ billion fund investing in technologies and business models which lower the carbon footprint of the energy and industrial sectors and their value chains. The Fund was created by the CEOs of the Oil and Gas Climate Initiative to take practical action on climate change. We invest in innovative companies that are ready to be commercialized. We collaborate with global co-investors and industrials to achieve speed and scale. For more information, please visit: https://www.ogci.com/climate-investments/
About Equinor Ventures
Equinor Ventures supports small and medium enterprises (SMEs) with exciting new technologies in oil and energy – and in turn, helping Equinor be the world’s most carbon-efficient oil and gas producer with a developing renewable business. For more information, please visit: https://www.equinor.com/en/what-we-do/equinor-ventures.html
IRVING, Texas – ExxonMobil is conducting field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, at nearly 1,000 sites in Texas and New Mexico to further reduce methane emissions.
Drones equipped with space-age sensors are part of a wave of advanced technology zooming into operation at BP’s new major oil and gas processing projects as part of a programme to continuously measure methane emissions.
A drone has flown a 185km round trip from Papa Stour in Shetland to BP’s Clair platform.
BP said the UK record for the longest commercial drone flight had been broken in the process – surpassing the previous best of 100km.
Equinor Technology Ventures (ETV), formerly known as Statoil Technology Invest, recently announced equity investments in two start-ups that will bring advanced technologies into its natural oil and gas operations – SeekOps and Upwing Energy.
In collaboration with NASA’s Jet Propulsion Laboratory in Pasadena, California, Pacific Gas and Electric Company (PG&E) announced that it is testing state-of-the-art technology adapted from NASA’s Mars rover program. Originally designed to find methane on the Red Planet, this laser-based technology is lightweight and has superior sensitivity to methane, a major component of natural gas. The technology applied back on Earth helps guide PG&E crews using a tablet interface to identify possible leak locations, fast-tracking their ability to repair gas leaks.