Net zero emissions policy and the importance of ESG have led the energy industry to recognize that business “success” is not merely centered around profit margins but also takes into account carbon footprint and other environmental key performance indicators. For many oil & gas companies, the new standards and reporting requirements are not something teams are prepared for. Some have formed internal ESG task forces and sustainability committees, but the skillsets are new, and the regulatory landscape is increasingly overwhelming.
Rather than building costly sustainability groups, partner with Stonebridge.
Access experts who understand the new ESG requirements and the multidimensional impact on an energy enterprise
Trust in our proven track record in keeping pace with the ever evolving oil & gas industry’s operating and regulatory landscape
Establish your true emissions liability with physical site audits that also assist with asset marketability and depreciation
Leverage reusable IP and project accelerators to reduce timelines and costs
Given the vast array of potential emission points at a production facility, teams need to know exactly what assets are included in evolving regulations. Highly specialized facilities knowledge is needed but also bandwidth to document every wellsite for ESG reporting. However, many sustainability efforts lack the workforce and expertise required to know what types of equipment are onsite, how complex, interconnected components work, and where trouble spots can occur.
TiteSite is the culmination of decades of wellsite and production facilities experience, including field operations, site design, asset specifications, and engineering. TiteSite packages this extensive knowledge into a business accelerator to jump start sustainability and set energy companies on a path toward quickly understanding emissions liability and meeting regulations.
The TiteSite program provides a complete and thorough physical asset inventory audit of all wellsite and production facilities equipment, pneumatic devices, components, and materials. Benefits include:
With the intense scrutiny being applied to sources of oilfield emissions, operators and midstream companies must accurately self-report and establish their emissions baseline to get ahead of regulatory penalties. A necessity that is given even more urgency with the Inflation Reduction Act’s methane fee that starts in 2024.
With so much new policy and interest around ESG, the list of reporting requirements that asset buyers and regulators expect has suddenly swelled leaving many teams caught off guard and asking questions:
Stonebridge can help your team navigate the business and technology strategies needed to answer these tough questions.
