NET ZERO
Murray Auchincloss
CEO bp
Since acquiring assets in the Permian Basin, bpx – bp’ s US onshore business – has led implementation of advancing technology to reduce emissions and unlock long-term value.
At the centre of this effort is bp’ s redesign of acquired well site facilities into“ hydra” sites, a next-generation infrastructure model that flows production to centralised facilities.
Hydra sites are engineered by bpx to eliminate storage tanks, flares and onsite compression at new well sites.
Murray Auchincloss, CEO, said:“ In the Permian, our bpx team has achieved its accelerated goal of zero routine flaring by 2025 and significantly reduced emissions through next-gen hydra sites – an innovation that’ s reshaping how we design and operate. It’ s a powerful step towards our aim to reach net zero operations by 2050 or sooner.”
For legacy well sites, bpx upgraded key equipment, replacing gas-driven pneumatics with air systems to eliminate intermittent methane emissions and expanded vapour recovery to capture more gas that would otherwise be lost.
Flaring has been reduced by 99 % and bpx eliminated routine flaring. The company has set a strict standard: no new bpx well is brought online unless it is connected to a gas pipeline from startup. sustainabilitymag. com
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