Understanding and addressing methane emissions is an important step toward net zero, but traditional methodologies of reporting emissions at source level are under increasing scrutiny.
Working towards near zero methane emissions from oil and gas is a top priority for OGCI. Our objective is to help achieve near-zero methane emissions across the oil and gas industry and along the full gas value chain.
Methane is far more potent as a greenhouse gas than carbon dioxide, but it stays in the atmosphere for a shorter time. That means preventing, detecting and eliminating methane emissions now can result in an important near-term reduction in the pace of global warming, supporting other decarbonization efforts.
Eliminating methane emissions from the upstream oil and gas industry represents one of the best short-term opportunities for contributing to climate change mitigation.
What OGCI is doing
Aiming for near zero methane emissions
OGCI launched the Aiming for Zero Methane Emissions Initiative in 2022 to encourage the whole industry to eliminate its methane footprint by 2030. Adopting a near zero methane emissions mindset has helped OGCI member companies to accelerate the pace of reduction using existing and emerging technologies.
We met our initial 2025 upstream methane intensity target in 2020 and reached 0.17% in 2021. Absolute upstream methane emissions have fallen by 40% from 2017 to 2021.
OGCI’s 2025 methane intensity target
OGCI met its initial 2025 upstream methane intensity target in 2020 and is now aiming for well below 0.20%. Adopting a near zero methane emissions mindset has helped member companies to accelerate the pace of reduction using existing and emerging technologies. Absolute upstream methane emissions have fallen by 35% since 2017.
OGCI’s 2025 methane intensity ambition
Expanding our impact on methane emissions
Our long-term objective is to help achieve near-zero methane emissions across the oil and gas industry and along the full gas value chain. We are collaborating broadly to improve data availability and share our knowledge with other companies.
Enhancing data availability
- Working with GHGSat to finance the detection of methane emissions from the oil and gas industry in four countries, and working with the Global Methane Alliance and local stakeholders to facilitate emissions mitigation.
- Partnering with the Payne Institute for Public Policy at Colorado School of Mines to develop a transparent web platform to support real-time mapping and tracking of global gas flaring data, under the umbrella of the World Bank led Global Gas Flaring Reduction Partnership.
- Providing funding through the UN Climate & Clean Air Coalition (CCAC) for Stanford University’s work to update the Global Methane Budget
- Supporting the Methane Science Studies alongside CCAC and the Environmental Defense Fund to increase scientific knowledge and understanding of methane emissions from the oil and gas industry
- Joint project with IOGP and IPIECA to support the deployment of existing and emerging technologies for methane detection and quantification.
Expanding our outreach
- Launched the Aiming for Zero Methane Emissions Initiative to get the oil and industry to treat methane emissions as seriously as safety.
- Encouraging governments to implement effective policies that reduce methane emissions, including absolute or intensity reduction targets, working through the Global Methane Alliance.
- Funding and supporting the Methane Guiding Principles initiative, which brings together companies, NGOs, multilateral institutions and academics to reduce emissions across the full value chain.
- European member companies collaborated with the Environmental Defense Fund, Rocky Mountain Institute, Wintershall and the Florence School of Regulation to deliver methane policy recommendations for the European Union, covering the full natural gas value chain.
- Through its methane investment call, Climate Investments solicitated innovative projects that can demonstrate a significant near-term impact on methane emissions at any point in the oil and gas value chain.
What OGCI member companies are doing to reduce methane emissions
Member companies are expanding leak detection and repair campaigns, removing high-emitting devices, and reducing both flaring and venting.
What OGCI Climate Investments is doing to reduce methane emissions
We invest in solutions that reduce methane emissions during the production, delivery and usage of oil and gas.