OGCI member companies are striving to achieve near zero methane emissions from their operated assets by 2030 as set out in the Aiming for Zero Methane Emissions Initiative, launched in 2022.
OGCI members’ aggregate upstream methane intensity is down 62% since 2017
Percentages are rounded. 2023 was 0.144%, 2024 was 0.115%
The methodology for OGCI’s methane intensity indicator measures the volume of methane emissions from member companies’ upstream operated oil and gas as a percentage of the volume of the total gas marketed. OGCI’s methane intensity ambition of well below 0.20% underpins the Aiming for Zero Methane Emissions Initiative, and OGDC’s near zero upstream methane ambition by 20301. It is also widely used across industry and in legislation as a standard of best practice.
See OGCI’s Reporting Framework for more detail on the methodology to report methane intensity p. 19-21 and other OGCI KPIs, including the carbon intensity target.
OGCI’s member companies are sharing what they have learned about detection, monitoring, measurement and abatement across the industry through the group’s Satellite Monitoring Campaign and the Oil & Gas Decarbonization Charter to accelerate and scale up further methane emissions reductions.