The IEA estimates that scope 1 and 2 carbon emissions produced by the oil and gas sectors’ primary energy systems account for an estimated 9% of global greenhouse gas (GHG) emissions, while the transportation fuels it produces account for an additional 33% of scope 3 emissions.
Red Chalk Group’s carbon emissions intensity modeling methodology is designed to assist energy and industrial production decision-makers optimize their decarbonization investment plans through the following benefits and applications:
- Identify and measure the intensity of leading carbon emissions sources across key segments of your oil and gas production infrastructure and value chain
- Select and model the cost and the potential emission reduction impact of selected decarbonization technologies and solutions
- Identify and accurately assess the valuation of subsidies and carbon credit offsets
Red Chalk Group’s oil and gas production emissions intensity modeling methodology is based on the two most comprehensive open-source frameworks and public domain environment datasets currently available to assess upstream and downstream oil and gas production carbon intensity – namely:
1) Stanford University Adam Brand’s OPGEE (Oil Production Greenhouse Gas Emissions Estimator) framework to identify leading emissions sources and their respective intensity in key phases of exploration and production.
2) University of Calgary’s Joule Bergerson PRELIM (Petroleum Refinery Life-Cycle Inventory Model), to identify and assess key emissions sources during the refining and distribution of transportation fuels
