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August 12, 2024

Oil & Gas Companies: How to Choose the Right Emissions Management System for You

Is your emissions reporting giving your workplace a bad atmosphere? 

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In-house spreadsheet-based systems can only take you so far. Many provide data on historic emissions but can’t future-proof your activities with scenario planning. The increasing global focus on Scope 1, 2, 3 emissions has led to a growing number of generic industry emissions accounting software solutions. How can you be sure to choose the right emissions management system for your business? 

 

Here are some factors you should consider when selecting an oil and gas emissions management solution for your company. 

 
Does the Software Vendor Understand My Business? 

Two things could happen if your software supplier doesn’t understand your business. Firstly, you may have to teach the supplier about your industry, which impacts your time. Secondly, you may experience information gaps in the software that didn’t come up in the sales discussion. These could influence its suitability for your requirements.  

The oil and gas industry has a unique cadence and workflow. It is important to recognize this for accurate emissions reporting and in using data to support business initiatives such as securing capital for projects to reduce greenhouse gases. Whether it’s flow rate metrics or analyzing combustion emissions, understanding how the industry works — and including the correct methodologies to accurately determine specific emissions — are essential for an effective emissions management system. 

An example of oil and gas industry know-how is understanding the variabilities in gas composition. Unlike refined fuels like diesel, the gas extracted from wells can have widely varying compositions. A robust emissions management system will handle these variations, allowing companies to input detailed gas compositions for accurate emissions calculations. This feature is essential for reliable emissions reporting and management.  

 

Is the System Designed With the Oil & Gas Operational Reality in Mind? 

The ownership and operational control of assets in the oil and gas industry are often complex, with multiple equity owners for a single facility. An emissions management system should allow users to switch between viewing emissions based on operational control and equity share. This flexibility is crucial for improved decision-making.    

 

Seamless Emissions Management for the Oil and Gas Industry 

Envana has developed Envana Catalyst, an emissions management system designed exclusively for oil and gas. We’ve injected more than a century of experience in upstream operations into engineering a tailored industry solution that enables you to see emissions data clearer than ever before. 

Envana Catalyst is an integrated intuitive platform that streamlines the tracking, forecasting, and reporting of greenhouse gas emissions across Scope 1, 2, and 3. 

 

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Who Cares That You’re Working Late to Complete an Emissions Report? We Do. 

We recognize that many oil and gas operations are standardized and repeatable. That’s why Envana Catalyst has profiling capabilities. Emissions outputs from a job can be used as a footprint to model similar scenarios for future work, with the addition of project specifics — again and again. That saves you from going back to the drawing board every time. It prevents you from having to input data for every well pad, every component, every generator, and every cement job. 

 

Lift the Clouds Around Emissions Reporting 

The oil and gas industry is complex and its needs are specific. Your emissions management system must reflect your exact requirements: Tailored methodologies, reusable profiles, and deep industry expertise, from a system that knows your industry and your business provide flexibility and accuracy for effective oil and gas emissions management.  

 

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Helping you reach your sustainability, reporting, and profitability goals is Envana's top priority. We invite you to allow our oil & gas and software expert team to help you save time, reduce errors, and increase operational efficiencies. Reach your goals by leveraging our industry's only bespoke emissions management software. 

  

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Download The Ultimate Guide to Oil & Gas Scope 3 Emissions

A Handbook for Sustainable Supply Chain Management 

 

Contact Envana today to discuss how you can easily transition to an out-of-the-box SaaS that can feed your API data in real-time for streamlined tracking, reporting, and forecasting. Our team of experts will help guide you and answer your questions. You'll see how much more efficient you can be when you free up your time and energy–from building in-house solutions and keeping up with changing regulations–to integrating a purpose-built data platform. Or set up time for a brief personalized demo where we can discuss where you are in your current process. Start saving time you could be spending elsewhere. 

 

Oil and Gas Companies: How To Choose the Right Emissions Management System for You
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