Methane emissions intensity of permian basin declined by more than half in two years, new s&p global commodity insights analysis finds

New analysis provides the most accurate public, basin-wide estimate of methane emissions for the permian houston , july 24, 2025 /prnewswire/ -- the methane intensity of oil and gas production in the permian basin—an area responsible for half of u.s. oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period as improved operations, better equipment and the utilization of ai and other advanced technologies led to reductions across all observable plume rates (large and small), according to a new analysis by s&p global commodity insights. the latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year.
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