Audit-Ready Carbon Reporting for Oil & Gas E&P
Track fugitive methane, flaring volumes, venting events, and diesel equipment emissions across upstream operations—from wellhead to custody transfer.
The Industry Hotspot: Fugitive Methane and Flaring Emissions
40-60% of footprint from methaneFor upstream oil & gas, 40-60% of emissions are fugitive methane from well leaks, pipeline venting, and compressor stations (methane GWP100 = 28x CO2). Flaring converts methane to CO2 but incomplete combustion releases unburned methane. NetNada integrates with satellite monitoring (TROPOMI, GHGSat), leak detection programs, and production data to validate reported emissions against industry benchmarks.
SASB Industry Definition
Oil & Gas Exploration & Production entities explore, extract or produce energy products such as crude oil and natural gas, which comprise the upstream operations of the oil and gas value chain. Entities in the industry develop conventional and unconventional gas reserves; these include shale oil or gas reserves, oil sands and gas hydrates. Activities covered by this standard include the development of both on-shore and off-shore reserves. The E&P industry creates contracts with the Oil and Gas Services industry to conduct several E&P activities and to obtain equipment and oilfield services.
Industry-Specific Carbon Accounting
No generic solutions. Metrics, data sources, and reporting aligned to Oil & Gas - Exploration & Production operations.
Automated Methane Leak Detection Integration
Import satellite data (TROPOMI, GHGSat) showing methane plumes. Cross-reference with asset locations to identify leak sources. Generate repair work orders and track time-to-fix.
Flare Stack Monitoring Validation
Reconcile flare meter data with gas production volumes. Flag anomalies (e.g., 'Flare volume 150% of expected for production rate'). Calculate flare efficiency % and unburned methane.
Well-Level Emission Intensity
Calculate kgCO2e per barrel of oil equivalent (BOE) for each well. Identify high-emitting wells for intervention. Benchmark against basin averages and peer companies.
SASB EM-EP Metrics Automation
Auto-generate disclosure metrics: gross global Scope 1 emissions, methane intensity, flaring intensity, % gas sent to flare vs captured. Footnotes cite methodology per API Compendium.
Scope 1 vs Scope 3 Boundary
Track emissions to custody transfer point (end of Scope 1). Midstream transport emissions (pipelines, tankers) are Scope 3. Clear boundary definition prevents double-counting with midstream operators.
Carbon Price Scenario Analysis
Model reserves economics under $50, $100, $200/tonne CO2 price. Show % of proved reserves uneconomic at each price. Support TCFD climate scenario disclosure.
Product Features for Oil & Gas - Exploration & Production
Use Carbon Data Uploader to import production data, flare volumes, and diesel consumption from SCADA and P&ID systems. Learn more →
The Activity Calculator applies API Compendium emission factors for well equipment, compressors, and diesel generators—validated against satellite data. Learn more →
Oil & Gas - Exploration & Production Case Studies
How entities in this industry use NetNada to solve carbon accounting challenges.
Challenge
AASB S2 required methane intensity disclosure with third-party verification. Manual tracking from field reports yielded 6-month-old data with 30% uncertainty.
Solution
Deployed NetNada with satellite monitoring integration. Automated daily methane intensity calculation from production and leak detection data. Quarterly verification by independent auditor.
Result
Achieved <5% methane intensity uncertainty. Published real-time dashboard for investors. Completed limited assurance 4 months ahead of deadline.
Challenge
Flaring intensity 3x basin average due to insufficient gas gathering infrastructure. Investors demanded reduction plan with progress tracking.
Solution
Used NetNada to identify 15 wells accounting for 60% of flaring. Prioritized gas capture projects by payback period. Tracked monthly flaring reduction vs target.
Result
Reduced flaring intensity by 55% over 18 months. Captured gas revenue offset $2M in carbon reduction capex. Met SBTi upstream target trajectory.
SASB Disclosure Topics for Oil & Gas - Exploration & Production
Material sustainability topics beyond emissions that investors and stakeholders expect disclosed per SASB standards.
Greenhouse Gas Emissions
environmentTrack Scope 1 emissions from combustion (diesel generators, gas turbines), venting, flaring, and fugitive methane. Report methane intensity (tCH4 per BOE produced). Satellite validation of leak detection claims.
Air Quality
environmentMonitor VOCs, NOx, and SO2 from flaring and processing. Track proximity to population centers and air quality impact assessments.
Water Management
environmentTrack water consumption for hydraulic fracturing and enhanced oil recovery. Monitor produced water volumes, recycling rates, and disposal methods.
Biodiversity Impacts
environmentReport operations in ecologically sensitive areas. Track spill incidents, habitat disturbance, and restoration commitments.
Community Relations
socialMonitor stakeholder engagement in operating regions. Track local employment, land access agreements, and community investment.
Reserves Valuation & Capital Expenditure
business modelDisclose % of reserves economically producible under $50, $75, $100/barrel assuming carbon price scenarios. Report low-carbon capex allocation.
NetNada tracks all SASB material topics, not just emissions. Our platform supports disclosure across environmental, social, governance, and business model topics relevant to your industry.
Oil & Gas - Exploration & Production FAQs
Common questions about carbon accounting for this industry
Track Upstream Methane and Flaring with Satellite Validation
See how E&P operators automate wellhead emissions, validate flaring data, and generate SASB EM-EP disclosures—meeting investor and regulatory requirements.