Methane Emissions from U.S. Oil and Gas Operations Cost the Nation $10 Billion Per Year

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Oil and gas operations across the United States are emitting more than 6 million tons per year of methane, the main component of natural gas and the most abundant greenhouse gas after carbon dioxide, according to Stanford-led research published March 13 in Nature.

Oil and gas operations across the United States are emitting more than 6 million tons per year of methane, the main component of natural gas and the most abundant greenhouse gas after carbon dioxide, according to Stanford-led research published March 13 in Nature.

These emissions, which result from both intentional vents and unintentional leaks, amount to $1 billion in lost commercial value for energy producers. The annual cost rises to $10 billion when researchers account for harm to the economy and human well-being caused by adding this amount of heat-trapping methane to Earth’s atmosphere.

The new emission and cost estimates are roughly three times the level predicted by the U.S. government. The results are based on approximately 1 million aerial measurements of U.S. wells, pipelines, storage, and transmission facilities in six of the nation’s most productive regions, including the Permian and Forth Worth in Texas and New Mexico; California’s San Joaquin basin; Colorado’s Denver-Julesburg basin; Pennsylvania’s section of the Appalachian basin; and Utah’s Uinta basin. In all, the infrastructure surveyed in this study accounts for 52% of U.S. onshore oil production and 29% of gas production.

Read more at: Stanford University

The researchers used two different but complementary approaches to measuring methane emissions from specific facilities via airplane-borne sensors. (Photo credit: Carbon Mapper)