Portfolio company of Climate Investment, founded by the Oil and Gas Climate Initiative (OGCI).
They are relatively labour intensive, and each achieve modest gas capture in volumetric terms. Therefore, corporate decision makers would typically not prioritize LDAR activities unless there is a regulatory mandate to do so.
The climate mitigation impacts, however, are significant due to the high global warming potential (GWP) of direct methane emissions. This can also result in a notable revenue boost if developed as carbon credit projects and would hence incentivise such actions.
