Operators, investors and consultants can now use Orbio’s methane intelligence platform to integrate cutting-edge methane analytics into decision-making at every level of the company. Through this companies can:
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Orbio fuses emission and non-emission datasets with machine learning and deep science algorithms.
This enables us to create a transparent view of where and how methane emissions occur for any asset on earth.
We then package this onto our Methane Intelligence platform to enable stakeholders to monitor methane emissions from assets on a global scale.
Orbio utilises satellite data to capture images of methane every 4 days from any site on earth. We then cross-analyse this satellite emissions data with non-emission datasets to help offer insights around how to diagnose and reduce these emission events over time. This is packaged into a web platform that provides different features that enable teams internally to understand the emissions profile of an asset, company and/or region.
- Man-made methane emissions are a climate quick win. Stopping
- These emissions could prevent 0.5°C of global warming. Moreover, preventing these emissions is fairly simple provided stakeholders are equipped with the right data.
Firstly Orbio can deliver data at high spatial resolutions meaning emissions can be attributed to specific assets. The main methane-specific satellite in use today gives resolution of 5km x 5km making it very difficult to gauge where the source of methane emissions are coming from. Secondly, Orbio has begun cross-analysing the emissions data with non-emission datasets to inform how to diagnose emissions on the ground, and reduce them in the future.
We are open to any connections! Find us on Linkedin, Crunchbase and Twitter, or drop us a line on firstname.lastname@example.org, we are always keen on talking to people who are interested in tackling the methane problem.
Because estimating methane emissions is very difficult! There are three main reasons for this:
1.) The nature of events are quite random, it can be from a leaking valve to a maintenance event, to a blowout.
2.) There are 12 million oil & gas assets worldwide that can emit methane. Therefore it's difficult to capture accurate data about emissions across such large scales.
3.) Lastly, the majority of methane emissions are un-reported events, therefore, usually, they are not taken into account by current estimates.
There are three examples that can be pointed to here:
1.) Regulatory Pressure is increasing - after CO26 and the Global methane pledge, which 100 countries signed, methane regulations are being introduced creating transitional risks for companies. This transitional risk and regulatory pressure is in turn leading to shareholders pressuring businesses to better account for methane in their supply chain.
2.) Unaccounted methane emissions can lead to drops in company valuations. Diversified energy recently suffered a $300m drop in its share price after it was found to have higher methane emissions in its supply chain than reported.
3.) Companies are backing out of purchasing decisions based on methane emission risk. Engie recently backed out of an energy deal with NextDecade after fears over the methane emissions within the companies supply chain