Kathairos has emerged as the leading North American solution for methane elimination from pneumatics, with more than 1,000 systems in operation across North America and over 40 major oil and gas producer partners.
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Calgary, Alberta, November 30, 2021 — Alberta Environment and Parks has made a significant change on emission offset eligibility for methane elimination projects. According to a memo released on November 29, 2021, low-bleed to zero-bleed conversion projects will remain eligible for emission offsets beyond 2022. The change applies to conversions of pneumatic instruments installed prior to 2022 (brownfield sites).
The decision outlined in yesterday’s memo is a change from both the July 17 and November 25 Memos released by the AEP this year, which stated that pneumatic instruments installed before 2022 would be ineligible for offsets beyond 2022.
“This decision will provide oil and gas producers a powerful incentive to drive their brownfield sites to zero emissions,” applauds Dick Brown, President & CEO of Kathairos Solutions Inc, a service provider that eliminates methane venting from remote well-sites using nitrogen-based technology. “This is a huge win for the environment, and it’s a win for continued innovation and investment in this province.”
Emissions from pneumatic devices represent 39% of the oil and gas industry’s methane emissions in Canada. It is anticipated that the AEP decision will significantly reduce the estimated 10 million tonnes of CO2e emitted every year from the 100,000+ remote oil and gas locations currently operating in Alberta.
“This small policy change will have a massive environmental impact,” notes Jacqueline Peterson, lead of Kathairos’ offset programs.
Kathairos Solutions offers producers in Alberta a costless methane elimination solution, allowing producers to recoup costs through carbon offsets, even at small, low-vent locations. The company also provides full offset management and support included in its services.
Project development will have to align with new quantification methodologies currently being developed by AEP to replace the existing protocol. The current protocol governing emission offsets from pneumatic devices, the Quantification protocol for greenhouse gas emission reductions from pneumatic devices, expires at the end of 2022.
For further information on this policy change and Kathairos’ costless methane elimination solution, please contact jpeterson@kathairos.com.
About Kathairos Solutions
Kathairos champions innovative solutions aimed at supporting the modern energy industry in meeting aggressive methane reduction targets both efficiently and affordably.
Kathairos’ first technology completely eliminates methane emissions at remote well-sites by using nitrogen – a clean, non-polluting gas – to operate pneumatic devices.
Kathairos was founded in 2020 by Dick Brown and Jason Clarke, both of whom are accomplished leaders and innovators in North America’s energy sector.
