ESG fundamentals for Oilfield Services
When most of your customers are talking about ESG, does this mean you should too? What does ESG even mean for an oilfield service company? The ESG spotlight is expanding beyond large energy companies to all players in the energy value chain, and it is becoming increasingly important for service providers to pay attention to these issues. In this session you will learn what ESG is and isn’t, why ESG reporting has become so important, and how you can start responding to this important trend.
After this session you will understand why your customers are under pressure to examine the ESG impacts of their supply chain, and you will be able to speak confidently about ESG to your customers, investors, and peers.
This live course is delivered by Rosa Rivero of Responsibility Matters, in partnership with JWN Energy and the Daily Oil Bulletin.
Navigating the energy regulator when conducting acquisitions and divestitures (June 24, 2021)
This four-hour live course is designed to guide participants through the regulatory issues from the pre-deal preparation to post-transaction implementation. Attendees will understand how regulatory, ESG, and policy awareness are integral to the business considerations of any A&D transaction in the upstream exploration, production or midstream markets.
Scope 1 Emissions: How to inventory, quantify, and report (July 21, 2021)
This course focuses on measuring, quantifying, and reporting Scope 1 greenhouse gas emissions from upstream oil & gas (O&G) facilities. Scope 1 emissions are emitted directly to the atmosphere from within a facility fence line. Regulatory requirements, as well as voluntary reporting guidance, have increased the importance of understanding and reporting Scope 1 emissions. To understand and quantify emissions, the site fence line must be understood, an equipment inventory must be developed, methodology must be confirmed, and assurance must take place to ensure that emissions are adequately reported. Various methods exist for emissions quantification including direct continuous emissions monitoring, sampling, and emissions factor development. These methods, commonly called method 1, 2, and 3, will be described, and an overview of when each method is appropriate will be given.
Scope 2 & 3 Emissions: How to navigate through the weeds and focus on what is important (July 22, 2021)
Reducing greenhouse gas emissions is key to reducing climate change. Many oil and gas producers, processers, transporters, and service companies are taking drastic action to cut the emissions from their direct operations. The emissions from a company’s direct operations are otherwise known as scope 1 emissions. Increasingly, there is a call for emissions reductions go beyond scope 1 emissions. Emissions from electricity and heat utilized on site (known as scope 2 emissions) and emissions from the entire value chain of activity that contributes to your process upstream and downstream (known as scope 3 emissions) also need to be understood and reduced to tackle climate change.