With growing worldwide consensus about the impacts of climate change, the oil and gas industry faces unprecedented pressure to redefine itself, minimize its carbon footprint, and ultimately move towards an energy transition. As per McKinsey, if the world is to come anywhere near to meeting its climate-change goals, the oil and gas industry will have to play a big part. It is therefore imperative that the industry is able to easily and accurately measure its carbon footprint, monitor key sources of emissions and ultimately minimize it via operational and other optimizations. This need is further accelerated by regulatory, investor, consumer and market forces, in many cases making it mandatory for corporations to report their carbon footprints. Tachyus’s Carbon Estimation and Forecasting platform is designed to be the one-stop-shop for all things carbon for the oil and gas industry.

Aurion, Tachyus’s Carbon Estimation, Forecasting and Reporting platform leverages EPA GHGRP Subpart W and OPGEE that adheres to the GHG Protocol. The GHGRP covers emissions from different aspects of the oil and gas industry through several of its subparts and is used to report by over 10000 facilities. OPGEE is developed by Stanford University and California Air Resources Board (CARB). OPGEE has been used to report carbon intensity for over 9000 fields worldwide and results reported in the prestigious Science Magazine. Aurion therefore not only provides robust, tested and reliable approaches to estimate carbon intensity, but also provides transparency to all calculations, thereby making it thoroughly auditable. By leveraging our expertise in cloud computing, data integration, modeling, forecasting, uncertainty quantification and optimization, we have extended the usability of EPA Subpart W and OPGEE significantly.