AXPC Members and The Environmental Partnership
US Independent Oil and Gas Producers are Committed to Continuously Improving the Industry’s Environmental Performance
“As an industry, we have an irreplaceable role in developing and employing the technologies and innovative solutions that secure America’s long-term energy future,” AXPC CEO Anne Bradbury.
AXPC member companies are a part of The Environmental Partnership (The Partnership or TEP)
- The mission of The Partnership is to continuously improve the industry’s environmental performance by taking action, learning about best practices and technologies, and fostering collaboration in order to responsibly develop our nation’s essential oil and gas resources.
- The Partnership implements programs that target emissions using proven, cost-effective controls targeting three of the most significant sources of emissions. Selected based on EPA emissions data, these programs consist of: detecting and repairing leaks; focusing on high-bleed pneumatic controllers; and, improving the manual liquids unloading process.
Independent oil and gas producers are committed to continually, meaningfully reduce greenhouse gases (GHGs); AXPC companies – as outlined in yearly sustainability reports – have been, and remain, committed to meaningful environmental, sustainability and governance actions.
- According to US EPA, The United States is a world leader in protecting the environment and reducing greenhouse gas emissions. From 2005 to 2018, total U.S. energy-related CO2 emissions fell by 12%. In contrast, global energy-related emissions increased nearly 24% from 2005 to 2018.
- In the Permian basin, energy production grew 100 percent from 2011—2017, while methane emissions relative to production fell nearly 40 percent. In the Eagle Ford basin, production grew 130 percent over the same time period, and methane emissions relative to production fell nearly 70 percent.
- In the Permian Basin methane emissions intensity has been reduced by nearly 64% in the past 7 years. If this Basin alone were its own country, it would rank 45th in flaring intensity, based on World Bank data.
- Methane emissions from oil and natural gas systems are down 23% since 1990, according to the 2020 edition of the Environmental Protection Agency’s Inventory of U.S. Greenhouse Gas Emissions and Sinks. Technologies that include more advanced leak detection equipment and innovative capture techniques are driving this decrease in emissions during a time when oil and natural gas production increased dramatically.
“Participation in The Environmental Partnership demonstrates our commitment to further reduce our overall methane profile, and complements our ongoing work in reducing emissions by providing a platform for collaboration with other experts and the ability to share best practices,” Cimarex President and CEO and AXPC Chair Tom Jorden.
About the American Exploration and Production Council:
AXPC is a national trade association representing the largest independent oil and natural gas exploration and production companies in the United States. We lead the world in the cleanest and safest onshore production of oil and gas, while supporting millions of Americans in high-paying jobs and investing a wealth of resources in our communities. Learn more at https://axpc.preview.ascenderstudios.com/