The Grand Slam facility in West Texas is a cornerstone of BP’s plans to produce oil...
The traditional oil and gas facilities it bought in the Texas oil field were sending more greenhouse gases into the atmosphere than those of its Permian peers.
Most companies, that is, except BP, which aims to cut oil output by 40 percent worldwide by the end of the decade. It plans to sell off $25 billion in oil and gas assets around the globe by 2025 and use the proceeds to help fund the company’s growing renewables business. Among the majors, BP is relatively new to the Permian Basin, the country’s most prolific oil producing region that churns out more than 5 million barrels per day. It made its debut in the Permian in 2018 through its acquisition of Australia-based BHP’s onshore U.S. assets for $10.5 billion.
Built near the company’s well sites north of Pecos, Grand Slam is essentially a network of tanks, pipes and other equipment for gathering, transporting, and processing oil, gas and their byproducts. Instead of tanker trucks picking up oil from storage next to a well to process and sell, the oil — along with natural gas and any byproducts — is directly piped to the centralized Grand Slam facility so it can be processed and sent on to customers.
“Finding and fixing these emissions quickly is an efficient and effective way to reduce the amount of methane released into the atmosphere, which reduces the overall methane intensity,” said Elena Berman, chief science officer at Kairos. “Companies also use this data to understand what causes their emissions so they can implement preventative maintenance — which prevents many new emissions from ever starting.
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