September 15: One Future’s 2020 Methane Emissions Intensity Report

  • September 15, 2021
    12:00 pm - 1:00 pm

Join us on Wednesday, September 15 at Noon Pacific Time to learn about ONE Future and how its overarching goal is to ensure the future of natural gas as a long-term sustainable fuel even in a low carbon economy. It will be demonstrated that the natural gas industry can minimize methane emissions and increase production and throughput while supplying much-needed reliable and affordable energy to the U.S. and around the globe for years to come.

ONE Future member’s in each of the sectors show the following 2019 intensity results vs. their 2025 goals:

• Production: Intensity of 0.085% vs. goal of 0.28% – beating goal by 70%

• Gathering & Boosting: Intensity of 0.033% vs. goal of 0.08% – beating goal by 59%

• Processing: Intensity of 0.012% vs. goal of 0.11% – beating goal by 89%

• Transmission & Storage: Intensity of 0.112% vs. goal of 0.30% – beating goal by 63%

• Distribution: Intensity of 0.092% vs. goal of 0.22% – beating goal by 58%

• Overall production increased by 32% and deliveries to customers increased by 58%

Due to the year-to-year changes in sectors, the net emissions intensity from ONE Future has remained virtually flat but still is 67% less than our one percent goal. ONE Future’s overarching goal is to ensure the future of natural gas as a long-term sustainable fuel and that objective will be assured as additional players in the natural gas value chain continue to step up and embrace the benefits of reducing methane emissions. We understand that methane emission reduction, when implemented on a flexible performance-based approach selected by each company, is not just good for the environment, but is also good for the natural gas industry, its employees, customers, communities, and investors.

Presenter

Richard Hyde, Executive Director

Richard works as the Executive Director of One Future.  He has primary responsibility for the day-to-day operations of the group. Most recently he served as the Director of External Affairs for Southern Company Gas, responsible for the legislative and regulatory functions for the Commercial Businesses which include Fuels and Storage, Pipeline Investments, and Energy Marketing.

Richard has been in the natural gas industry for over 30 years, working for Panhandle Eastern and Trunkline Gas, Duke Energy, AGL Resources, and Southern Company Gas. Richard has worked primarily in the state legislative arena, except for a brief stint in D.C. with Duke Energy as their primary pipeline representative.

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