Methane released from oil and gas operations represents lost potential revenue for operators and lost royalty and carbon levy revenues for the government. In this briefing note we estimate the total value of this wasted methane based on the total reported releases of methane in Alberta. We further investigate the implications of recent research from Carleton University which identified that Alberta’s oil and gas sector may release 25-50% more methane than currently reported.
Estimate of lost sales from methane releases in the Alberta oil and gas sector
Briefing note
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