Opinion

Video | Lens Upstream: Leveraging emissions and commercial data for decarbonisation

A more detailed approach to identifying emissions reduction opportunities

1 minute read

Patrick Barker

Senior Analyst, Upstream Emissions

Patrick has extensive experience in emission quantification both from theoretical and practical application standpoints.

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The oil and gas industry’s decarbonisation efforts often focus on reducing emissions intensity. Fields with ultra-low emissions—under 8 kgCO₂e/boe—make up 20% of global production. These fields benefit from subsurface and operational advantages, setting a benchmark for the remaining 80% of fields striving to reduce their emissions.

Our recent report, How Should Oil & Gas Companies Prioritise Upstream Decarbonisation?, explores the complexities of reducing emissions in the industry. This thought-leading insight introduces our Decarbonisation Potential Index, which integrates various Wood Mackenzie datasets to help identify key opportunities for upstream emissions reduction.

In this video, we delve into the key findings of the report, share valuable insights, and take you inside Wood Mackenzie’s Lens Upstream platform—a powerful tool within our broader Lens suite. Discover how you can leverage emissions and upstream commercial data to identify opportunities for emissions reduction and decarbonisation in the upstream sector.

 

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Lens Upstream

Lens is Wood Mackenzie's data analytics platform built to deliver insights at key decision points in your end-to-end workflows. Highly intuitive, it is designed for enterprise-wide use.

Lens Upstream enables you to discover, model, value and rapidly assess strategic growth opportunities and efficiently allocate capital for resilient and sustainable portfolios.

A view of the plat form connecting two sections of an oil rig at sea.

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