Carbon Certificates

SLU is dedicated to the reduction of greenhouse gas emissions from upstream Oil & Gas operations – particularly methane emissions which have been identified as a major contributor to climate change

Carbon Credit’s Market Complexity

The interest of potentially large buyers of credits is limited due to the combination of the following factors:


Carbon Certificates

SLU is dedicated to the reduction of greenhouse gas emissions from upstream Oil & Gas operations – particularly methane emissions which have been identified as a major contributor to climate change

Carbon Credit’s Market Complexity

The interest of potentially large buyers of credits is limited due to the combination of the following factors:

Challenges

Emissions tracking for upstream Oil & Gas has been haphazard and difficult to validate

 

 

The industry relies on remote monitoring and estimation techniques to report emissions

Solution

SLU is re-writing the Carbon Certification and Credit generation approach

Methane Certification Protocol

 

  • Track and quantify methane emissions from venting, flaring, fugitive release and mechanical release: From the wellhead assembly to the point of sale

  • Mass balance measurement of methane emissions

  • Accurate and auditable methane certificates through direct monitoring combined with secondary party oversight and third-party validation

Range of carbon credit types available on regulated and voluntary markets – some of which have dubious benefits to reducing atmospheric carbon

In voluntary carbon credit markets, there has been some reluctance to buy credits from Oil & Gas producers due to concerns regarding the reputation impacts and optics

 

Methane Credit Protocol

This protocol will delineate the conversion of Certificates (known reduction in Methane emissions) into Credits (a tradeable unit of emissions reduction with associated price). The Methane Credit Protocol guides users in the measurement of emissions reduction against a baseline emissions rate for the basin (using credible baseline methane emissions data), tracking and ownership of the credit, credit trading platforms and credit validation processes 

  • Credit is sold by the SLE alongside the Oil & Gas
  • Credits will be assigned as a unit of efficiency per Barrel of Oil Equivalent (BOE)
  • As the Oil & Gas passes through the value chain, the tradeable credit follows alongside
  • Tracking of the credit is accomplished through blockchain accounting to validate the traceability of the creation, trading and retirement of credits

 Reducing Emissions Generates Multiple Benefits  for SLU Investors

Hover to find out more

Benefits

The Key to
These Benefits

Value = Credibility

Opening SLU assets to a broader range of investors that have ESG-aligned investment strategies and who are currently less inclined to invest in Oil & Gas assets