TXOGA Statement on the Industry-Led Environmental Partnership’s 2024 Annual Report Showing Measurable Emission Reduction Results Across All Performance Programs

AUSTIN - The Environmental Partnership recently released its 2024 Annual Report detailing the ongoing success of the U.S. oil and natural gas industry's collaborative efforts to reduce methane emissions. The report shows measurable results across all of the Partnership's eight environmental performance programs that span the entirety of the energy supply chain. Todd Staples, president of the Texas Oil & Gas Association (TXOGA) issued the following statement:

"The Environmental Partnership's member companies have proven, once again, that collaboration, innovation and commitment to a shared goal of reducing emissions are achieving meaningful and lasting environmental results. TXOGA applauds not only their ongoing success, but the continuing growth of the Partnership and its impact.

"Through the Partnership as well as other industry-led collaborative efforts such as the Texas Methane & Flaring Commission and the Texas Seismicity & Water Partnership, the Texas oil and natural gas industry is protecting and improving the environment while producing the oil and natural gas that generates over 43 percent of the electricity in the U.S. and 51 percent in Texas, according to 2023 data from the Energy Information Administration, in addition to serving as the building blocks for 96 percent of our everyday essentials."

According to the report, as the Partnership's membership has expanded, so have its actions to cover more emissions sources across the energy supply chain. As such, in 2023, Partnership member companies demonstrated their continued commitment to improvement by achieving a 6.6 percent reduction in flare intensity and a 10 percent reduction in total flare volumes from the previous year. Since 2019, members have reduced their reported flare volumes by more than 75 percent, even as oil and natural gas production has increased.

The report also details how participating companies reduced methane emissions across the supply chain through the Partnership's efforts such as replacing pneumatic controllers and implementing robust leak detection and repair programs.

The Environmental Partnership is comprised of over 100 companies in the U.S. oil and natural gas industry representing nearly 70 percent of U.S. onshore oil and natural gas production and includes companies of all sizes, including many of the country's major oil and natural gas producers. Over 43 TXOGA member companies across upstream and midstream oil and natural gas participate in the Partnership, and are committed to continuously improving the industry's environmental performance.

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Founded in 1919, TXOGA is the oldest and largest oil and gas trade association in Texas representing every facet of the industry.