Firsthand expertise and experience to decarbonize upstream operations.
Our commitment to Upgreen
During the last 18 years of operatorship and investment in mature fields improvement, XP has deployed dozens of field-proven solutions to measure, report and reduce the environmental footprint of its operations and build a strong track-record
-87%
Reduced Green House Gas intensity (tCO2eq/toe) by 86% since 2013
-77%
Reduced Energy intensity (%) by 77% since 2013
-93%
Reduced Freshwater withdrawal intensity (m3/toe) by 93% since 2013
-74%
Reduced spills intensity (number of spills/boe) by 74% since 2013
>10
Million USD invested in dozens of GHG reduction solutions since 2013,
5 years
Publishing sustainability report for 5 consecutive years (since 2018)
ISO
- ISO 9001 Management Systems
- ISO 14001 Environmental System
- ISO 45001 Occupational Health and Safety
- ISO 50001 Energy Management
Operations decarbonization services
XP provides economically-sound environmental footprint reduction solutions from operator to operator. We can be a one-stop shop to develop and implement your decarbonization program. From advisory to projects financing, implementation and monetization – we do it all
Reduce your carbon footprint
1
GHG emissions detection & measurement
2
GHG emissions reporting
3
Abatement & investment recommendation
4
Implementation of field proven abatement solutions
5
Carbon Credit Monetization
Wells
- Mobile Well test units
- Artificial lift for liquid unloading
- Vapor Recovery Units (VRU)
- Flaring instead of venting
- Permanent monitoring
Pipelines
- Real-time pressure monitoring
- Mobile compression
- Purge pipelines with inert gas
- Hot Tapping
- Flaring instead of venting
Compressors
- LDAR
- VRU
- Convert gas starter motors to electric or compressed air
- Convert wet seals to dry seals where feasible
Process facilities (CH4)
- VRU
- Recover gas during liquids loading
- Automatic liquid blowdown
- LDAR
- Flaring instead of venting
Process facilities (CO2)
- Continuous Flaring Reduction
- LDAR
- Continuous Flaring Process Alternatives for improving energy and combustion process efficiency
Our operational model in Upgreen
As an integrated decarbonization services provider, we work through a stage-based approach to address the challenges that field operators have, and bring clarity in regards to “Why?” and “How?” progress with the best fit-for purpose solutions in the most efficient way, generating value for your business
1 Lay the foundation
- Implement measurement and monitoring
- Develop reporting
2 Prepare your response
- Diagnose situation
- Assess the opportunities
- Develop implementation plan
3 Monetize the change
- Implement (field) proven solutions
- Monetize carbon credits and green certificates
How can you benefit from Upgreen?
XP is aligned with international best-practice and approved methodologies. It allows oil and gas companies to decarbonize their upstream operations in a comprehensive manner, and benefit from it in multiple ways
P
Political
- Become compliant with existing and upcoming regulation targeted at emissions reduction
- Contribute towards country’s obligations as per Paris Agreement
E
Economic
- With the current gas price, a majority of current emissions from oil and gas operations could be avoided with NPV-positive measures
- Monetize of emissions reduction through carbon credits
- Avoid penalties under EU ETS and/or other regulations
- Become more attractive for International Financial Institutions
S
Social
- Satisfy demand for ESG from investors, employees, and partners
- Retain and attract Talents willing to work in sustainable companies
- Distinguish yourself within local communities, where you operate
T
Technological
- Gain access and internalize new technologies, know-how and best practices in emissions measurements and reduction that can be applied to your other operations
E
Environment
- Make your contribution in fight against Global Warming
- Have strong argument in discussions with environmental organization
L
Legal
- Become eligible for certain contracts and concessions that require compliance with certain ESG standards and actions taken
Case studies
XP has implemented dozens of GHG emissions reduction projects, aimed at reduction of emissions from three key categories: Fugitive, Venting and Flaring. While some projects required significant investment, others were capital-light, or new approaches to operations, without any additional investment
Gas to power plant
In 2018 XP designed and built gas to power plant in Romania to capture associated gas and convert it to electricity, which is consumed at the production site
- Investment: USD 2.2 MM
- Saved 3 million m3 of commercial gas per year, and reduced GHG emissions by 7’000 tCO2 eq./ year, reduced energy intensity
Mobile well testing separator
XP designed and built mobile well-test separator, which allows to clean-up and test gas wells without venting or flaring to reduce gas losses and GHG emissions during well testing
- Investment: USD 150’000
- Reduced GHG emissions by >8’500 tCO2 eq./year, and saved 1 mln m3 of trade gas / year
Low Temperature Separator
In 2015 XP designed and replaced old separation process with a new, efficient one to reduce GHG emission, help the Client obtain carbon credits, and monetize them
- Investment: USD 2.0 MM
- Reduced GHG emissions by 13’300 tCO2 eq./ year; 66’000 UER units were generated for the Client
Saved ~10 mln m3 of trade gas / year
LDAR Program
XP has implemented LDAR in all of its operations, most recently in Ukraine in 2021 to detect and eliminate leaks
- Investment: N/A (only USD 32k of OPEX/year)
- Only in Ukraine LDAR allowed to eliminate 720 tcm of fugitive CH4 losses per year, which reduced CHG emissions by 12’000 tCO2 eq./year
