New Emissions Reduction Solution Launched
Following significant investment in technology development, we are proud to launch X-PAS™ for Emissions Reduction - our new data science solution which enables operators to reduce CO2 intensity and emissions from their oil and gas operations. This new solution aims to help customers reduce annual CO2 tonnage, at a time when operators are seeking to cut costs and achieve ambitious net zero targets.
Powered by OPEX’s predictive technology, the X-PAS™ platform dynamically calculates and displays in real time the lowest achievable emissions intensity for an asset’s production target and plant configuration. Through the X-PAS™ portal, users have full visibility of the energy use and emissions intensity of their assets and the operational actions they can take to reduce CO2 emissions.
Danny Farquhar, VP of Data Science at OPEX , said: “It’s encouraging to see the work that is going into initiatives such as carbon capture, hydrogen, electrification and renewables, however these are likely to be medium to long term solutions and our industry also needs solutions that make an impact now.
“The X-PAS™ platform for emissions reduction makes use of existing data and is currently being rolled out to the first customers over the coming weeks. The interactive tools and displays are easy to comprehend by everyone, not just engineers.
“The platform delivers immediate impact by reducing energy consumption and direct emissions intensity. This not only helps to lessen environmental impact but also drive down EU ETS costs and fuel costs at a time when the industry is facing significant pressures.”
The X-PAS™ platform for emissions reduction is the latest offering in OPEX’s suite of data analytics and predictive technology solutions, all of which help operators to improve operational stability, reduce emissions and increase productivity.
An emissions reduction solution that delivers immediate impact. Using data science and predictive technology to reduce CO₂ intensity and emissions from oil and gas operations.