Carbon emissions intensity analysis
Benchmarking industry performance continues to play a significant role in driving industry improvements, and the OGA has, from 2020, introduced benchmarking of performance to track progress towards net zero.
Net zero metrics are being used to establish performance with regard to emissions reductions, from the level of an individual asset level to the UKCS as a whole, similar to existing indicators Production Efficiency and Unit Operating Costs. The net zero metrics focus on flaring and venting activity, overall emissions, and emissions intensity. Please see the OGA’s latest carbon intensity analysis, which supplements the OGA’s Emission Monitoring Report here.