Working to deliver innovative energy solutions is one of the fundamental drivers behind our mission here at TriStone Holdings. Part of that mission is to ensure more environmentally sustainable practices are introduced and adopted by the industry, wherever possible. In this blog, we will look at some of the more innovative ways in which oil and gas developments around the world are looking to go greener. Oil and natural gas will always be fossil fuels, but there’s no reason why the processes surrounding them can’t be cleaner now and in the future.
This process is something that many major oil companies are looking to incorporate into their oil and gas developments. There’s an increasing demand across the globe to reduce the amount of single-use plastics being produced, sold and thrown away. These plastics have demonstrable negative impacts on the world’s climate and ecosystems. UK oil companies and other petrochemical firms the world over are positioned in such a way that they can help drive this change without necessarily having to compromise on their own developments.
Plastic-processing plants are easily set up on existing prospects and refineries, and few industries have the kind of access to these waste materials that the oil and gas industry does. In addition to single-use plastics, rubber and textiles are also able to be recycled down into component, raw materials. This, combined with the existing financial and infrastructural capabilities that oil and gas companies possess, certainly makes this trend towards recycling a viable one in the near future.
The oil and gas industry, traditionally, has required a large quantity of freshwater for some of its main processes. Whilst freshwater wastage has already been reduced in recent times through means of recycling, there’s a desire in the industry to reduce the quantity of freshwater needed in the first place. One of the main ways in which this can be done is reusing freshwater for multiple processes as opposed to one.
In layman’s terms it would be like using the freshwater to kill two birds with one stone. Utilising water contamination treatment and more intense filtration methods will enable a UK oil company to cut down on their freshwater wastage.
Tightening Up Inefficiencies
For a long time waste, excess and used oil was a big problem for the oil industry. It represented an inefficiency that needed to be plugged, and one of the most environmentally damaging parts of the industry. Now, however, oil companies are able to convert this waste oil into usable diesel. This diesel may be used to power the drilling rigs, themselves, or for other market purposes. The point being, though, that such processes help produce fuel for when the demand dictates as opposed to having a glut of oil going completely to waste. The whole industry cycle becomes much more efficient as a result of this fuel recycling process.
Another way in which these inefficiencies are being targeted is through smarter software and artificial intelligence. The more accurate the data insights the oil companies get back from their computing systems, the more that resource wastage can be highlighted, and the more that UK oil companies will be able to streamline their operations, as a result. This is quite clearly beneficial from both a commercial and environmental standpoint – meaning that everyone is kept happy!
Methane is one of the most harmful greenhouse gases. In terms of impact upon the climate, in the short term, at least, methane is much more damaging than CO2 (carbon dioxide). Around 80 times as damaging, in fact. Unfortunately, methane leakages are a risk and a relatively common occurrence in the natural gas production chain – whether this be processing or distribution. Therefore, in recent times oil and gas companies have been keen to minimise these leakages wherever possible.
The largest oil companies like ExxonMobil are pledging huge sums of money into emission-cutting technologies whilst other companies are looking to adopt polyethylene pipelines rather than steel ones, which leak far less methane. Further to that, many UK oil companies are looking to utilise technologies like drones to pinpoint pipeline leakages. Similarly, many companies are replacing their outdated technologies in favour of more efficient alternatives. One such example is the replacing of so-called high-bleed pneumatic devices with new technologies. New equipment which doesn’t leak methane in anywhere near the same quantity as those older technologies do.
We’re situated in the most environmentally conscious era of all time. The increasingly apparent need to adopt more environmentally sustainable practices is something not lost on oil and gas companies. In fact, given that they’re so often targeted as being the root cause of the climate’s problems, they’re amongst the most aware as to the need for change. So, if you’d like to find out more about our UK oil company, or about the oil industry more generally, then get in touch! Contact TriStone Holdings today on 0800 055 7079. Over the past few months, we’ve been approached for comment by several prominent industry publications, find out more here! Our company Facebook page can be viewed here.