GTI Energy Announces Veritas Methane Protocol Testing Results

Today, GTI Energy and its Veritas Initiative partners announced upcoming updates to its open-source methane emissions measurement and verification protocols at the CH4 Connections Conference in Fort Collins, Colorado. The protocols, made publicly available in February, were tested by a diverse group of industry partners to refine the protocols to better meet real-world needs. The updated Veritas protocols will be finalized and published in December 2023, representing a significant milestone in the ongoing effort to combat methane emissions across the energy sector.

“The updated GTI Energy Veritas protocols will provide industry with a critical tool for meeting global methane pledge goals, as well as upcoming regulatory requirements in the U.S. and E.U.,” said Erin Blanton, Vice President of Zero Emissions Systems at GTI Energy. “Our cross-sector collaboration with Veritas partners has been vital in our testing efforts, giving us necessary insight into the practicality of the protocols. Results from testing will ultimately help us achieve our mission to improve methane emissions measurement technologies and rapidly scale and accelerate methane emission reductions.”

As global commitments to cut methane emissions increase, so has the pressure for companies and governments to demonstrate an immediate, transparent, and standardized approach to verifying their methane emissions inventories. Veritas was created to meet this industry need by providing a science-based, technology-neutral, and measurement-informed tool for organizations to gain confidence in their emissions reporting, and for investors to fully realize the potential of natural gas systems.

In addition to the updated protocols, GTI Energy and Veritas have forged a relationship with the United Nations Environment Programme (UNEP)’s Oil & Gas Methane Partnership 2.0 (OGMP 2.0). The organizations are developing a new methodology for participants in both Veritas and OGMP 2.0, that will provide industry with a detailed path for meeting the requirements of OGMP 2.0 using Veritas protocols. This collaboration will mark a major turning point for organizations that are involved in both OGMP and Veritas, reinforcing their commitment to the highest standards of methane emission reduction and measurement.

"As customers, investors, and governments demand stronger methane performance from oil and gas operators, companies are waking up to the need to leverage empirical data to manage their emissions," said Giulia Ferini, OGMP 2.0 Programme Manager. "Once ready, the updated Veritas protocols will offer companies a powerful tool for meeting OGMP 2.0 requirements."

For more information about GTI Energy’s Veritas, visit veritas.gti.energy.