Air Emission Reduction Measures:
We have extended the use of oil and water gathering lines to all future development where we have leases committed to gathering systems operated by independent third parties. We believe these gathering lines have several benefits, including a) reduced need to use trucks, thereby reducing truck traffic and noise in and around our production locations, b) elimination of emissions associated with truck load-out of oil and produced water, c) reduced on-site storage capacity, resulting in lower production facility emissions, and d) generally improved community relations. In 2018 nearly 94% of our oil was transported via gathering systems resulting in the elimination of several thousand truck trips. We expect this percentage to continue to increase as we continue our development program.
Greenhouse Gas Emission Reduction:
SRC Energy complies with state and federal regulatory requirements to track and report emissions of gases classified as Greenhouse Gases (GHG) and works to minimize GHG emissions from our operations. Leak Detection and Repair (LDAR) inspections are a critical component for the reduction of GHG emissions. In 2018 SRC more than tripled the number of Forward-Looking Infrared Radar (FLIR) inspections of facilities and flowlines. Timeliness of repairs is a regulatory requirement and our goal for 2018 was 100% compliance with repairs.
We have reduced our estimated GHG emissions per thousand Barrels of Oil Equivalent (MBOE) produced due to more efficient operations, improved monitoring and the use of new production technologies. Some examples are:
- Using instrument air instead of natural gas to activate pneumatic control devices.
- Use of vapor recovery units.
- LDAR Program
Reducing Ground Level Ozone Contributors:
In addition to minimizing the impact of GHG, SRC Energy also proactively works to reduce emissions of ground level ozone contributors including Volatile Organic Compounds (VOC) and Nitrogen Oxide (NOx) by using proven production technology, including:
- Pipelines for most of the oil and water production vs. trucking.
- Capture of Natural Gas Liquids from tank vapors.
- Emission controls for oil and water tank loadouts.
- Use of Vapor Recovery Units (VRU’s).
- Additional stage separation to maximize vapor capture for sales.
- Ultra-high efficiency (99%+) tanks emission control devices.
SRC is committed to reducing ozone on Action Alert Days as identified by the Colorado Department of Public Health and Environment for the DJ Basin area. This is accomplished by reducing or eliminating non-essential activities that result the generation of VOCs and NOx. We also encourage our employees to limit driving and certain other activities.