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Short answers on flaring, methane, costs and carbon rules in oil and gas. To see them worked out with your own operating data, book a demo.
Carbonova connects SCADA, flow-metering and energy data to CarbonOS, a platform of AI agents that calculates emissions by source (combustion, flaring, venting, and fugitives estimated from process data), flags drift and ranks measures by cost per tonne of CO₂ avoided. Carbonova Sense, now at pilot stage, infers a flare’s combustion state on the asset itself. The same dataset feeds GHG Protocol, ISSB-aligned and customer reporting, with an audit trail back to the source.
The largest sources are fuel burned for power and gas compression, flaring, and methane released through venting and leaks. The world flared 167 billion cubic metres of gas in 2025, the third annual increase in a row (World Bank, 2026). And around 70% of methane emissions from fossil fuels could be cut with technology that already exists (IEA, 2026).
Facilities emitting more than 100,000 tCO₂e a year are covered by the Safeguard Mechanism, whose baselines fall by 4.9% a year to 30 June 2030. Since the 2023 reforms, new gas fields supplying existing LNG plants are treated as new facilities, and best practice for their reservoir CO₂ is set at zero. Large companies also report Scope 1, 2 and 3 emissions under AASB S2.
Yes. A Safeguard facility that cuts its emissions below its baseline is issued one Safeguard Mechanism Credit per tonne of CO₂e below it, which it can sell or use for its own compliance; SMCs are not offsets. Large LNG plants burn about 8% to 10% of their feed gas energy to run (IEA, 2025), so efficiency gains free gas for sale and can take the facility below its baseline. Carbonova tracks emissions against the baseline every month.
Sense, now at pilot stage, runs on the asset and combines radiometric LWIR thermal imaging, RGB vision and an acoustic proxy to infer the flare’s state: lit and normal, smoking, degraded, flameout, venting or no flow. Operators see at once when the flame goes out or combustion degrades. Vented methane is quantified only for confirmed venting, from SCADA flow data. Sense is not a methane sensor and does not detect leaks.
Yes. Every value has lineage back to its source in SCADA, ERP systems such as SAP or Oracle, or meters, plus a versioned emission factor and a change history, in line with the ISO 14064-3 verification standard. That matters because methane reporting is moving from estimates to measurement: OGMP 2.0, the industry’s reference framework, has 153 member companies covering 42% of global oil and gas production (UNEP, 2025).
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