Energy Efficiency, GHG Emissions, Industrial  -  August 14, 2024

Kinetik Lowers Emissions by 14%

Kinetik Holdings Inc. announced it made meaningful advances towards its long-term emissions goals despite a nearly 25% increase in natural gas volumes on its system since 2021. The company lowered its methane and GHG gas emissions intensities by 32% and 14%, respectively, over that same period. 

The fully integrated, pure-play, Permian-to-Gulf Coast midstream C corporation operating in the Delaware Basin achieved this goal largely by upgrading natural gas pneumatics and pumps to instrument air, electrification of compression, a robust leak detection and repair program, aerial emissions monitoring, and advanced emissions detection technology.

The company  published details in its 2023 Sustainability Report, highlighting its sustainability initiatives, advancements and achievements throughout 2023. 

"2023 marks another year of milestones towards our environmental, safety and sustainability priorities,” said Jamie Welch, President and CEO, in a statement. “Our commitment has enabled us to advance our initiatives including greenhouse gas emissions reductions, employee safety and well-being, community outreach, and additional clean energy business opportunities. Last year, we formed our New Energy Ventures group with a focus on evaluating projects to facilitate Kinetik’s role in the energy transition and have since announced our partnership with Infinium, an industry leader in the production of ultra low-carbon e-Fuels. We are excited about the road ahead to further decarbonize our footprint and mitigate environmental impacts. The ongoing support and guidance from our Board of Directors has also been integral to the success of our sustainability program."

Kinetik’s 2023 Sustainability Report was prepared in reference to the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB) and the Energy Infrastructure Council (EIC)/GPA Midstream Association Reporting Framework.

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