Today, the Alberta Energy Regulator (AER) announced it selected Qube Technologies Inc. for an Alternative Leak Detection and Repair pilot program. Therefore, this program will detect and repair climate-warming methane leaks from the Oil and Gas (O&G) industry.
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Qube selected to develop methane monitoring activities in NA
According to AER, Qube’s technology provides a change in emissions monitoring. Thus, it offers operators a cost-effective and reliable system for leak monitoring. Besides, this technology is easy to deploy and uses artificial intelligence (AI).
Today, AER announced it selected Qube Technologies Inc. for an Alternative Leak Detection and Repair pilot program. Accordingly, this program will detect and repair climate-warming methane leaks from the O&G industry.
In fact, Qube’s technology provides a change in emissions monitoring. Therefore, it offers a non-expensive and reliable system for leak monitoring. Also, this technology is easy to deploy and uses the aid of AI.
Moreover, the Company uses low-cost, high-sensitivity sensors to measure a host of gases in real-time. Furthermore, it detects emissions continuously and autonomously.
In fact, emission leaks can continue unabated for months without continuous monitoring. Thus, this situation could undermine environmental relief efforts with an associated cost of lost production to operators without action.
Therefore, Qube analyzes field data with the help of artificial intelligence. Also, the Company combines gas measurements, atmospheric data, and other operational inputs. Hence, it is capable of locating and quantifying different leaks by emission source and severity.
Partner companies and Reception
The Company works in collaboration with Enhance Energy (“Enhance”) and Highwood Emissions Management. As a result, Qube became the first continuous monitoring technology.
Accordingly, Enhance is an Alberta-based energy company specializing in using carbon sequestration to improve the recovery of energy resources. To date, the Company has sequestered over 1 million tonnes of carbon dioxide.
“We are excited to be kicking off this project with the AER and Enhance Energy,” said Alex MacGregor, Chief Executive Officer at Qube. Moreover, “Alberta has historically been a source of innovation for the energy industry. Therefore, we believe this project is a continuation of this trend in the era of decarbonization and environmental stewardship. Furthermore, we believe the technology we have developed will be at the forefront of this change. In fact, by enabling operators to transparently disclose emissions reduction progress to regulators, the public, and investors.”
Similarly, Tim Benko, Operations Manager at Enhance Energy, said: “We are thrilled to continue working with Qube, who has brought significant value to our emissions monitoring systems. Therefore, through this partnership, “we had come to realize that continuous emissions data allows for a new level of understanding.” Indeed, “one that simply wasn’t available when we relied on traditional methods.”
Finally, with new regulations pushing the energy industry to reduce methane emissions, partnerships in this regard are crucial.