• Real-time monitoring of methane emissions globally

• Technology consolidates data from multiple detection sources

• Multisectoral initiative covering 12 industries

IRVING, Texas, December 13, 2021– (BUSINESS WIRE) – ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions on a global scale. The deal has the potential to redefine methane detection and mitigation efforts and could contribute to broader satellite emissions reduction efforts in a dozen industries, including energy, agriculture, manufacturing. and transport.

“This collaboration will allow multiple industries to identify sources of methane emissions around the world in real time, so that leak repair or mitigation solutions can be deployed quickly,” said Bart Cahir, vice president senior unconventional at ExxonMobil. “This is another example of how ExxonMobil is investing in technology with leading innovators to align with the Global Methane Pledge to reduce methane emissions by 30% by 2030, from levels of 2020. “

In the first phase of the project, the companies will design and optimize the satellite placement and coverage plan, initially focused on capturing methane emissions data from ExxonMobil operations in the Permian Basin. Scepter will deploy satellites in 2023 and expand its coverage to more than 24 satellites over three years, forming a vast network of constellations capable of monitoring operations around the world.

Scepter’s satellite sensing technology has demonstrated its ability to accurately collect methane data, while identifying sources of carbon dioxide, nitrogen oxides, sulfur oxides and other gases. greenhouse effect.

ExxonMobil and Scepter are also at the forefront of a proprietary data fusion system that reconciles information collected from multiple detection methods, including ground, stationary and mobile surveillance devices. By consolidating data, scientists could unlock valuable information and opportunities to further quantify and validate programs that reduce methane emissions.

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“We are delighted to be working with ExxonMobil to develop a system that goes beyond methane detection. Our data fusion platform will be at the heart of a larger capability for detection, quantification, reduction and certification, ”said Philip Father, CEO of Scepter. “This approach is rooted in our mission to provide comprehensive real-time, global observations, thereby meeting a variety of environmental, social and governance reporting needs. “

When combined with ExxonMobil data from ground sensors and aerial surveys using advanced analytics, Scepter’s data platform enables the company to establish more insight into its performance in the field. ‘methane emissions on an unprecedented scale and quickly identify high-emitting sources. The data processing platform will allow third-party certification to be extended and complement efforts to reduce methane emissions.

ExxonMobil supports the development of satellite monitoring and conducts field trials of emerging technologies. The company is also participating in an industry study with the Collaboratory to Advance Methane Science to expand on ongoing initiatives to identify smarter, faster ways to detect and mitigate emissions using satellites. .

The company recently announced its intention to achieve net zero greenhouse gas emissions from its operating assets in the US Permian Basin by 2030. These efforts include several key areas, including continued investments in monitoring technologies and detection of methane and elimination of routine flaring in the company’s operations in the Permian Basin. by the end of 2022, in support of the World Bank’s Zero Routine Flaring initiative.

About ExxonMobil

ExxonMobil, one of the world’s largest publicly traded energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil has an industry-leading inventory of resources, is one of the largest refiners and distributors of petroleum products, and its chemicals business is one of the largest in the world. To learn more, visit exxonmobil.com and The Energy Factor.

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About Scepter, Inc.

Scepter has developed and internationally patented a revolutionary approach to monitoring the atmosphere in real time using a set of terrestrial, airborne and low earth orbit satellite sensors to deliver actionable information to businesses, consumers , governments and NGOs. These capabilities are not only essential for solving global pollution and climate change crises, but also provide the platform for an emerging multi-billion dollar commercial atmospheric monitoring industry to meet environmental ESG reporting needs. To learn more, visit ScepterAir.com.

Caution

Statements of future events in this release, including technological advancements, the performance of new functions or systems to detect emissions, or the viability of third-party certifications, are forward-looking statements. Actual future results, including project plans, schedule and costs; the ability to identify emissions; and the impact of operational and technological efforts could vary depending on the results of future study and research efforts, including the ability to evolve projects and technologies on a commercially competitive basis; the effectiveness of cooperative efforts to develop technologies and projects; any changes in plans or objectives upon final project approvals; the ability to execute business objectives on time and successfully; the ability to obtain and timing of required government and other third party consents; the development and pace of favorable market conditions and national, regional and local policies relating to emission reduction technologies; changes in laws and regulations, including laws and regulations relating to greenhouse gas emissions, carbon costs and taxes; the outcome of trade negotiations; the development and application of local, national and international mandates and treaties; unforeseen technical or operational difficulties; changes in supply and demand and other market factors affecting future prices for oil, gas and petrochemicals; and other factors discussed in this press release and under “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at exxonmobil.com.

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Contacts

ExxonMobil Media Relations
972-940-6007

Scepter, Inc.
415-748-0661