Working to Improve Air Quality
Concho seeks to minimize greenhouse gas (GHG) and other emissions from our operations and efforts to reduce emissions are underway throughout our operations. In order to capture and retain as much gas as possible we have installed emission control and gas capture equipment across our operations. We have invested heavily in emission control equipment for vapor recovery, closed vent systems, custody transfer units, combustors and flares. These investments have reduced methane and volatile organic compounds (VOC) emissions associated with crude oil production and storage at our facilities. Additional emissions reduction investments are made incrementally as new facilities are brought online.
Transporting our crude oil production volumes by pipeline is a key component of our marketing strategy that is not only efficient but also helps us reduce our environmental footprint and minimize emissions. Before commencing a new development project, operational planning across multiple functions is critical for ensuring pipeline infrastructure and gathering lines are in place prior to the production phase. Whenever feasible, we install lease automated custody transfer (LACT) units to connect crude oil directly to gathering pipelines. Companywide, more than 90% of our crude oil production is transported via pipeline to regional refineries and key marketing hubs. Benefits of reduced truck transport include:
- Decreasing venting from hatches during loading
- Eliminating tailpipe emissions during transport
- Reducing traffic accidents which protect drivers and minimizes spill risk