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Here are #methane details:

- $850M to EPA for methane monitoring/mitigation
- Fee at $900/t in 2024 going up to $1500/t in 2026.
- EPA methane regs compliant facilities exempt if equivalence can be demonstrated
- EPA required to update inventory estimates in 2 years
Here's the thing:

$900/t CH4 in 2024 is ~$17/mcf of gas, roughly 2x current Henry Hub price. That's a strong incentive for #methane reductions.

$1500/t CH4 is ~$29/mcf. These high prices will incentivize operational changes (e.g., switch gas engines to electric drive motors).
Fees applied to emissions intensities over:
- Production: 0.2% of gas, 10 mt/mbbl of oil
- Transmission: 0.11%
- LNG & other facilities: 0.05%

Only facilities reporting to EPA (>25000 mt CO2e/year emissions) will be subject to #methane fees.
Read 8 tweets
🎖 Oracle Autonomous Database 2019 #Certified Specialist
🔗 Acclaim Badge: lnkd.in/dACZRsF 1/2
🔖 Exam No: 1Z0-931-20
🔖 Duration: 85 mins
🔖 No of questions: 60
🔖 Passing score: 65%
🔖 Cert validity: 18 months
🔗 Exam details: lnkd.in/dAYyXGM 2/3
💡 Skills I learned & validated from this exam:
- Features & workflows
- Managing it using Rest APIs & CLI
- Monitoring & Migration in AD
- Data Pump & Golden Gate 3/4
Read 7 tweets

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