Oil and Gas Climate Initiative logo
Oil and Gas Climate Initiative logo

Highlights

OGCI member companies' total oil and gas production in 20221

0

Mboe/day

0 %
of global output2
0 %
of global greenhouse gas emissions3
CO2 icon

OGCI members' total upstream greenhouse gas emissions reductions in 2022 vs 20174

carbon intensity
- 0 %
absolute methane emissions
- 0 %
flaring of greenhouse gas emissions
- 0 %

OGCI member companies' total low-carbon investment5

total in 2022
$ 0 bn
2022 vs 2021
+ 0 %
total since 2017
$ 0 bn

CCUS hubs in 2022 with OGCI member involvement

0
hubs with OGCI members involvement6
~ 0 mt
of CO2/year potentially stored by 2030 from OGCI member projects7
  1. OGCI Performance Data
  2. On an operated basis. Provisional estimate of global oil and gas production of roughly 162 Mboe/day in 2022, based on IEA indicators for oil supply of 94.8 Mboe/day and global natural gas production of 67.3 Mboe/day. IEA January Oil Market Report; IEA 2023 Gas Market Report Q1 
  3. Using latest 2021 data from UNEP’s Emissions Gap Report for 2022. 2021 data for total GHG emissions excluding LULUCF is 52.8GtCO2e
  4. Operated. OGCI Performance Data
  5. Includes investment, acquisitions and R&D.
  6. CCUS Hub 
  7. Based on reported CCUS projects which average 7.5-10 mt each. See CCUS Hub