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Drilling Down on Methane Loss

RMI and Purvis Advisors Reveal Underreported Methane Waste in Texas Oil & Gas Sector. RMI and Purvis Advisors developed and deployed a data-correction methodology to assess self-reported oil and gas production data in Texas. Their 2024 analysis estimates that actual gas waste is 3 to 4.5 times higher than operators reported, highlighting significant underreported methane emissions and lost economic value.