Name
Ventmedic
Description
Ventmedic Corp. (VMC) is a company specializing in advanced methane emissions management technology for the oil and gas (O&G) industry. With over 25 years of experience in the sector, VMC emerged from Surface Solutions Inc., a respected O&G service provider that was established in 1999.
Ventmedic Corp. is leading the way with its digital Measurement, Reporting, and Verification (d-MRV) technology. This innovative solution offers unprecedented accuracy and transparency, significantly enhancing methane emissions quantification and surpassing traditional measurement methods. VENTMEDIC® technology represents the company’s commitment to supporting environmentally conscious producers who aim to exceed regulatory standards. VENTMEDiC® technology was initially born in 2015 out of a vision to address an overlooked technological gap in emissions monitoring of inactive O&G wells.
Key attributes for the Orphan, Idle, and Marginal well client:
· Validation of wellbore repairs — Verifying and documenting the effectiveness of repair attempts made ensures that issues such as leaks, structural integrity problems, or other failures, are properly addressed. This helps prevent future failures that could lead to new leaks, blowouts, or groundwater contamination. VENTMEDiC® has the highest sensitivity to detect and quantify gas leaks before and after repair attempts to validate the repair more effectively than any other technology.
· Verifying emissions data for carbon credits registries — VENTMEDiC provides precise measurements of GHG emissions, which form the basis for carbon credit calculations. Continuous data collection by the technology helps ensure the accuracy and reliability of the emissions data. Blockchain integration ensures the traceability and integrity of the emissions data and carbon credits. Verification ensures that the reported emissions reductions are real, measurable, and additional. This maintains the credibility and integrity of the carbon offset market, which is essential for its continued functioning and growth. Verified mass flow data is necessary for compliance with regulatory requirements in carbon markets.
Ventmedic Corp. is leading the way with its digital Measurement, Reporting, and Verification (d-MRV) technology. This innovative solution offers unprecedented accuracy and transparency, significantly enhancing methane emissions quantification and surpassing traditional measurement methods. VENTMEDIC® technology represents the company’s commitment to supporting environmentally conscious producers who aim to exceed regulatory standards. VENTMEDiC® technology was initially born in 2015 out of a vision to address an overlooked technological gap in emissions monitoring of inactive O&G wells.
Key attributes for the Orphan, Idle, and Marginal well client:
· Validation of wellbore repairs — Verifying and documenting the effectiveness of repair attempts made ensures that issues such as leaks, structural integrity problems, or other failures, are properly addressed. This helps prevent future failures that could lead to new leaks, blowouts, or groundwater contamination. VENTMEDiC® has the highest sensitivity to detect and quantify gas leaks before and after repair attempts to validate the repair more effectively than any other technology.
· Verifying emissions data for carbon credits registries — VENTMEDiC provides precise measurements of GHG emissions, which form the basis for carbon credit calculations. Continuous data collection by the technology helps ensure the accuracy and reliability of the emissions data. Blockchain integration ensures the traceability and integrity of the emissions data and carbon credits. Verification ensures that the reported emissions reductions are real, measurable, and additional. This maintains the credibility and integrity of the carbon offset market, which is essential for its continued functioning and growth. Verified mass flow data is necessary for compliance with regulatory requirements in carbon markets.
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