Instrumental in moving the energy sector faster towards Net Zero
Stepwise has provided us with contextualized emission insights and expert analysis active across several rigs. This sets us up with the information and capabilities to work with our clients in pursuit of sustainable reductions in operational emissions while continuing to deliver industry-leading performance.
Our collaboration with Stepwise aligns with our sustainability strategy for managing and controlling emission reduction in our drilling operations. The partnership has assisted us in meeting our environmental targets and setting the pace for the industry.
It’s critical for us to prove and show our stakeholders and investors the factual carbon reduction we have made through active management of carbon intensive assets/investment. This is the tool to avoid the “green washing” in our industry.
We are committed to The North Sea Transition Deal (NSTD) and are playing our part to halve emissions by 2030. Our Emissions Reduction Group is set to work on meeting this challenge. Stepwise is assisting us on this journey. They have enabled us to set emission baselines for our planned well operations and monitor and report offshore operations emissions against these for several UK Northern North Sea fields.
Stepwise has allowed us to reliably measure the emission intensity of our wells across our global operations. The digitalisation, as well as the API integration with other software, has made the process seamless and supported our standardisation efforts. This, in turn, will enable us to compare different assets in different geographies, share lessons learned and recommended ERIs by the Stepwise subject matter experts, and confidently plan future wells or field developments based on a calculated and auditable carbon footprint.
Why the energy sector needs a standardised approach to reporting emission data.
Globally, the push for Net Zero emissions is reshaping the economy, guiding investments towards cleaner, resilient futures. The energy sector, key to this shift, is working to slash carbon emissions to meet climate goals and mitigate climate change impacts.
Amidst stricter legislation and the need for clear emission baselines, organisations are navigating new challenges in sustainability and compliance, underscoring the importance of a strategic approach to carbon reduction.
As regulations evolve, the importance of robust, consistent, and transparent ESG reporting is critical. Governments expect collaboration and transparency to ensure coherent and timely ESG data is reported.
The industry faces a challenge concerning inconsistent and non-standardised ESG data. There is a current lack of context, quality and completeness.
This emerging landscape presents both risks and opportunities that organisations must be aware of to remain compliant, competitive and transparent.
Investment interest will be significantly impacted by ESG factors.
As the world transitions to a lower carbon future, investors are increasingly looking for companies that are committed to reducing their environmental impact. Companies that have a clear emission reduction strategy are more likely to be seen as good investment opportunities, as they are less likely to be impacted by climate change regulations and consumer preferences.
There is a growing consumer sentiment and demand for lower emissions.
This is being driven by a variety of factors, including increasing awareness of climate change and its impacts, government regulations, and changing consumer preferences. As a result, companies that are able to demonstrate a commitment to reducing their emissions are more likely to be successful in the marketplace.
Understand your emission baseline and continuously improve.
Our process
Our Stepwise SaaS application integrates data automatically for all assets, including plans, materials, vessels, and helicopters. This process incorporates historical benchmarks and client-specified goals. You will collaborate closely with a dedicated Stepwise SME to ensure a smooth and effective integration.
The cycle loops and starts again.
Why Stepwise?
Expert guidance
Visionary leadership
Questions?
1. Set-up an instance of the cloud-based application: Stepwise is a cloud-based platform designed for planning and budgeting emissions for offshore oil/gas operations and floating production units.
3. Planning operations: We enter the details for all phases of the operation, including drilling sections. Select energy-reducing initiatives relevant to each phase. Include scope 2 (external energy) and scope 3 (supply vessels, helicopters, and materials for the well) data.
4. Data integration: Scope 1 (asset) data is automatically retrieved from Kongsberg K-IMS, while other data is manually inputted.
2. Baseline creation: We start by creating a baseline for emissions. This is done by synchronising historical data from previous operations and completed wells to find average emission values based on the asset’s mode and operational phase.
6. Monitor operations: During the operation, the system measures the actual energy consumption and calculates emissions. These measured values are then compared to the target values and baseline, presented in both graphical and tabular formats.
5. Continuous improvements: Stepwise supports continuous improvement with regular business reviews. We identify opportunities for further reduction, implement energy-saving initiatives, and stay ahead of regulatory changes.
Stepwise integrates seamlessly with a wide range of industry-leading tools and services, with additional API connections currently under development.
We have established API connections across various work processes, including well calculations, well execution, and reporting. Our platform supports data integration from leading suppliers such as Oliasoft, iQx, Keystone, Kabal, Horizon 56, VPS, and NEMS, among others, with further integrations in production and planned for the future.
Our solution offers comprehensive monitoring and reporting on various emission and energy costs, including:
• CO2 (Carbon Dioxide) (Te)
• CO2 Tax (USD)
• NOx (Nitrogen Oxides) (kg)
• NOx Tax (USD)
• Fuel (m3)
• Fuel Cost (USD)
These metrics are categorised under Scope 1, 2, and 3 emissions, with Scope 4 currently in development.
Ensuring compliance with current and future standards is a core aspect of our service at Stepwise. We employ a comprehensive approach that includes working closely with regulatory authorities, acting as an advisor on both mandatory and voluntary emission legislation, and adhering to globally recognised frameworks and standards, including ISO standards such as ISO 50001. Here’s how we do it:
1. Collaboration with authorities
We maintain ongoing relationships with regulatory bodies to stay informed about the latest and upcoming regulations in the energy sector. This allows us to adapt our solutions promptly to meet new compliance requirements.
2. Advisory role on legislation and frameworks
Our SMEs provide guidance on both mandatory and voluntary emission legislation, ensuring that your operations align with the necessary legal requirements. We cover a wide range of global frameworks which can be accessed here.
3. ISO standards compliance
We integrate ISO standards, such as ISO 50001 for energy management systems, into our solution. This ensures that your energy management practices meet the highest international standards for efficiency and compliance.
4. Comprehensive monitoring and reporting
Our platform continuously monitors and reports on your emissions and energy use, providing detailed insights and documentation needed for compliance. This includes real-time tracking of CO2 and NOx emissions, fuel consumption, and associated costs.
5. Proactive updates
We proactively update our system to incorporate new regulations and standards as they emerge. This ensures that you are always ahead of compliance requirements and can avoid potential penalties.
6. Customised compliance solutions
We tailor our compliance solutions to fit the specific needs of your operations, taking into account local, national, and international regulations. Our goal is to simplify the compliance process and reduce the administrative burden on your team.
By leveraging our expertise and advanced technology, Stepwise ensures that your operations not only comply with current standards but are also prepared for future regulatory changes. This comprehensive approach helps you achieve sustainable operations while minimizing risk and maximizing efficiency.
At Stepwise, we offer comprehensive support and training to ensure you get the most out of our solution. Here’s what you can expect:
1. Support portal and ticketing system
Our support portal provides access to a wealth of resources, including FAQs, user guides, and troubleshooting tips. You can also submit support tickets through our ticketing system for any specific issues or questions. Our dedicated support team is committed to providing timely and effective assistance.
2. Dedicated onboarding sessions
We provide personalised onboarding sessions conducted by our subject matter experts (SMEs). These sessions are designed to guide you through the initial setup and ensure that your team is fully equipped to use all the features of the Stepwise platform.
3. Customer success contacts
Each client is assigned a dedicated customer success contact. These contacts act as your primary point of contact, offering continuous support and advice to help you maximize the benefits of our solution. They work closely with you to ensure your ongoing success and address any evolving needs.
Our goal is to provide robust support and training to ensure you can effectively utilise Stepwise to achieve your sustainability and emission reduction goals.
Yes, we fully support and encourage pilot projects. Implementing a pilot project is an excellent way to experience the benefits of the Stepwise solution in a real-world setting before full-scale deployment.
By running a pilot project, you can test the functionality and effectiveness of Stepwise on a single rig, gaining valuable insights and making any necessary adjustments before a full-scale deployment.
Getting started with Stepwise is a straightforward process designed to ensure smooth integration and optimal results for your operations:
1. Schedule a product demo
Contact our sales team to schedule a personalised product demonstration. This will give you an in-depth overview of the Stepwise platform, its features, and how it can be tailored to meet your specific needs.
2. Define your data sources and access
Work with our SME team to identify and define the data sources required for your operations. This includes establishing connections with existing systems and ensuring seamless data integration for comprehensive monitoring and reporting.
3. Establish a pilot project
Set up a pilot project on a single rig to test the functionality and effectiveness of the Stepwise solution. This pilot will help you understand the practical benefits and make any necessary adjustments before a full-scale deployment.
4. Training and onboarding
Our team will provide training sessions for your staff to ensure they are proficient in using the Stepwise platform. We offer ongoing support to help you get the most out of our solution.
5. Full deployment
After a successful pilot project, we will assist you in scaling up the deployment across your operations. Continuous support and updates will be provided to ensure long-term collaboration and success.