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Environmental

Environmental

Our focus is delivering natural gas and natural gas liquids to meet the world’s growing demand for cleaner energy in an efficient and responsible manner. Our dedication to responsible environmental stewardship drives us to incorporate environmental considerations across all facets of our operations and business decision-making. Our Environmental, Safety, and Health (ES&H) Policy serves as the cornerstone of our efforts, reaffirming our commitment to safeguarding the environment.

2022 Performance Highlights

Environmental Highlights

Highlights represent 2022 performance over base year of 2021.

 

GHG Reduction Commitments and Goals

Since 2000, Targa has been a member company of the Environmental Protection Agency (EPA) Natural Gas STAR Program, a voluntary partnership between the EPA and oil and gas companies to reduce methane emissions.

Greenhouse Gas Emissions Targets and Goals by 2025:

  • Reducing our methane intensity to 0.08% for our gathering and boosting segment
  • Reducing our methane intensity to 0.11% for our processing segment

In addition to methane intensity, we are focused on reducing flaring from our operations and helping our exploration and production (E&P) partners and downstream customers meet their flaring and GHG intensity targets.

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Environmental Management

We use a system of management policies, work practices, and controls, including automated permit compliance tracking, facility monitoring and reporting programs, compliance audits, and training. Our corporate environmental subject matter experts keep these policies and practices up to date, while our field environmental specialists work with other functional groups across Targa, including engineering, construction, and operations, to oversee their implementation.

Methane Management Plan

We have long been committed to industry collaboration and innovative solutions to reduce methane loss. These collaborative and sustained efforts have informed our methane management plan, which centers around the utilization of various detection technologies to effectively identify methane leaks and the continued implementation of robust maintenance and equipment reliability programs.

Our Approach to Reducing Flared Volumes

As a responsible operator, we take a proactive approach to mitigating flaring incidents. Through a  combination of strategic planning, collaboration, strong asset integrity and maintenance programs, and effective combustion techniques, we aim to reduce flared volumes while maintaining the safety and integrity of our operations. Flaring, when it occurs, is predominantly for safety reasons such as relieving pressure during unplanned events such as third-party outages, weather, unplanned  maintenance, or other unexpected operational upsets.

Low Carbon Energy Ventures

Our Low Carbon Energy Ventures team is responsible for business development opportunities on alternative and emerging energy solutions that support our midstream operations. The team is actively working on carbon capture and sequestration projects, pursuing economic renewable energy projects and partnerships, and working with industry peers to evaluate options for hydrogen fuels.

Since 2016, we have sequestered an average of nearly 160,000 metric tons of CO2 per year as part of our operation of six acid gas injection (AGI) wells, for a total of nearly 1.1 million metric tons of CO2 between 2016 and 2022.

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