Emissions Reduction: Reporting

Gran Tierra Energy’s environmental policy calls for the Company to track its greenhouse gas (GHG) emissions and take steps to reduce them wherever economically feasible.

Since 2016, Gran Tierra has voluntarily retained a respected expert in the field of air quality, to create an assessment of its greenhouse gas emissions in Colombia. This assessment involves collecting, analyzing and quantifying annual air emissions data from GTE’s operations. It was conducted according to the guidelines and standards adopted by the following organizations: International Petroleum Industry Environmental Conservation Association (IPIECA), International Association of Oil and Gas Producers (IOGP), American Petroleum Industry (API), U.S. Environmental Protection Agency (EPA), Canadian Association of Petroleum Producers (CAPP) and Intergovernmental Panel on Climate Change (IPCC). Since 2016, the Company has also reported to the Carbon Disclosure Project.

An updated assessment using 2022 air emissions data has been released. View the Greenhouse Gas & Air Quality Report here.

Electrical Power Use

In 2022, 69% of the total energy used in Gran Tierra’s total operations was generated through the Gas-to-Power projects. GTE’s energy consumption from the municipal grid has decreased by 50% since 2018. The Company continues to develop Gas-to-Power projects to decrease its use of electrical power from the local grid.

FIELD GAS-TO-POWER (kWh) GAS USED (scf) SAVINGS (USD)1
COSTAYACO2 79,562,938 649,779,000 $884,033
MOQUETA3 219,785 2,716,740 $28,377
ACORDIONERO4 98,736,770 1,235,245,205 $17,421,555
MONO ARAÑA5 799,403 14,820,920 $59,333
VONU6 10,937,911 76,350,700 $862,880
LOS ANGELES7 374,004 6,962,115 $37,224
COHEMBI8 6,545,995 53,524 $82,916
JUGLAR9 197,473 2,853 $9,830
View Footnotes

1) TRM=$USD 4,500.

2) Savings calculated from gas generation Vs National Power Grid 402-352=50 COP/kWh (0,01111 USD/kWh).

3) Savings calculated from gas generation cost 581 COP/kWh (0,1291). In 2022, MQT G2P is exclusively used as generation support when occurs a failure in the national grid. For that reason there is not a cost associated to G2P.

4) Savings calculated from gas generation Vs Diesel generation 942-148=794 COP/kWh (0, 1764 USD/kWh).

5) Savings calculated from gas generation Vs Diesel generation 967-633=334 COP/kWh (0,0742USD/kWh).

6) Savings calculated from gas generation Vs Diesel generation 757-402=355 COP/kWh (0,0789USD/kWh).

7) Savings calculated from gas generation Vs Diesel generation 863-369=494 COP/kWh (0,1098USD/kWh).

8) Savings calculated from gas generation Vs Diesel generation 869-812=57 COP/kWh (0,0012USD/kWh).

9) Savings calculated from gas generation Vs National Power Grid 707-483=224 COP/kWh (0,0498USD/kWh).

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