PEP Library
Commentaries

Subpart W Rule Out Early… Now What Do We Do?

Full Post
The finalized "Revisions and Confidentiality Determinations for Petroleum and Natural Gas Systems" rule introduces new emission sources and calculation options effective January 1, 2025, requiring Subpart W reporters to adjust their reporting strategies—contact Pickering Energy Partners for expert guidance on navigating these changes.

The ruling on “Revisions and Confidentiality Determinations for Petroleum and Natural Gas Systems” has been finalized effective January 1, 2025, and once published in the Federal Register, will trigger a few amendments effective 60 days later. As anticipated based on the proposed Subpart W rule, EPA has followed through on adding several new emission sources including other large release events, produced water storage tanks, nitrogen removal units, drilling mud degassing, and crankcase venting. There will also be the expected change to disaggregate basin-level facilities down to the well pad or gathering and boosting sites. In terms of additional calculation methodologies and empirical data as an alternative to population factors, reporters will have the option to choose what they use - even in 2024 reporting. This applies to equipment leaks, combustion slip, crankcase venting, associated gas, compressors, and pneumatics. Thankfully, this latest rule aligns with the Quad O rule on methods for direct emissions measurement.  

Based on comments received, there are some proposed changes that have been tabled for now with a caveat that they may surface again when the proposed “Waste Emission Charge” is finalized [August 2024 at the latest]. For example, prescriptive requirements initially proposed to determine flow and composition of gas routed to flares have been removed. Additionally, the proposed separate large emission threshold of 250 mt CO2e per event has been deemed duplicative of the 100 kg/hr threshold and therefore removed. Overall, the rule has been released somewhat earlier than expected giving Subpart W reporters about six months to digest and implement the best plan for reporting 2024 data and assessing what 2025 will, or perhaps better said, can, look like.

Please reach out to our Consulting team at Pickering Energy Partners to discuss how we can help at PEPSimple.com

Subpart W Rule Out Early… Now What Do We Do?

Timeframe

Add to calendar

Location

No items found.

Connect

No items found.

Sponsored

PEP Library

Explore Our Latest Insights

Visit page
Visit Library post
Dan Pickering, Founder & CIO from Pickering Energy Partners, joins CNBC’s Dan Murphy to talk oil prices, and he says OPEC will win the market share war.
Visit page
Visit Library post
Rebound Month. The market turned up hard and energy followed
Visit page
Visit Library post
What if our path to energy decarbonization and global energy dominance didn’t rely on more rules, more penalties, and more government overreach, but instead on competition, transparency, and financial reward?
Visit page
Visit Library post
The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.
Visit page
Visit Library post
OPEC is pumping, and shale producers are pulling up rigs. Our experts see plenty of opportunities in the sector’s upheaval.
Visit page
Visit Library post
Dan Pickering joins stateside with CNBC Asia
Visit page
Visit Library post
BP’s falling share price has sparked takeover interest from global rivals eyeing its undervalued assets, risking the end of its 116-year independence.
Visit page
Visit Library post
The talented individuals who make up Hart Energy’s 2025 Forty Under 40 honorees represent a diverse set of disciplines.
Visit page
Visit Library post
Why BEV market share—not sales volume—matters most for EU CO₂ targets amid stricter rules, stalled growth, and industry-wide compliance challenges.
Visit page
Visit Library post
A rough month. Energy was the worst subsector in an incredibly choppy market.
Visit page
Visit Library post
Matador Resources is cutting 2025 drilling plans and capital spending by $100 million amid lower oil prices, while keeping flexibility to adjust production and rig count based on market conditions.
Visit page
Visit Library post
Despite plunging oil prices and investor jitters, seasoned energy investors remain cautiously optimistic, seeing long-term value as Trump pushes for energy dominance and OPEC raises supply.
Visit page
Visit Library post
U.S. tech giants are driving a global shift in climate compliance, pressuring energy and manufacturing sectors to meet stricter European sustainability standards.
Visit page
Visit Library post
Join hosts Josh Lowrey and Dan Pickering on the Energy In Transition Podcast, the premier voice for all things related to the energy transition..
Visit page
Visit Library post
Despite Energy Secretary Chris Wright’s assurances of a Trump-era “green light” for U.S. oil production, the sharp decline in Liberty Energy and oilfield service stocks signals deeper trouble for the shale industry amid weak crude prices, trade tensions, and dwindling demand.

Upcoming Events

Sept. 29 - Oct. 1 | Austin, TX
Visit page
Ready to get started?
Contact our specialized teams at PEP for more information.