OXFORD, U.K. - eTradeWire -- Capterio and Mirico today announced a strategic collaboration that brings together two complementary technologies to help oil and gas operators reduce flaring, improve operational performance, and accelerate flaring and methane emissions mitigation.

The collaboration combines Capterio's globally recognised satellite-based flare monitoring platform "FlareIntel" with Mirico's advanced laser scanning methane detection technology, creating a unique top-down and bottom-up monitoring solution for the energy industry.

Capterio tracks every flare for every asset, every day, using satellite data and proprietary analytics to provide operators and governments with unparalleled visibility into flaring activity worldwide. The company helps clients identify opportunities to reduce flaring, improve operational efficiency, and prioritise mitigation solutions.

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Mirico's continuous monitoring technology combines next-generation optical sensing with cutting edge gas modelling, to reshape methane emissions management across the oil and gas value chain. Its systems continuously scan entire sites with a single sensor, delivering real-time insights, detecting methane emissions rates down to below 0.5 kg/hr.

Together, the two British companies, will offer clients an integrated capability spanning global satellite surveillance through to continuous on-site emissions monitoring. The combined approach delivers a powerful and differentiated solution for companies seeking to improve emissions transparency, operational excellence, regulatory compliance, and decarbonisation performance.

"We are delighted to collaborate with Mirico to bring together two highly complementary technologies", said Mark Davis, CEO of Capterio. "By combining continuous facility-level methane monitoring with our global flare intelligence platform, we can provide clients with an unprecedented level of operational visibility — from space to site level. This partnership represents a major step forward in helping operators rapidly identify issues, prioritise interventions, reduce emissions, and demonstrate measurable progress toward their environmental goals".

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Stuart Bonthron, CEO of Mirico, said: "This unique collaboration creates a uniquely comprehensive emissions intelligence offering for the energy industry. Mirico's continuous methane monitoring technology already provides operators with high-frequency, highly sensitive detection capabilities on the ground. When integrated with Capterio's global flare tracking and analytics, clients gain a far more complete understanding of emissions performance across their operations. Together, we can help operators move from reactive management toward proactive emissions reduction that helps them to meet their commitments and regulatory requirements".

The companies expect the collaboration to support operators, regulators, and national oil companies in improving transparency, reducing emissions, and advancing energy transition objectives across upstream oil and gas operations globally.

http://www.mirico.com
http://www.capterio.com