LongPath Technologies offers continuous emissions monitoring solutions using methane-hunting laser technology to provide real-time, quantitative data on methane emissions across the oil and gas supply chain. This technology enables operators to detect leaks with high precision, reduce unintentional product loss, and comply with environmental regulations, ultimately enhancing asset value and sustainability performance.
Funding
$35M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Oil and gas companies face challenges in accurately and continuously monitoring methane emissions across their operations, leading to unintentional product loss, regulatory compliance issues, and difficulty in achieving sustainability targets. Traditional methods often lack the precision and real-time data needed for effective leak detection and mitigation.
Solution
LongPath Technologies provides continuous emissions monitoring solutions using methane-hunting laser technology, delivering real-time, quantitative data on methane emissions across the oil and gas supply chain. Their line sensors offer full asset coverage, adapting to various asset types and basins, and have been third-party blind tested and peer-reviewed for accuracy. This technology enables operators to detect leaks with high precision, reduce unintentional product loss, comply with environmental regulations, enhance asset value, and improve sustainability performance by providing tangible proof of target attainment. The system offers active overwatch protection, covering all equipment, including tanks and flares, with a low error rate and zero false positives in standardized tests.
Target Audience
The primary customers are oil and gas operators seeking to improve methane emissions monitoring, reduce product loss, ensure regulatory compliance, and enhance sustainability performance.
Features
- Continuous line sensors providing real-time, quantitative emission rate data.
- Full asset coverage adaptable to various asset types and basins.
- High precision and accuracy in quantifying emissions with at least 97% sensor uptime.
- Active overwatch protection from third-party flyovers, covering all equipment including tanks and flares.
- Low error rate with zero false positives in standardized tests (METEC).
- Noise-free, actionable data for reliable data quality.
- Developed by a team of scientists, engineers, and physicists with years of R&D.