Montrose Selected By Energy Major to Deliver Methane Monitoring at Scale
Montrose Environmental Group (NYSE: MEG) has secured a significant contract with a multinational energy company for emissions monitoring across multiple U.S. operating basins. The project, valued at over $3 million for 2025, involves deploying advanced optical gas imaging and engineering-driven inspection techniques.
The company's methodology has demonstrated approximately 60% reduction in reported emissions compared to default EPA factors. Montrose's approach combines software solutions, field teams, and in-house regulatory expertise to help clients optimize regulatory reporting and align with global frameworks like OGMP 2.0.
The initiative aims to generate site-specific emissions data, enabling more accurate emissions inventories while improving operational decision-making, cost reduction, and employee safety.
Montrose Environmental Group (NYSE: MEG) ha ottenuto un contratto significativo con una multinazionale dell'energia per il monitoraggio delle emissioni in diversi bacini operativi negli Stati Uniti. Il progetto, del valore di oltre 3 milioni di dollari per il 2025, prevede l'implementazione di tecniche avanzate di imaging ottico del gas e ispezioni guidate dall'ingegneria.
La metodologia dell'azienda ha dimostrato una riduzione di circa 60% delle emissioni riportate rispetto ai fattori standard dell'EPA. L'approccio di Montrose combina soluzioni software, squadre sul campo e competenze normative interne per aiutare i clienti a ottimizzare la reportistica normativa e allinearsi a framework globali come OGMP 2.0.
L'iniziativa mira a generare dati sulle emissioni specifici per sito, consentendo inventari delle emissioni più accurati, migliorando al contempo il processo decisionale operativo, la riduzione dei costi e la sicurezza dei dipendenti.
Montrose Environmental Group (NYSE: MEG) ha conseguido un contrato significativo con una empresa multinacional de energía para el monitoreo de emisiones en múltiples cuencas operativas en EE. UU. El proyecto, valorado en más de 3 millones de dólares para 2025, implica el despliegue de técnicas avanzadas de imagenología óptica de gases e inspecciones impulsadas por la ingeniería.
La metodología de la empresa ha demostrado una reducción de aproximadamente 60% en las emisiones reportadas en comparación con los factores estándar de la EPA. El enfoque de Montrose combina soluciones de software, equipos de campo y experiencia regulatoria interna para ayudar a los clientes a optimizar los informes regulatorios y alinearse con marcos globales como OGMP 2.0.
La iniciativa tiene como objetivo generar datos de emisiones específicos del sitio, permitiendo inventarios de emisiones más precisos, al tiempo que mejora la toma de decisiones operativas, la reducción de costos y la seguridad de los empleados.
Montrose Environmental Group (NYSE: MEG)는 다국적 에너지 회사와 미국의 여러 운영 유역에서 배출 모니터링을 위한 중요한 계약을 체결했습니다. 이 프로젝트는 2025년을 위해 300만 달러 이상의 가치를 가지며, 고급 광학 가스 이미징 및 엔지니어링 주도 검사 기술을 배치하는 것을 포함합니다.
회사의 방법론은 EPA 기본 요소에 비해 약 60%의 보고된 배출량 감소를 보여주었습니다. Montrose의 접근 방식은 소프트웨어 솔루션, 현장 팀 및 내부 규제 전문성을 결합하여 고객이 규제 보고를 최적화하고 OGMP 2.0과 같은 글로벌 프레임워크에 맞출 수 있도록 돕습니다.
이 이니셔티브는 사이트별 배출 데이터를 생성하여 보다 정확한 배출 목록을 가능하게 하고, 운영 의사 결정, 비용 절감 및 직원 안전을 개선하는 것을 목표로 합니다.
Montrose Environmental Group (NYSE: MEG) a obtenu un contrat significatif avec une entreprise multinationale de l'énergie pour le suivi des émissions dans plusieurs bassins d'exploitation aux États-Unis. Le projet, d'une valeur de plus de 3 millions de dollars pour 2025, implique le déploiement de techniques avancées d'imagerie optique des gaz et d'inspection guidée par l'ingénierie.
La méthodologie de l'entreprise a montré une réduction d'environ 60% des émissions déclarées par rapport aux facteurs par défaut de l'EPA. L'approche de Montrose combine des solutions logicielles, des équipes sur le terrain et une expertise réglementaire interne pour aider les clients à optimiser les rapports réglementaires et à s'aligner sur des cadres mondiaux tels que l'OGMP 2.0.
L'initiative vise à générer des données sur les émissions spécifiques au site, permettant des inventaires d'émissions plus précis tout en améliorant la prise de décision opérationnelle, la réduction des coûts et la sécurité des employés.
Montrose Environmental Group (NYSE: MEG) hat einen bedeutenden Vertrag mit einem multinationalen Energieunternehmen für die Emissionsüberwachung in mehreren Betriebseinheiten in den USA gesichert. Das Projekt, das mit über 3 Millionen Dollar für 2025 bewertet wird, umfasst den Einsatz fortschrittlicher optischer Gasbildgebung und ingenieurtechnischer Inspektionsmethoden.
Die Methodik des Unternehmens hat eine Reduzierung von etwa 60% der gemeldeten Emissionen im Vergleich zu den Standardfaktoren der EPA gezeigt. Montroses Ansatz kombiniert Softwarelösungen, Feldteams und interne regulatorische Expertise, um den Kunden zu helfen, die regulatorischen Berichte zu optimieren und sich an globale Rahmenwerke wie OGMP 2.0 anzupassen.
Die Initiative zielt darauf ab, standortspezifische Emissionsdaten zu generieren, die genauere Emissionsinventare ermöglichen und gleichzeitig die betriebliche Entscheidungsfindung, Kostensenkung und Mitarbeitersicherheit verbessern.
- Secured $3 million contract for 2025 with major energy company
- Technology demonstrates 60% reduction in reported emissions vs EPA factors
- Project spans multiple operating basins across three U.S. states
- None.
Insights
Montrose's $3 million contract with an unnamed multinational energy company represents a positive development in their emissions monitoring business. While modest relative to MEG's $427 million market cap (approximately
The deployment across multiple basins in three states demonstrates scalability of MEG's monitoring solutions. More importantly, the cited
This contract validates MEG's position at the intersection of energy production and environmental management, a crucial space as energy companies balance production demands with emission reduction goals. The mention of sustained demand from key clients indicates potential for recurring revenue streams and suggests MEG is successfully converting initial projects into ongoing relationships.
While a single contract doesn't transform MEG's outlook, it demonstrates continued commercial traction for their advanced monitoring solutions even amid regulatory uncertainty. The ability to win business from energy majors based on operational benefits rather than just compliance requirements speaks to a more sustainable business model that can withstand regulatory fluctuations.
This contract highlights the growing operational value proposition of advanced emissions monitoring beyond mere regulatory compliance. Energy majors increasingly recognize that precise emissions data delivers multiple benefits: more accurate reporting, improved operational decision-making, enhanced safety, and reputation protection.
The contract's emphasis on alignment with global voluntary frameworks like OGMP 2.0 indicates the client is positioning for international credibility in emissions reporting. This framework requires more rigorous measurement approaches than traditional EPA factors - precisely what MEG offers through its technical solution stack.
MEG's approach combining software, optical gas imaging, and engineering-driven inspection techniques represents the comprehensive monitoring package energy companies need for accurate emissions profiling. The
By generating site-specific data, MEG enables clients to potentially reduce compliance costs while simultaneously improving environmental performance - a rare win-win in the energy sector. The
"With energy security more critical than ever, this partnership proves that powering the world and protecting the planet are not mutually exclusive," said Vijay Manthripragada, President and CEO of Montrose Environmental Group. "Our field teams are deploying software, advanced optical gas imaging and engineering-driven inspection techniques to help clients minimize greenhouse gas emissions and reduce costs. Early results from these types of projects show an approximately
These efforts go beyond compliance. By generating site-specific emissions data, Montrose is helping the client optimize its regulatory reporting and align with global voluntary frameworks like OGMP 2.0. The result: more accurate emissions inventories that inform operational decision-making, reduce costs, improve employee safety, safeguard reputation, and accelerate progress toward the organization's broader goals.
With one of the largest air quality teams in
About Montrose
Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what's coming tomorrow. With ~3,410 employees across 120 locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, environmental emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com.
Forward‐Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "intend," "expect", and "may", and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2024, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.
Contact Information:
Investor Relations:
Adrianne D. Griffin
Senior Vice President, Investor Relations and Treasury
(949) 988-3383
ir@montrose-env.com
Media Relations:
Tammy Hovey
Director, Corporate Communications
(917) 520-2751
pr@montrose-env.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/montrose-selected-by-energy-major-to-deliver-methane-monitoring-at-scale-302426330.html
SOURCE Montrose Environmental Group, Inc.
FAQ
What is the value of Montrose Environmental Group's (MEG) new emissions monitoring contract?
How effective is MEG's emissions monitoring technology compared to EPA standards?
What geographical scope does MEG's new emissions monitoring project cover?
How does MEG's emissions monitoring system benefit energy companies?
What technologies does MEG use for emissions monitoring?
