Replay the full interview from S&P Global Commodity Insights LIVE here: [Live interview replay]
In this special Inside Track conversation hosted during CERAWeek, Puloli Director of Product Management Nick Pinto shares how Paradigm by Puloli is redefining methane monitoring with a validated, scalable, and fully managed Solution-as-a-Service.
Below is the Q&A format from the conversation.
Q: How does Puloli’s Paradigm M-Series™ improve methane monitoring and environmental impact?
A: With Paradigm M-Series™, we’ve truly redefined what continuous monitoring can bring to the energy industry, and we’ve introduced new levels of performance and service levels that our operators can rely on.
We’ve introduced the first continuous monitoring solution that provides validated, attestable, and auditable methane emissions data. We’ve introduced the first SLA-backed continuous monitoring solution. We’ve introduced this level of performance, that’s really never before seen in the industry, when it comes to probability of detection (PoD), false alarm rejection, quantification accuracy, and localization precision.
We stand behind the solution. Everything is SLA-backed. The impact of this is that we’ve introduced this model as a very cost-effective and scalable solution, so that operators finally have a validated source of methane emissions data that they can incorporate across their solution and really help to support their methane emissions reduction plan.
Q: How can Puloli’s IoT SaaS model enhance efficiency and sustainability in Oil & Gas?
A: The first thing to do is understand the notion of “SaaS” or Solution-as-a-Service.There are two key elements of that: the solution and the service itself. Our service provides the end-to-end system and support for the continuous monitoring solution. So, everything from our sensor deployment to our site design and maintenance to our actionable insights and delivery of the data. That is the service that we provide. The solution that customers are really leveraging in their plans is the methane emissions data. Any real methane reduction plan has to strike a balance between operationality and adopting progressive sustainability goals. In order to effectively carry out that plan, these are very data-centric and data-driven decisions, and those decisions really deserve the highest quality of methane emissions data. That is one element we have built into our Solution-as-a-Service or our SaaS model.
A nod to our deep tech industry roots, and it’s part of our whole philosophy; ultimately, our service level assurance that we provide with our solution.
Q: How has Puloli addressed concerns about methane monitoring reliability?
A: This is something we were cognizant of from the very beginning, and it’s one of the foundations of our entire development process with the Paradigm M-Series™. When you look at any kind of continuous monitoring solution for methane emissions, there are a lot of moving parts, at a lot of different stages, and a very intricate process of quantifying methane emissions. Any time uncertainty is introduced at any one stage, it gets compounded at the next. Our whole development philosophy when it comes to the M-Series is all about mitigating and removing uncertainty at every step of the process. That goes towards our selection of our different sensor technologies, how we do our site analysis for sensor placement, or even with our communications protocol, our quantification, and atmospheric modeling. They’ve all been developed in the spirit of mitigating or removing uncertainty. One of the things we’ve embraced is that the only way to truly protect ourselves from external sources of uncertainty is by managing the entire system. So, Puloli takes ownership, fully end-to-end, everything from our own people on the ground installing, to our sensors that we developed, and hardware.
We’ll even go as far as deploying our own private cellular network to maintain data reliability and integrity.
That is what we brought to the market with our Paradigm M-Series™. We stand behind that with very extensive testing that we’ve done internally and with third-party authorities.
Q: How do Puloli’s test results boost trust in its methane monitoring?
A: It’s best to first describe service levels. So, when we look at the Paradigm M-Series™, the service levels that we offer, there’s a wide range of different performance metrics based on probability of detection, false alarm rejection, data reliability, and data security. One thing that we’ve done to both shape our different service levels that we offer and as well as test, is that we’ve built our own continuous release testing site, where we’re able to deploy different configurations of our system, we’re able to test different types of leak profiles and understand exactlywhat any type of configuration of our system based on the number of sensors, based on site complexity to really know what kind of performance that we’re going to expect. Then, to follow that up, we’ve essentially invited all of the major authorities from both industry and academia to do third-party testing and validation of our performance. To come up with another nod to our deep tech industry roots is that we’ve incorporated an SLA, a service level agreement, that essentially underwrites all of our contracts. Whenever there’s a new deployment or you have an asset base with our system deployed, our contract will essentially state what kind of performance levels the customers should expect, and we stand behind that guarantee with our contract.
Q: How will Puloli’s investments drive growth in methane monitoring?
A: Let me start by saying that our investors bring much more to the table than just funding. They bring a wealth of knowledge and insight from across the industries, all the way from the Houston Energy Corridor all the way to Silicon Valley. They really help us to garner us into the introduction in the methane emissions space. The investments we’ve secured have helped not only to boost our ability to develop more unique solutions but also expand our capacity and reach to the point where we can now provide the solution for new customers in different regions, different basins. I’m happy to say that we are currently deploying the solution, as we speak. It speaks volumes of not only our solution itself but also the support and trust in the emission reduction space as a whole. This is a strategic initiative that customers are going to continue to adopt and continue to develop new strategies to reduce their overall methane emissions. Those technologies we’ve developed are important to note, as it is certainly a methane emissions solution. We’ve essentially developed a core technology that is then expandable to other types of goals and industries across the world.
