The purpose of the Bluesource Methane Reduction Program “the Program”, is to assist oil and gas companies to efficiently and quickly meet increasingly stringent methane venting control requirements established by both Environment and Climate Change Canada (ECCC) and the Alberta Energy Regulator (AER) by replacing existing high-bleed equipment. The Program will play an important role in helping Alberta and Canada meet the Federal government’s objective of a 45% reduction in vented methane emissions from the oil and gas sector by 2025. The Program’s objective is to retrofit approximately 7,000 high bleed pneumatic controllers with newer low bleed equivalents over the next two years. The Program is comprised of four registered Project Pools that cover the installation of transducers, pressure and level controllers that occur during a discreet installation period. This Project pool is an aggregation of installations that are performed during the third calendar quarter.