Major Announcements on Methane

EQT and Chesapeake: Major Announcements on Methane

Gerson Freitas Jr. (April 18): EQT, which pumps more gas than any other U.S. driller, is supporting Congressional resolutions condemning last year’s rollback of Obama-era limits on methane emissions from new oil and gas wells… Hours earlier, EQT announced “its commitment to seek independent certification of a majority of its produced natural gas under certification standards developed by Equitable Origin and MiQ.

The certification process is expected to commence this month, and it is anticipated that certification from Equitable Origin and MiQ will be obtained later this year… Equitable Origin and MiQ will oversee an independent, third-party audited assessment of EQT’s natural gas production from the selected well pads focusing on environmental, social and governance (ESG) performance, including methane emissions.”

Chesapeake Energy announced plans earlier this week for third-party certification [by Project Canary] of two well pads “as responsibly sourced.” The initiative involves installing emission-monitoring gear at wells sites in Pennsylvania and Louisiana.

Link to EQT Release | Link to Chesapeake Story