US supermajor Chevron has received Platinum and Gold level certification from Project Canary on domestic natural gas assets in Texas and Colorado as part of efforts to bring responsibly sourced gas (RSG) to market.
The site-level certification process awarded 82 wells Platinum status and three wells Gold status, which the company said are the highest ratings.
Project Canary, a Colorado-based climate technology company, assesses facilities on emissions and other environmental, social and governance criteria so buyers can better understand the environmental responsibility of the gas.
Chevron plans to market the certified gas from the five sites in the Permian and Denver-Julesburg basins in the second half of 2022.
“This certification is an important milestone in our journey to deliver affordable, reliable ever-cleaner energy to a growing world. Chevron deploys several technologies to detect and measure methane emissions and certified responsibly sourced gas is part of our broader commitment to lowering the carbon emissions intensity of our operations,” Chevron president North America exploration and production Steve Green said.
“In addition to demonstrating transparency, an independent assessment provides validation of our current practices and insights to inform and shape how we continue to achieve our lower carbon aspirations.”
Certified gas is making moves in the US, primarily in pure gas plays, but the market is dipping into Permian certification. ExxonMobil recently received an A grade from MiQ, another certification company, at its Poker Lake facilities in the Permian.
“The results of our independent assessment and certification of Chevron’s operations in the Permian and DJ basins demonstrate strong performance across its operating assets, positioning Chevron in the fast-emerging markets for differentiated gas,” Project Canary chief executive and co-founder Chris Romer said.
“Buyers of RSG certified by Project Canary can have confidence that each producing well has been reviewed and verified for aspects of Chevron’s environmental and social performance.”
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