Buyers’, investors’ and others’ growing demands for carbon-lite fuels and ESG in operations have U.S. gas producers and shippers stepping up to differentiate themselves from peers. The prize may be a higher price per Mcf for their products. Or it may simply mean continued existence.
EQT will seek to produce “responsibly sourced natural gas” from select wellpads by using continuous methane emission monitoring devices provided by pilot partner Project Canary.
EQT CEO Rob McNally told Reuters the Rice lawsuit was timed to distract the market from EQT’s first-quarter earnings, which he described as “a good set of results from the company.”