Chesapeake Energy Corp. achieved recertification of its natural gas production across the entirety of its Marcellus operations, according to a July 17 press release.
In 2022, Chesapeake was the first to achieve MiQ and EO100 certification across two major basins. This year, the company earned an ‘A’ under the MiQ methane emissions standard and an ‘A-’ from Equitable Origin’s EO100 Standard for Responsible Energy Development.
The MiQ standard grades on an A to F scale according to methane intensity, company practices and the use of methane detection technology. Chesapeake was graded on its commitment to methane intensity reduction and its net zero emissions goal by 2035.
Equitable Origin gave Chesapeake a 95% or higher on five principles: corporate governance, transparency and ethics; human rights, social impacts and community investment; indigenous peoples' rights; fair labor and working conditions; and climate change, biodiversity and environmental impacts.
Chesapeake’s Marcellus natural gas operations averaged approximately 4.4 Bcf/d of gross natural gas in the first quarter of 2023. The company expects to obtain recertification of its Haynesville assets in December.
2023-11-28 - In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.
2023-11-27 - U.S. natural gas futures fell to a two-month low on Nov. 27, weighed down by record output while mild weather limited heating demand.
2023-11-27 - Prices tumbled midweek when OPEC+ postponed to Nov. 30 a ministerial meeting to iron out differences on production targets for African producers.
2023-11-27 - As Hart Energy commemorates its 50th anniversary in the December issue of Oil and Gas Investor, Hart looks back on what truly drives the oil industry—the romance and thrill of the business.
2023-11-22 - Tens of millions of Americans are expected to hit the roads this Thanksgiving. But they’ll be paying less at the pump than they did a year ago, according to Energy Information Administration figures.