Commonwealth LNG is developing a natural gas liquefication and export terminal in the Calcasieu Ship Channel near Cameron, Louisiana, and expects to reach final investment decision (FID) in the first half of 2025. (Source: Shutterstock)
Kimmeridge Texas Gas and Kimmeridge-backed Commonwealth LNG have committed to an independent certification as part of achieving operational net-zero emissions in the companies’ natural gas sector, Kimmeridge announced Nov. 1.
The guidance provided by MiQ, a leader in emissions certification, will support Kimmeridge’s initiative to deliver “wellhead-to-water” gas that is net-zero on Scope 1 and 2 greenhouse-gas emissions.
The MiQ standard is used in about 20% of U.S. natural gas production.
Commonwealth LNG is developing a natural gas liquefication and export terminal in the Calcasieu Ship Channel near Cameron, Louisiana, and expects to reach final investment decision (FID) in the first half of 2025.
Both companies will work with MiQ to obtain certification. The process involves an audit of Kimmeridge’s and Commonwealth’s operations, with an emphasis on methane emissions, according to the announcement.
Following Commonwealth’s FID, Kimmeridge will undertake a reforestation project in Louisiana.
"Our commitment to seeking MiQ certification for our gas production underscores the critical importance we place on verifying every step of the natural gas value chain,” said Dave Lawler, Kimmeridge CEO.
Recommended Reading
Civitas Makes $300MM Midland Bolt-On, Plans to Sell D-J Assets
2025-02-25 - Civitas Resources is adding Midland Basin production and drilling locations for $300 million. To offset the purchase price, Civitas set a $300 million divestiture target “likely to come” from Colorado’s D-J Basin, executives said.
Analysts: Will E&Ps Redraw Plans as WTI Dips Below $60/bbl?
2025-04-08 - As WTI hovers near $60/bbl, U.S. E&Ps could be pushed to drop rigs and cut drilling in exploratory resource plays, analysts say.
SM’s First 18 Uinta Wells Outproducing Industry-Wide Midland, South Texas Results
2025-02-20 - Shallow tests came on with 685 boe/d, 95% oil, while deeper new wells averaged 1,366 boe/d, 92% oil, from two-mile laterals, SM Energy reported.
In Inventory-Scarce Permian, Could Vitol’s VTX Fetch $3B?
2025-03-28 - With recent Permian bids eclipsing $6 million per location, Vitol could be exploring a $3 billion sale of its shale business VTX Energy Partners, analysts say.
Vital, SM: Woodford-Barnett Wildcats Flush with Barrels in Southern Midland
2025-02-25 - An initial SM Energy test made 250,000 boe in its first eight months online. Vital Energy is reporting more than 150,000 gross boe per 10,000 ft of lateral in its first-six-month output.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.