Southwestern Energy Co. has expanded its company-wide certification and continuous monitoring of its production of responsibly sourced gas (RSG) on Feb. 8 to include its newly acquired Haynesville position, which builds upon its previously announced program in Appalachia. This will increase the company’s total certified responsibly sourced gas to over 5 billion cubic feet per day of gross operated production.
Independent certification of the company’s Haynesville production is expected to be completed by the end of 2022, and its Appalachia certifications are expected to be completed in March 2022.
SWN’s RSG program reflects the company’s leading environmental, social and governance (ESG) performance objectives and aligns with its broader corporate strategy to generate sustainable cash flow from responsible natural gas development.
“Southwestern Energy’s commitment to obtain third-party certification for our entire portfolio across Appalachia and Haynesville allows our stakeholders to receive independent verification that all of SWN’s production meets and exceeds the highest and most rigorous RSG standards,” Bill Way, Southwestern Energy president and CEO, said.
Independent certification includes analysis of five times more data points than competing certifications assessing air, land, water, community and operational impacts.
“The ability to monitor emissions from our operations at the pad level is a clear differentiator and will allow SWN to efficiently and effectively reduce emissions,” Way added. “This core initiative is a tangible way SWN is responsibly developing natural gas, which is foundational to a lower carbon future.”
Southwestern Energy is utilizing Project Canary’s TrustWell standards and Canary X continuous monitoring devices for its entire portfolio in both the Appalachia and Haynesville basins. The program will include pad-level continuous monitoring, which will utilize the most comprehensive emissions detection approach.
Project Canary, a Denver-based Public Benefit Corp., is the leading provider of independent environmental performance certification and precise continuous emissions monitoring technology. Project Canary assessment and certification analysis is the most rigorous and comprehensive certification available where engineers and data scientists analyze more than 600 unique data points within 24 operational categories to develop per-well environmental performance scores.
“As the certified gas market evolves, verified, high-fidelity data is a key differentiator to credible and high-quality RSG certifications,” Chris Romer, Project Canary co-founder and CEO, said. “Southwestern moves the industry forward on comprehensive ESG performance that the measurement economy requires. The Project Canary certification verifies their commitment to the highest standards in the industry.”
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