Chevron gas production earns top marks for environmental performance

Certification of natural gas as a responsible source continues to gain traction in the energy industry, with Chevron joining ExxonMobil’s XTO Energy, Laredo and Chisholm Energy in testing certification programs.

Chevron announced this week that it has received Project Canary’s highest ratings for operational and environmental performance at five sites in the Midland Basin and Chevron’s Mustang development area in Colorado’s DJ Basin. Of the 85 wells analyzed by Project Canary, 82 received the highest “Platinum” status and three the second-highest “Gold” status. The five sites concerned produce a total of approximately 80 million cubic feet of natural gas per day.

“The initial pilot phase will last through 2022 and next steps will be informed by the experience and learnings of the pilot,” said Catie Matthews, public and government affairs advisor with Chevron’s Mid-Continent business unit. , to the Reporter-Telegram by e-mail. “We expect the pilot to help us verify our strengths and identify opportunities to further improve methane performance, familiarize ourselves with the certification process and deepen our understanding of the current RSG market.”

Chevron expects to commercialize RSG from certified assets in the second half of 2022.

Chris Romer, chief executive and co-founder of Project Canary, told The Reporter-Telegram in a phone interview that he was excited about Chevron’s leadership in the Permian and DJ basins.

“It’s great to have a leading producer like Chevron accelerating the market for responsibly sourced gas,” he said. “Their commitment to transparency is the foundation of the energy transition.” He said he expects many other producers in the Permian Basin to follow Chevron’s lead now.

Increasing the certification of natural gas as a responsible source will not only provide the world with needed fuel that has been verified as clean carbon, but will create great jobs in Midland, Romer said.

“We can reduce methane emissions and have a healthy environment and have affordable energy,” he said. “It was done in Colorado and now it’s being done in the Permian Basin.”

What’s also exciting to him is that markets are recognizing the viability of natural gas certification through the actions of blue chip companies like Chevron, he added.

“There will be a lot of buyers and it will be good for the Permian Basin,” he said.

Romer estimates that 40% of the natural gas produced in the United States will be certified by the end of the year and will come from most of the country’s production basins.

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