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Commercialization of Certified Natural Gas Advances as Seneca, NNE Offer 1 Bcf/d-Plus via CG Hub

Commercialization of Certified Natural Gas Advances as Seneca, NNE Offer 1 Bcf/d-Plus via CG Hub

Appalachian natural gas producers Seneca Resources Co. LLC and Northeast Natural Energy (NNE) have agreed to provide access to more than 1 Bcf/d of certified natural gas via commodities trading platform CG Hub, a signal that selling premium supply to overseas markets is advancing. The Chicago-based trading hub, operated through TruMarx Data Partners Inc.’s Comet…

June 12, 2023
Natural Gas Buyers – at Home and Abroad – Looking to Compete with Certified Supply, Says MiQ CEO

Natural Gas Buyers – at Home and Abroad – Looking to Compete with Certified Supply, Says MiQ CEO

More U.S. upstream operators are working to verify the methane emissions of their natural gas, and business is expected to strengthen as choosy buyers, particularly in Europe, choose independently certified gas. Methane, the primary component of natural gas, accounts for about 20% of the global anthropogenic greenhouse gas emissions. The natural gas sector emits a…

March 15, 2023
Lime Rock Preparing for EPA Ruling with Fugitive Emissions Scanning

Lime Rock Preparing for EPA Ruling with Fugitive Emissions Scanning

As federal regulators prepare a ruling that would strengthen emissions standards for the oil and natural gas industry, Lime Rock Resources has partnered with Bridger Photonics Inc. to conduct fugitive methane emissions scanning in the Lower 48. Lime Rock partnered with Montana-based Bridger to use Gas Mapping Light Detection and Ranging (GLM) advanced laser technology…

March 8, 2023
ExxonMobil Gains Certification for 200 MMcf/d of Permian Natural Gas; Xcel Takes Some Volumes

ExxonMobil Gains Certification for 200 MMcf/d of Permian Natural Gas; Xcel Takes Some Volumes

Nearly 200 MMcf/d of the natural gas that ExxonMobil produces at Poker Lake, NM, in the Permian Basin have been independently certified for methane emissions management, the supermajor said Tuesday. The certification from MiQ is the first by a company for its associated gas production from oil, ExxonMobil said. The certification process also is being…

April 27, 2022
Certifying Natural Gas Near ‘Status Quo’ and LNG Near, Says MiQ

Certifying Natural Gas Near ‘Status Quo’ and LNG Near, Says MiQ

Nearly 350 Bcf of U.S.-produced certified natural gas is available for digital trading, and differentiated gas export volumes could soon be in the queue, MiQ’s top executive said Tuesday.  “With 350 Bcf of independently certified gas ready for transacting on MiQ’s Digital Registry, we have succeeded in creating a market capable of rewarding better methane…

April 5, 2022
BP’s Haynesville Wells Achieve Top Grade for Methane Emissions Performance

BP’s Haynesville Wells Achieve Top Grade for Methane Emissions Performance

BP plc has become the latest major to differentiate its natural gas through MiQ, with the U.S. onshore business achieving a top grade for the methane emissions performance of some wells in the Haynesville Shale. MiQ’s independently audited certification system reviewed emissions in the Haynesville that are managed by BP’s Lower 48 arm BPX Energy…

December 15, 2021
ExxonMobil Launches Certification Pilot with MiQ for Permian Natural Gas

ExxonMobil Launches Certification Pilot with MiQ for Permian Natural Gas

ExxonMobil is wading into the certified natural gas game, partnering with nonprofit MiQ for natural gas produced at its Poker Lake, NM, facility in the Permian Basin. About 200 MMcf/d from Poker Lake would be assessed and certified by MiQ, ExxonMobil said Tuesday. The certified natural gas, sometimes referred to as responsibly sourced gas, could…

September 7, 2021
Chesapeake to Certify Haynesville, Appalachia Natural Gas Production as Responsibly Sourced

Chesapeake to Certify Haynesville, Appalachia Natural Gas Production as Responsibly Sourced

Chesapeake Energy Corp. said Wednesday it is partnering with nonprofits MiQ and Equitable Origin to certify its Lower 48 natural gas production as responsibly sourced under a rigorous set of environmental, social and governance (ESG) criteria. Oklahoma City-based Chesapeake said it would be “the first company to independently certify and continuously monitor its natural gas…

July 14, 2021
MiQ, Carbon Limits to Develop First Independent LNG Certification Standard

MiQ, Carbon Limits to Develop First Independent LNG Certification Standard

Nonprofit MiQ and partner Carbon Limits plan to roll out an emissions certification standard for liquefied natural gas volumes (LNG) as early as this summer, providing a potential boost for suppliers under pressure from customers to lower their environmental impacts. The partners said Thursday they are developing the first independently audited certification standard to calculate…

May 13, 2021