North American natural gas buyers are ready to embrace low-carbon options for their customers, but executives said they are wary about the dearth of regulatory mandates, which could determine which direction to take. Reducing the carbon footprint is a worthy goal, said DTE Gas Co.’s Eric Schiffer, principal marketing specialist for the DTE Energy Co.…
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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…
Chesapeake Looks to Dominate Natural Gas-Rich Haynesville with $2.2B Vine Takeover
Oklahoma City-based Chesapeake Energy Corp. is going back to the future, agreeing Wednesday to pay $2.2 billion for one of the Haynesville Shale’s biggest natural gas producers, Vine Energy Inc. The announcement hearkened to the past, when Chesapeake took advantage of low natural gas prices in the mid-2000s to build the biggest Lower 48 portfolio…
Haynesville-Focused Vine Set to Certify Natural Gas as 100% Responsibly Sourced
Vine Energy Inc., whose production focus is the Haynesville Shale, said it plans to certify 100% of its output as responsibly sourced gas (RSG). The independent reached an agreement for monitoring company Project Canary to begin the certification process of all the producing wells starting in November. In addition, Project Canary would provide continuous emissions…
EQT Reshaping Strategy for Era of ‘Sustainable Shale’
EQT Corp. CEO Toby Rice said Thursday the largest natural gas producer in the United States is positioning itself for a “new era of sustainable shale,” further shaping its strategy to evolve into a lower carbon future. “As the largest producer of natural gas in the U.S., we’re able to forge new paths and open…
Xcel Teams Up with Crestone Peak, Project Canary for Colorado RSG Pilot
Minneapolis-based utility Xcel Energy Inc. is continuing efforts to decarbonize its Colorado operations through a partnership with natural gas producer Crestone Peak Resources and methane emissions reduction specialist Project Canary. The trio on Wednesday announced a pilot project with Xcel purchasing natural gas from Crestone that has been certified as low-emission by Project Canary. The…