Chevron Corp.'s North American upstream assets in Texas and Colorado earned Project Canary's highest ratings in operational and environmental performance, a joint press release announced on June 29.
82 of Chevron's wells achieved "Platinum" status (to be more environmentally responsible than 90% of operators) and three wells achieved "Gold" status (to be more environmentally responsible than 75% of operators), highlighting the company's continuous monitoring practices.
"Chevron deploys several technologies to detect and measure methane emissions and certified responsibly sourced gas is part of our broader commitment to lowering the carbon emissions intensity of our operations,” Chevron North America exploration and production president Steve Green said in the release. “In addition to demonstrating transparency, an independent assessment provides validation of our current practices and insights to inform and shape how we continue to achieve our lower carbon aspirations.”
In February 2022, Chevron announced a pilot project to implement Project Canary's TrustWell Certification program to review and analyze aspects of the environmental and social performance of individual wells and facilities in two sites in the Permian Basin and three sites in the Denver-Julesburg (DJ) Basin, according to a Chevron press release from Feb. 23.
Combined, the five sites produce approximately 80 MMcf/d of natural gas. In addition to the certification program, the company also deployed Canary X continuous pad-level methane emissions monitoring units in some of its locations.
Chevron intends to use this momentum to market responsibly sourced gas (RSG) from the Project Canary-certified assets in the second half of this year.
“The results of our independent assessment and certification of Chevron’s operations in the Permian and DJ basins demonstrate strong performance across its operating assets, positioning Chevron in the fast-emerging markets for differentiated gas,” Project Canary co-founder and CEO Chris Romer added. “Buyers of RSG certified by Project Canary can have confidence that each producing well has been reviewed and verified for aspects of Chevron’s environmental and social performance.”
Recommended Reading
Belcher: Trump’s Policies Could Impact Global Energy Markets
2025-01-24 - At their worst, Trump’s new energy policies could restrict the movement of global commerce and at their best increase interest rates and costs.
Trump to End Need for Some LNG Export Permit Renewals, Sources Say
2025-01-15 - Trump, who takes office on Jan. 20, has said he would issue an LNG order on day one that would end the pause on approvals for new LNG projects that outgoing President Joe Biden put in place in January last year.
CEO: TotalEnergies to Expand US LNG Investment Over Next Decade
2025-02-06 - TotalEnergies' investments could include expansion projects at its Cameron LNG and Rio Grande LNG facilities on the Gulf of Mexico, CEO Patrick Pouyanne said.
Trade War! Or Maybe Not
2025-03-06 - An energy industry that prefers stability gets hit with whiplash as it attempts to adjust to the Great Disruptor taking over the White House.
Segrist: Permit Reform Rumbles as US Seeks to ‘Unleash American Energy’
2025-03-19 - The White House has called for changes to a heavily criticized system, but new rules require a lot more work.
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.