Vine Energy Inc. executed an agreement on Aug. 2 in which the company said will make it the first natural gas producer in the Haynesville Basin to certify 100% of its assets.

“Since Vine’s inception, we have demonstrated an unwavering commitment to environmental stewardship,” commented Eric Marsh, chairman, president and CEO of Vine Energy, in a release from the company on Aug. 2.

Based in Plano, Texas, Vine Energy on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in northwest Louisiana. The company first entered the basin in 2014 through the acquisition by its predecessor of Royal Dutch Shell Plc’s Haynesville position.

According to the company website, Vine Energy produces 100% natural gas due to its commitment on being an ESG leader as the company views natural gas as playing a key role in meeting the rapid growth in global demand for cleaner, sustainable, reliable and affordable energy. Further, Marsh said, in the past three years alone, Vine Energy reduced its methane intensity by 62% and greenhouse-gas intensity by 35%, all while growing production nearly three times over the same period.

However, through its new partnership with Project Canary announced Aug. 2, Vine Energy will be able to both independently verify the company’s performance and reduce its emissions even further, Marsh added.

“As an essential component of our nation’s energy backbone, we are proud of the leadership role we are playing to protect our ecosystems for future generations with energy sourced in an environmentally responsible manner,” he added in the release.

Vine Energy, which completed its IPO in March, currently holds an average operated working interest of 83% in 227,000 net effective acres in the core of the Haynesville Basin. The company produces approximately 1 Bcf/d mainly across Sabine, DeSoto and Red River parishes in North Louisiana, according to its website.

The responsibly sourced gas, or RSG, certification process with Project Canary is expected to begin in November, when Project Canary will begin its TrustWell™ operational certification review of all Vine Energy’s producing wells. In addition, Project Canary will deploy “Canary X” continuous emissions monitoring devices across locations representing 25%-30% of Vine’s natural gas production which will target domestic and international RSG markets.

Chris Romer, CEO and co-founder of Denver-based Project Canary, added in the release, “Vine Energy is a well-recognized leader in the Haynesville and we are proud to be working with them to extend their operational and environmental performance goals and objectives.”

The Vine Energy partnership is also the latest in a series of projects announced so far this year by Project Canary as the RSG movement builds steam.

To date in 2021, Project Canary has launched partnerships with producers located in the Appalachian, Eagle Ford, Permian, Denver-Julesburg and Green River basins as well as another recently announced in the Haynesville Shale with GEP Haynesville LLC, a joint venture between GeoSouthern Energy and The Blackstone Group.

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