Bloomberg News
Chevron Aims to Lower Emissions at Five US Well Sites
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Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado as part of an industry push into “responsibly sourced” gas.
The energy giant is seeking independent certification at the sites from environmental assessment firm Project Canary, which will review and analyze information on emissions and other environmental aspects at the wells, which produce both oil and associated gas. Chevron also will deploy Project Canary’s monitoring devices at some locations, the company said Feb. 23 in a statement.
Energy companies including Exxon Mobil Corp., EQT Corp. and Southwestern Energy Co. have rushed to demonstrate they can produce gas with low resulting emissions of methane, a potent greenhouse gas contributor. In the process, they have largely pursued certification from Denver-based Project Canary and non-profit MiQ.
We've announced a pilot with @ProjectCanary1 to independently certify our operational and environmental performance at 5 sites in TX and CO. This enhances our ability to demonstrate transparency in how we're lowering methane emissions. Details: https://t.co/ybzEtY1dRM pic.twitter.com/OgsaBtn4Mx — Chevron (@Chevron) February 23, 2022
The push for gas deemed responsibly sourced based on its environmental credentials has been met with skepticism by environmental groups including the Sierra Club. Concerns include that companies can cherry-pick and showcase their cleanest assets while not disclosing impacts from their dirtiest operations.
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