ONE Future releases methane intensity numbers of 0.552%
-Natural Gas Coalition surpasses target of 1%-
Houston, TX – Nov. 15, 2018 - Our Nation's Energy Future (ONE Future), a coalition of natural gas companies, announced today its inaugural reporting of methane intensity numbers. Using uniform, EPA-approved reporting protocols, the coalition registered a 2017 methane intensity number of 0.552%, well ahead of its goal to reach 1% by 2025. These numbers have been independently reviewed by National Energy Technology Laboratory and by Innovative Environmental Solutions.
“Today's report validates that through targeted investment in abatement technologies, we can significantly reduce methane emissions across the natural gas supply chain,” said Richard Hyde, Executive Director of ONE Future. “We are demonstrating that natural gas can indeed meet the growing energy needs of our country in a sustainable manner, and as our coalition continues to grow, we look forward to helping new members across the country achieve their methane reduction goals.”
ONE Future's data represents a geographically diverse and material share of the U.S. natural gas supply chain. Its member companies have the flexibility to deploy their capital where it will be most effective in reducing emissions. This includes upgrading and replacing pipeline infrastructure as well as actively seeking and repairing system leaks. To demonstrate credible and measurable results, members agree to measure their emissions and track their progress over time according to EPA-approved reporting protocols.
ONE Future members are committed to ongoing methane emission reduction activities while sharing key learnings through technical reports and workshops to enable others across the industry to build on these successful initial results
ONE Future formed in 2014 when eight forward-thinking natural gas companies came together and resolved to implement a performance-based approach to the management and mitigation of methane emissions. ONE Future determined that, using proven methods and technologies and science-based criteria, it would voluntarily set an ambitious goal of 1% methane intensity across the natural gas value chain by 2025.
Since its inception, ONE Future has grown to 16 companies accounting for the some of the largest natural gas producers, transmission and distribution companies in the U.S. ONE Future members operate in 11 out of the 19 production basins and other segments of the value chain operate in multiple regions of the country. Its members include Antero Resources, Apache, Berkshire Hathaway Energy Pipeline Group, BHP, Dominion Energy, Equinor (formerly StatOil), EQT, Hess Corporation, Jonah Energy, Kinder Morgan, National Grid, Noble Energy, Southern Company Gas, Southwestern Energy, Summit Utilities, and TransCanada U.S. Gas Operations. Together, these U.S. companies account for approximately 10% of total natural gas production, 32% of natural gas transmission miles and 9% of natural gas distribution.
For more information visit www.onefuture.us.
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