Press

One Future Releases Methane Intensity Numbers of 0.552%


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

About ONE Future

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.

 

 

-END-

Media Contact:

Beverly Jernigan

713-494-1733

beverly@beverlypr.com



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

onefuture.us/one-future-releases-methane-intensity...

Methanemethane emissionsnatural gas

More items from kacey


WELLBORE INTEGRITY SOLUTIONS JOINS OFS PORTAL

HOUSTON, TEXAS —OFS Portal announced today that Wellbore Integrity Solutions (WIS) has joined the organization as a supplier member. WIS joins current OFS Portal members which include Baker Hughes, a GE company, Halliburton, Schlumberger Oilfield Services, Select Energy Services, Total Safety U.S ...

Kacey White


Posted 1 month agoPress

MICROSEISMIC ANNOUNCES FRACRX®

Houston, TX and Denver, CO – July 22, 2019 –   Today at the Unconventional Resources Technology Conference in Denver, MicroSeismic, Inc. (MSI), announced FracRx , a data analytics company focused solely on helping E&P companies, operating in unconventional basins, increase net present value (NPV ...

Kacey White


Posted 2 months agoPress > FrackingEnergyunconventional

PIDX INTERNATIONAL RELEASES SUPPLY NOTIFICATION STANDARD

Houston, TX – June 26, 2019 – The Petroleum Industry Data Exchange, Inc. (PIDX) recently released the Supply Notification standard, available royalty-free at http://www.pidx.org/supply-notification/ . This standard provides a proactive means of communication among suppliers, trading partners, and ...

Kacey White


Posted 3 months agoPress > standardsEnergyupstream

DATA GUMBO JOINS PIDX INTERNATIONAL

DATA GUMBO JOINS PIDX INTERNATIONAL Houston, TX - June 13, 2019 - The Petroleum Industry Data Exchange, Inc. ( PIDX ) announced today that Data Gumbo has joined the organization as a member. Data Gumbo provides IIoT-integrated Blockchain technology and smart contracts to companies that operate ...

Kacey White


Posted 4 months agoPress > Blockchain in EnergyDigitizationEnergy

ONE Future Welcomes Williams

ONE Future Welcomes Williams -Natural Gas Coalition membership reaches 17- June 11, 2019 – Our Nation's Energy Future (ONE Future) announced today that Williams (NYSE: WMB) has joined the coalition, bringing the total number of member companies to 17.  Williams is an energy infrastructure co ...

Kacey White


Posted 4 months agoPress > emissions reductionMethanemethane emissions
All posts from kacey