Press

ONE FUTURE WELCOMES NEW JERSEY NATURAL GAS


 

Houston, TX – February 5, 2019 – Our Nation's Energy Future (ONE Future) announced today that New Jersey Natural Gas (NJNG) has joined the coalition, bringing the total number of member companies to 16.  New Jersey Natural Gas is the principal subsidiary of New Jersey Resources (NYSE: NJR), a diversified energy company and Fortune 1000 business.

“We are pleased to start 2019 with this important partnership that builds on NJNG's core commitment to responsible, sustainable practices that benefit our environment,” said Stephen Westhoven, President and Chief Operating Officer of New Jersey Resources.  “ONE Future's recent reporting demonstrates its commitment to achieving measurable goals and exceeding expectations. NJNG is proud to join the coalition and take another important step in our ongoing commitment to environmental responsibility.”

ONE Future member companies represent the entire natural gas value chain and with the addition of New Jersey Natural Gas, now account for approximately 10% of the total natural gas production, 32% of the US natural gas transmission miles and 9% of the US natural gas distribution. As part of its member benefits, NJNG will hold a seat on ONE Future's Board of Directors. ONE Future board members work with other board members to promote best practices and share learnings on each company's respective science-based, technology and methods for methane reduction; though each member always has the flexibility to deploy its capital where it will be most effective. Additionally, NJNG will report its 2018 methane results as part of the distribution sector within the coalition.

“New Jersey Natural Gas is an important addition to the distribution segment of the coalition because it demonstrates that ONE Future is adding significant momentum to its value chain approach to reducing methane emissions,” said Richard Hyde, Executive Director, ONE Future. “As we continue our outreach, we know that the involvement of New Jersey Natural Gas will serve as a positive example to others considering membership.”

New Jersey Natural Gas operates and maintains nearly 7,500 miles of natural gas transportation and distribution infrastructure, serving over half a million customers in New Jersey's Monmouth, Ocean, Morris, Middlesex and Burlington counties. 

NJNG has a long record of acting with corporate and environmental responsibility as a top priority, including the following noteworthy achievements:

  • NJNG was the utility in the nation to source natural gas supply fro the TrustWell Responsible Gas Program.
  • NJNG recently earned the distinction of being the first natural gas utility to eliminate the use of cast iron pipe in its distribution system.
  • By the end of 2019, NJNG expects to replace all the remaining bare steel in its system. Once complete, it will be the first natural gas utility in New Jersey to do so.
  • NJNG boasts the fewest leaks per mile of all natural gas utilities in New Jersey.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services.

About ONE Future

ONE Future was formed when eight companies came together in 2014 with a focus to collectively achieve a science-based average rate of methane emissions across our facilities equivalent to one percent (or less) of total natural gas production. Since our formation, we have 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, hence ONE Future's data represent a geographically diverse and material share of the U.S. natural gas supply chain. Its members include Antero Resources, Apache, Berkshire Hathaway Pipeline Group, BHP, New Jersey Natural Gas, Equinor (formerly StatOil), EQT, Hess, Kinder Morgan, National Grid, Southern Company Gas, Southwestern Energy, Summit Utilities, and TransCanada, 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

https://onefuture.us/one-future-welcomes-new-jerse...

natural gasMethanemethane emissionsemissions reduction

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