Published by Todd Bush on March 23, 2023
DENVER & CANONSBURG, Pa.--(BUSINESS WIRE)--Olympus Energy, an exploration and production company with operations in western Pennsylvania, along with its wholly-owned subsidiary Hyperion Midstream, has become the first integrated natural gas producer to certify its operated upstream and midstream gathering assets with Project Canary, the companies announced today.
olympus energy project canary
>> In Other News: GE and Svante Announce Collaboration to Develop Carbon Capture Technology for Power Generation
The results of Project Canary’s independent, in-depth environmental assessments – which analyze more than 600 data points per well – plus deployment of on-the-ground continuous emissions monitors, affirms Olympus and Hyperion’s best-in-class operational and environmental performance.
“Olympus and Hyperion are committed to driving best practices at all stages of the energy value chain, and this certification validates our strong environmental integrity,” said Tim Dugan, President and CEO of Olympus Energy. “We’re using continuous emissions monitoring to catch leaks faster and cross reference operations with the environmental data. We’re putting data to work to reduce emissions, both at our upstream Olympus wellpads and our Hyperion midstream assets."
“Olympus Energy is an early mover in seeking certification across its entire operations, a testament to its commitment to verifiably low-methane natural gas above and beyond existing regulations,” said Chris Romer, Co-founder and CEO of Project Canary. “As the gas market continues to evolve and buyers seek Responsibly Sourced natural gas with measured climate attributes, Olympus and Hyperion are industry leaders. Proof of performance is what our climate deserves.”
Project Canary environmental risk assessments are performed by engineers who conduct rigorous data point analysis to review and analyze climate attributes, engineering principles, and community impact on a well-by-well basis. Project Canary real-time emissions monitoring utilizes best-in-class technology. Olympus and Hyperion continuously seek environmental excellence in their operations through consistent application of best-in-class emissions reduction technology, maximizing the reuse and recycling of produced water, investing in freshwater pipeline systems for completions, and driving to eliminate reportable spills on their locations. Olympus and Hyperion are strongly committed to being responsible stewards in the communities where they operate and are proud that their growing partnership with Project Canary can serve as a clear indicator of that commitment to their stakeholders.
Olympus Energy LLC (“Olympus”) is a privately held energy company headquartered in Canonsburg that specializes in upstream and midstream development of natural gas resources in the Appalachian Basin; Hyperion Midstream is its wholly owned midstream subsidiary. Olympus has a scalable asset base in southwestern Pennsylvania, having assembled nearly 100,000 largely contiguous and operated acres within the core Marcellus, Utica, and Upper Devonian fairways. Visit www.olympusenergy.com for additional information. >> Watch video
Project Canary® is an environmental data and software company that collects, analyzes, quantifies, and visualizes asset-level environmental risk assessments and emission profiles. As a measurement, reporting, and verification (MRV) solution, the Canary SENSE Platform™ integrates a networked sensor canopy, including 3rd party sensor data and assessment scores, to provide independently verifiable climate attribute data for upstream, midstream, and CCS (carbon capture and sequestration) projects. Project Canary’s insights help energy organizations improve performance, manage risks, and deliver auditable decarbonization data. Formed as a Public Benefit Corporation, the U.S. Colorado-based team includes scientists, engineers, and industry operators focused on the path to True Zero™.
www.projectcanary.com
Contacts
Project Canary: Diana Kaul, Senior Director Communications, [email protected]
Olympus: Jennifer Hoffman, VP – EHSR & Communications, [email protected]
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue ⚛️ Air Products Announces Plans to Build Network of Commercial-Scale Multi-Modal Hydrogen Refueling Stations Connecting Edmonton and Calgary, Alberta, Canada 🤝 RepAir and Cella L...
Inside this Issue ⛽ FirstElement Fuel, World-Leader in Hydrogen Refueling Solutions, Selected as a Top 40 US GreenTech Company by Time Magazine 💸 Advanced Hydrogen Producing Equipment Wins Top Pri...
Inside this Issue 💰 Cabot Corporation and Partners Selected for $5M in U.S. Department of Energy Grant to Support Continued Advancement of Global Hydrogen Economy ☀️ Eversource Energy Announces Ex...
Greensboro, N.C., April 24, 2024 (GLOBE NEWSWIRE) -- [Volvo Trucks North America](https://www.volvotrucks.us/) has announced a significant advancement in its _sustainability efforts by fueling newl...
**Expanding Basic Engineering and Design Package (BEDP) Portfolio with an additional 350MW of electrolyzers** LATHAM, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- [Plug Power Inc.](https://www.plugp...
EnergyX Taps Chevron Veteran, Allen Satterwhite, as President
AUSTIN, TX, April 24, 2024 (GLOBE NEWSWIRE) -- [Energy Exploration Technologies Inc.](https://energyx.com) (EnergyX) is pleased to announce its latest executive hire, **Allen Satterwhite**, as its ...
ZeroAvia Launches Electric and Hydrogen Aviation Components Offering as Manufacturing Plans Revealed
* _Clean aviation innovator seeks to expand addressable market for full engine systems and capitalize on strong OEM interest in its leading fuel cell, power electronics, compressor and electric m...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.