Published by Todd Bush on November 7, 2022
Independently certified natural gas with low methane attribute advances end-user emissions reductions goals
DENVER, Nov. 7, 2022 /PRNewswire/ -- PureWest Energy, LLC ("PureWest"), a leading independent natural gas producer recognized for its top methane intensity rate, has signed an agreement to supply responsibly sourced gas (RSG) to a large west coast end-user. Under the agreement terms, PureWest will supply the end-user with 30,000 MMBtu/d of Platinum-rated RSG, which is independently certified by a third-party for environmental attributes that are associated with rigorous production standards and best practices. The one-year agreement is priced at a premium to prevailing market prices.
"Environmental stewardship is integrated into every aspect of our business strategy, and this is especially true as it relates to delivering independently-certified and measured, low emission natural gas to the market. We're encouraged by the extensive opportunities for certified natural gas to enable the energy transition" said PureWest CEO Chris Valdez. "We're excited to enter into this important partnership, which reflects our mission to advance modern life by producing natural gas in a safe and environmentally responsible manner."
To further accelerate the lower-carbon energy transition, and as part of PureWest's comprehensive ESG performance strategy, the company partners with Denver-based Project Canary to secure TrustWell™ certification, which encompasses fieldwide stationary emissions as well as freshwater management monitoring. More recently, PureWest announced it has chosen Validere as the company's key technology partner to provide emissions reduction solutions.
Additionally, PureWest is working with Colorado State University ("CSU") Energy Institute's Advancing Development of Emissions Detection (ADED) program, which will validate the company's industry-leading commitment to operational transparency and sustainability. In addition, in partnership with the Bureau of Land Management (BLM), Wyoming DEQ, EPA, State Engineers Office, Wyoming Oil and Gas Conservation Commission, and other operators, PureWest has developed a groundwater Pollution Prevention, Monitoring and Response Action Plan to further enhance the highest environmental standards.
Uplift Energy Strategy originated and negotiated this transaction on behalf of PureWest as their sole marketing agent.
PureWest Energy, LLC is a private energy company focused on developing its long-life gas reserves in Wyoming's Green River Basin where the Company controls more than 114,000 net acres in and around the prolific Pinedale and Jonah Fields. PureWest is focused on achieving ever-higher ESG performance as part of its commitment to stakeholders and has an industry leading methane intensity rate of 0.05%, more than two years with zero motor vehicle incidents, and PureWest's employee led community investment program. Additional information is available at www.PureWest.com.
Uplift Energy Strategy unlocks value for energy producers through physical marketing, midstream expertise, hedge execution, and industry-leading fundamentals analysis. Uplift, through its extensive market network, coordinates transactions with producers and end-use markets to realize carbon reduction through the sale of low methane, certified gas. To learn more, visit www.upliftenergystrategy.com.
Media Contact
Kelly Bott, SVP – ESG, Land & Regulatory
[email protected], 303.645.9809
SOURCE PureWest
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
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...
Inside this Issue 🚌 Ballard Announces Orders for 70 Hydrogen Fuel Cell Engines for Delivery to Wrightbus in 2024 🏭 FuelPositive Announces Completion of Factory Acceptance Testing and Shipping of F...
Inside this Issue ⛽ Air Products Receives Funding to Build Two Large-Scale Hydrogen Refueling Stations in the Region of North-Rhine Westphalia Nordrhein Westfalen ✍️ VINCI Signs a Strategic Partne...
_Grant will support development of innovative, scalable manufacturing processes for producing carbon catalyst supports for fuel cells_ April 18, 2024 09:00 AM Eastern Daylight Time BOSTON--[C...
New Jersey Natural Gas to Reduce Fleet Emissions with Neste MY Renewable Diesel
WALL, N.J.--Expanding on its sustainability leadership, [New Jersey Natural Gas](https://njng.com) (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), **announced it is switching ...
Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind
BOSTON & HARTFORD, Conn.--[Eversource Energy](https://www.eversource.com) (NYSE: ES) (“Eversource”) today announced it has finalized definitive documents regarding its previously announced agreemen...
_Fourteen private sector and university-led projects will support sustainable industrial practices that deliver economic opportunities and a healthier climate for U.S. communities and workers_ *...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.