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NorthAmOil                                    COMMENTARY                                          NorthAmOil




       Chesapeake joins gas





       certification push







       Chesepeake Energy is the latest US natural gas producer

       to announce that it will certify some of its output as

       responsibly sourced gas



        US               CHESAPEAKE Energy announced this week   Chesapeake has pledged to reduce the meth-
                         that it was partnering with a pair of non-profit  ane intensity of its operations to 0.09% by 2025.
       WHAT:             environmental groups, MiQ and Equitable Ori-  The company said MiQ certification would “pro-
       Chesapeake has    gin, to certify its Gulf Coast and Appalachia out-  vide a verified approach to tracking this commit-
       launched a collaboration   put as responsibly sourced gas (RSG). The news  ment”, as well as supporting Chesapeake’s overall
       with two non-profit   marks another US gas producer turning its atten-  objective of achieving net-zero direct green-
       groups to certify its gas   tion to RSG, joining a small but growing group.  house gas (GHG) emissions by 2035.
       output from two shale   Currently, producing RSG is expected to cost   The MiQ Standard factors in methane inten-
       regions.          more, but some believe that such gas will become  sity and detection, as well as company practices.
                         the standard over time. For now, though, there  The EO100 Standard focuses on five principles:
       WHY:              are various obstacles to navigate, including the  corporate governance and ethics; social impacts,
       A small but growing   lack of a widely accepted standard for certifying  human rights and community engagement;
       number of gas producers   RSG.                         indigenous people’s rights; occupational health
       are beginning to sell                                  and safety and fair labour standards; and envi-
       responsibly sourced gas.  Chesapeake’s plan            ronmental impacts, biodiversity and climate
                         Under Chesapeake’s new collaboration, its out-  change.
       WHAT NEXT:        put will be certified using the MiQ methane   “Leading a responsible energy future is core
       Producers are hoping   standard and the EO100 Standard for Respon-  to Chesapeake’s values, and this partnership
       that buyers will   sible Energy Development, which the company  marks another important step as we advance our
       increasingly be willing to   said covers a “broad range of environmental,  focus on differentially lowering our methane and
       pay for such gas.  social and governance (ESG) criteria”. Chesa-  GHG intensity in pursuit of achieving our pledge
                         peake’s Gulf Coast output – from Louisiana’s  to reach net-zero direct emissions,” stated Chesa-
                         Haynesville shale play – will be certified first,  peake’s board chairman and interim CEO, Mike
                         and is expected to be available from the end of  Wichterich.
                         this year. This will followed by the certification
                         of Chesapeake’s Appalachia production, which  Growing movement
                         is anticipated to be available from the second  Chesapeake anticipates that it will become the
                         quarter of 2022.                     first gas producer to certify output across two



























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