Pittsburgh-based EQT Corporation announced Thursday it is committed to seeking independent certification of a majority of its produced natural gas under Equitable Origin and MiQ certification standards.
The certification process is expected to commence this month and is anticipated to be obtained later this year. EQT’s more than 200 well pads located in Greene and Washington counties in Pennsylvania would get certification under the proposed project. Those well pads produce approximately 4.0 Bcf/day. EQT said the certifications will expand their growing portfolio of certified natural gas and join a previously announced project with Project Canary to certify gas produced from two well pads in southwestern Pennsylvania.
When complete, EQT’s certified natural gas production will total 4.5 percent of all the natural gas produced in the U.S. The company committed to producing certified gas under the Equitable Origin and MiQ certifications for a one-year period to further explore the market for certified products.
“We received a tremendous amount of market interest following our announcement in January that we would be seeking certification of a portion of our natural gas production,” said Toby Rice, President and Chief Executive Officer of EQT. Mr. Rice continued, “We are committed to the highest standards of performance for our production operations, and we believe that obtaining certification from Equitable Origin and MiQ will enable us to further demonstrate our commitment to producing our natural gas in accordance with high environmental and social standards, and differentiate our gas in the market.”
As part of the process, Equitable Origin and MiQ will oversee an independent, third-party audited assessment of EQT’s natural gas production from those specific well pads, focusing on the environmental, social, and governance performance, including methane emissions.