EQT joins project to lower greenhouse gas emissions

EQT Corp. recently announced that it has joined a project to improve the understanding of upstream greenhouse gas (GHG) emissions at natural gas production sites and further deploying advanced monitoring technologies and protocols.

Cheniere Energy, the largest producer of liquefied natural gas in the United States, leads the project and is joined by academic institutions and upstream operators.

“Over the past year, we have made great strides to measure, forecast, and reduce our desktop emissions, and we intend to leverage this data to guide our capital allocation decisions and overall strategy,” EQT President and CEO Toby Z. Rice said. “We don’t intend to stop at just reducing our desktop emissions, though. We are committed to evolving our field emissions measurement capabilities, and we believe this QMRV project will help further EQT’s, and the industry’s, understanding, application, and use of best-in-class protocols and emissions monitoring and measurement technologies to help us achieve our global climate goals.”

Participants will use monitoring technologies to establish baseline emissions levels, monitor sites for carbon dioxide emissions and methane emissions, verify emissions performance, and identify opportunities to reduce emissions.

EQT is an independent natural gas production company with operations focused within the Appalachian Basin. It will monitor nine wells in southwestern Pennsylvania.