PennEnergy, Oklahoma company to market, deliver natural gas

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PennEnergy Resources, an investments portfolio company in the Appalachian Basin, and Oklahoma-based Williams, a clean energy transport, storage and delivery solutions company, recently agreed to support the marketing and delivery of certified, low emissions next gen natural gas.

Under the agreement, the companies will use an independent, third-party certification process to verify that best practices for minimizing emissions are being followed and that natural gas is produced in an environmentally responsible manner.

Appalachian-sourced natural gas is derived from PennEnergy’s 378 production wells in southwest Pennsylvania. The wells have achieved Project Canary’s TrustWell certification and the well pads achieved Platinum status — the highest rating available.

“We are excited for this partnership and future opportunities to deliver responsibly sourced natural gas to meet the market’s growing demands,” Rich Weber, PennEnergy Resources chairman and CEO, said. “PennEnergy welcomes higher standards in the marketplace, which play to our strengths, highlighting our dedication and investments made over many years to ensure the safety of our employees, the community and the environment.”

Williams is working to sell low-carbon next gen gas to utilities, LNG export facilities and other clean energy users. The agreement is part of the company’s strategy to gather, market and transport low-carbon natural gas.