Aethon Energy Management Announces Collaboration with Cheniere Energy to Quantify, Monitor, Report and Verify GHG Emissions
DALLAS--(BUSINESS WIRE)--Jun 10, 2021--
Aethon Energy Management (Aethon), the largest private natural gas producer in the Haynesville Shale, joined Cheniere Energy, Inc. (NYSE American: LNG) in a new collaboration to implement quantification, monitoring, reporting and verification (QMRV) of greenhouse gas (GHG) emissions performance.
The collaboration will support Aethon’s broader carbon emissions reduction strategy by monitoring a sample of Aethon’s newest production sites in the Haynesville, helping to methodically test the feasibility and scale for establishing low upstream emissions (LUE) standards.
“We’re proud to join Cheniere in this collaboration to drive greater transparency and reporting of carbon emissions that will encourage more sustainable approaches to natural gas production and usage,” said Gordon Huddleston, Co-President and Partner of Aethon. “Aethon remains committed to leveraging innovative solutions that deliver tangible results and drive our company-wide efforts to reduce carbon emissions.”
The QMRV collaboration with Cheniere complements Aethon’s existing carbon emissions reduction programs throughout the lifecycle of the well, including innovative approaches to:
- Detecting and repairing methane leaks
- Reducing GHG emissions through natural gas-fired turbine and electric fracturing fleets
- Pursuing carbon sequestration injection well permitting
- Designing zero emission wellsites
- Phasing out gas pneumatic chemical pumps
- Optimizing and consolidating compressors
Innovative solutions like Aethon’s partnership with BJ Energy Solutions to deploy the TITAN direct drive natural gas-fired turbine fracturing fleet may offset more than 40% of Aethon’s total North Louisiana wellsite emissions as reported in 2020.
For more information about Aethon’s QMRV collaboration with Cheniere, please click here.
About Aethon Energy Management
Aethon Energy Management (Aethon) is a private investment firm focused on direct investments in onshore oil and gas properties in the United States. Aethon is a leading operator and the largest private natural gas producer in the Haynesville Shale. For more information about Aethon, please visit www.AethonEnergy.com.
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CONTACT: Aethon Energy
KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: ENERGY ENVIRONMENT OIL/GAS
SOURCE: Aethon Energy Management
Copyright Business Wire 2021.
PUB: 06/10/2021 12:26 PM/DISC: 06/10/2021 12:26 PM