Crescent Energy joins initiative for methane emissions reporting
Crescent Energy Company announced its membership in the Oil & Gas Methane Partnership (OGMP) 2.0 initiative to enhance the company’s reporting of methane emissions. The OGMP 2.0 framework is the leading industry standard for methane emissions reporting, allowing a company to assess its emissions footprint by asset and create targeted emissions reduction programs.
“Crescent Energy is meeting today’s energy needs while focusing on a cleaner tomorrow,” said David Rockecharlie, CEO of Crescent Energy. “Reducing methane emissions is critical to slowing climate change impacts, but to best manage methane, we must first measure it. That’s why we are building our climate strategy on high-quality data, gathered through the OGMP 2.0 framework, to inform our emissions reduction efforts.”
The OGMP is an initiative launched by the UN Environment Program and the Climate and Clean Air Coalition. It is the only broad multi-national and multi-stakeholder partnership working on methane emission measurement and reporting protocols. OGMP creates a platform to help member companies demonstrate actual methane emission reductions. Comprised of more than 70 companies representing 30% of the world’s oil and gas production, the OGMP also offers a platform to help member companies share learnings and best practices.
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