Bayswater Partners with Project Canary for Continuous Monitoring Program

Bayswater Exploration & Production Makes Major Commitment to Continuous Air Emissions Monitoring

Selects the Project Canary Solution to Monitor, Report and Gather Air Emissions Data

DENVER, Feb. 24, 2020 — Bayswater Exploration & Production, a leading oil and gas producer with significant operations in Colorado, today announced that it has made a major commitment to sustainability by joining the Continuous Monitoring Program, a partnership with the Payne Institute for Public Policy at the Colorado School of Mines and emissions monitoring company Project Canary.

In a press release, Bayswater announced by mid-2020 it will install monitoring devices at locations encompassing approximately 99% of its production in Colorado’s DJ Basin.

“We have a high level of confidence in our operational practices,” said Steve Struna, Bayswater President and Chief Executive Officer. “This unparalleled commitment and partnership provides us with an additional level of assurance through third-party review of air quality data from our oil and natural gas operations.”

“Colorado has the strictest air regulations in the country, along with the most environmentally responsible oil and natural gas production nationwide. Our continuous monitoring further demonstrates Bayswater’s commitment to environmentally responsible oil and natural gas development and production. This gives our stakeholders, including regulators, local communities, neighbors, and investors, even greater confidence that we adhere to the highest operational standards.”

The Bayswater announcement follows the January 16, 2020 news from Crestone Peak Resources announcing that company’s participation in the Continuous Monitoring Program.

About Project Canary

Project Canary is a climate technology company that offers an enterprise emissions data platform that helps companies identify, measure, understand, and act to reduce emissions across the energy value chain. Given its outsized impact, the Company started with methane and has since expanded to other greenhouse gasses. Project Canary’s mission is to Measure It — leveraging sophisticated software solutions to help companies improve and report on their emissions footprint. They do this by building high-fidelity sensors, ingesting data from various other technologies and sources, characterizing the accuracy of such emissions data, and deploying advanced physics-based AI-powered models to identify leaks and quantify emissions.
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