By Paul J. Gough
To Southwestern Energy CEO Bill Way, his natural gas drilling company’s deal with Project Canary to put continuous methane emissions monitoring on its well pad is the next step of its yearslongs focus on ESG.
Southwestern (NYSE: SWN) announced a deal with methane monitoring firm Project Canary last week, one of the ESG-related projects Appalachian natural gas drillers have been reaching with outside firms and nonprofits. But the announcement is just the latest in a pioneering role Southwestern played five years ago when it was the first in the Appalachian basin to not only have methane monitoring but also a deal to certify what is called responsibly sourced natural gas, or RSG. RSG is an emerging standard for natural gas drilling that combines best practices, third-party monitoring and a focus on greenhouse gas emissions.
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