Canada’s Crew Energy earns EO100 certification
SUMMARY
Producer's certified Montney position covers about 190,000 net acres.
By Dale LunanPOSTED IN:
Canadian Montney producer Crew Energy said September 21 it had achieved certification for its northeast BC natural gas production under Equitable Origin’s EO100™ Standard for Responsible Energy Development.
The certification confirms Crew’s best-practice methods for environmental, social and governance (ESG) performance across the five principles of the EO100™ standard: corporate governance, transparency and ethics; human rights, social impacts and community engagement; indigenous peoples’ rights; fair labour and working conditions and climate change, biodiversity and environment.
“We are very proud that Crew’s leading ESG practices have been recognized through the rigorous EO100™ certification,” Crew CEO Dale Shwed said. “We have strived to continuously reflect our values of high integrity and ethical behavior across all aspects of our business.”
Crew Energy produced about 158mn ft3/day of natural gas in Q2 2022 from 341 net sections (about 218,000 net acres) of Montney land, which contain an estimated 2.4 trillion ft3-equivalent (ft3-e) of proved plus probable reserves. The certification, according to assessor AECOM Canada, covers about 210mn ft3-e/day of production from 299 wells, eight batteries, five compressor stations and two gas processing plants.
