Business report

PennEnergy, an Oklahoma company in the market, delivers natural gas

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PennEnergy Resources, an Appalachian Basin investment holding company, and Oklahoma-based Williams, a clean energy transmission, storage and delivery solutions company, recently agreed to support commercialization and delivery of new generation certified low-emission natural gas.

Under the agreement, the companies will use an independent, third-party certification process to verify that best practices for reducing emissions are being followed and that natural gas is produced in an environmentally responsible manner.

Natural gas from Appalachia comes from PennEnergy’s 378 producing wells in southwestern Pennsylvania. The wells have earned Project Canary’s TrustWell certification and the well pads have achieved Platinum status, the highest rating available.

“We are excited about this partnership and future opportunities to provide responsibly sourced natural gas to meet growing market demands,” said Rich Weber, president and CEO of PennEnergy Resources. “PennEnergy welcomes higher standards in the marketplace, which play to our strengths, underscoring our dedication and investments made over many years to ensure the safety of our employees, the community and the environment.”

Williams strives to sell low-carbon, next-generation gas to utilities, LNG export facilities and other clean energy users. The agreement is part of the company’s strategy to collect, market and transport low-carbon natural gas.