HOUSTON, Aug 18, 2021 – Our Nation’s Energy Future (“ONE Future”), a coalition of natural gas companies working together to voluntarily reduce methane emissions across the natural gas value chain to one percent or less, today welcomed HRM Resources III, LLC (“HRM”) to the coalition. HRM is a Colorado-based energy exploration and production company focused on the acquisition and development of long-lived oil and gas properties in the Rocky Mountain and mid-continent regions, and an industry leader in implementing sustainability practices.
“HRM has a proven track record of building value for its investors,” said Richard Hyde, Executive Director, ONE Future. “Nothing backs that commitment more than operational excellence with an added pledge to reduce emissions, and we feel confident HRM’s membership with the coalition will be a sound investment towards that goal.”
The ONE Future Coalition is comprised of more than 45 of the largest natural gas companies in the U.S., representing more than 15 percent of the U.S. natural gas value chain. As a ONE Future member, HRM will report its 2021 methane results within the Production sector and hold a seat on the board of directors.
“We build collaborative partnerships that help us improve our environmental performance and protect the communities where we operate,” said Roger Hutson, CEO of HRM Resources. “We strive for an open, accountable and transparent approach to stakeholder engagement and look forward to collaborating with the coalition to further our commitment to eliminate emissions at our operations.”
Through the efforts of coalition members, ONE Future has surpassed its one percent goal in each of the three years that it has reported its methane intensity. The 2019 Methane Intensity Report, released by the coalition in November 2020, registered a 2019 methane intensity of 0.334%, beating its one percent goal by 67 percent. The report provides clear evidence that the natural gas industry can minimize methane emissions and increase production and throughput while supplying much needed energy to the U.S. and the world for years to come.
About HRM Resources
HRM acquires and develops long-lived oil and gas properties in the Rocky Mountain and Mid-Continent regions with a high percentage of producing reserves with capital backing through Kayne Anderson Capital Advisors, L. P. (“Kayne Anderson”). HRM is the third endeavor with Kayne Anderson, with the previous two, HRM Resources and HRM Resources II, having been successfully divested in 2011 and 2017.
HRM operates properties in the Greater Green River Basin of Northwest Colorado and Southwest Wyoming and has extensive experience operating in a heavily regulated environment. With strong engineering and technical expertise and a skilled team of employees, HRM has a proven track record of building value for its investors by controlling costs, increasing production, and improving efficiency and environmental performance. Learn more here.
About ONE Future
ONE Future was formed when seven companies came together in 2014 with a focus to collectively achieve a science-based average rate of methane emissions across our facilities equivalent to one percent or less of total natural gas production. Since our formation, we have grown to more than 45 companies accounting for some of the largest natural gas producers, transmission, and distribution companies in the U.S. ONE Future members operate in 13 out of the 38 production basins and other segments of the value chain operate in multiple regions of the country, hence ONE Future’s data represent a geographically diverse and material share of the U.S. natural gas supply chain. For more information visit Home | One Future.
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