HOUSTON – May 4, 2022 – Our Nation’s Energy Future (“ONE Future”) today announced that Arsenal Resources LLC (Arsenal) has joined the Coalition. Arsenal is an independent exploration and production company headquartered in Wexford, Pennsylvania; they are engaged in the acquisition, exploration, and development of natural gas properties in the Appalachian Basin. Arsenal will report within the Production and Gathering & Boosting sectors.
“Arsenal has a proud culture of safety – both in the workplace and in our communities,” said Jonathan Farmer, President and CEO, Arsenal Resources LLC. “With this new commitment to ONE Future, we are excited to grow and build upon that safety promise, making us a strong steward of the environment and of our human resources.”
The ONE Future Coalition is a group of more than 50 natural gas companies working together to voluntarily reduce methane emissions across the natural gas value chain to 1% (or less) by 2025 and is comprised of some of the largest natural gas production, gathering & boosting, processing, transmission & storage and distribution companies in the U.S. and represents more than 20% of the U.S. natural gas value chain.
“I’m thrilled to see Arsenal join the Coalition,” said Jim Kibler, Executive Director, ONE Future. “Arsenal has an excellent track record of environmental concern, a key characteristic of our members, and we are excited to have them as a partner in the Appalachian Basin.”
Through the efforts of coalition members, ONE Future has surpassed its one percent goal in each of the four years that it has reported its methane intensity. The 2021 Methane Intensity Report, released in November 2021, registered an intensity level of 0.424% (versus the 2025 goal of 1.0%), beating its one percent goal by 58%. This means that methane emissions by coalition members across the natural gas value chain consisted of less than one-half of one percent of all natural gas produced and delivered, demonstrating that the natural gas industry can minimize methane emissions and increase production and throughput while supplying much-needed energy to the U.S. and around the globe for years to come.
About Arsenal Resources LLC
Arsenal Resources LLC is an independent exploration and production company headquartered in Wexford, Pennsylvania that is engaged in the acquisition, exploration, and development of natural gas properties in the Appalachian Basin. Through the strategic employment of select technologies, the Company achieves continuous improvement in efficiencies and production results. If you would like more information about Arsenal Resources LLC, please contact (724) 940-1100 or visit https://www.arsenalresources.com/
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 50 companies accounting for some of the largest natural gas producers, transmission, and distribution companies in the U.S. ONE Future members operate in 16 out of the 38 production basins and have distribution operations in 36 out of the 50 states, other segments of the value chain operate in multiple regions of the country as well. Therefore, 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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