ONE Future Welcomes THQ Appalachia
April 7, 2021, – Our Nation’s Energy Future (ONE Future) today announced that THQ Appalachia (“THQA”) has joined the Coalition. THQA is a privately held, independent oil & gas exploration company focused on drilling and producing oil and clean-burning natural gas targeting the Marcellus, Utica, and Upper Devonian plays in West Virginia.
“THQA already makes conscientious efforts to reduce its methane emissions,” said Richard Hyde, Executive Director, ONE Future. “They are conducting regular site inspections, implementing safety programs, and monitoring all activity to be responsible stewards of the land and ensuring the safety of its communities. Their membership and participation in our efforts will be invaluable.”
ONE Future is focused on demonstrating an innovative, performance- and science-based approach to the management of methane emissions directed toward a concrete goal: to achieve an average rate of methane emissions across the entire natural gas value chain that is one percent or less of total (gross) natural gas production and delivery. As a ONE Future member, THQA will report its 2020 methane results to the Production sector and hold a seat on the board of directors.
“The safety of our employees, contractors, and the members of our community has always been a priority for us. Our commitment to the core values of faith, integrity, honesty, excellence, and technical innovation are visible in how we conduct ourselves every day. Through the utilization of technology, we strive to improve the efficiency of our operations, minimize our environmental impact, and create lasting partnerships within the communities where we live and work” said Sean Willis, Chief Operating Officer, THQA. “We look forward to working with our fellow member companies to build upon the successes of the Coalition and continue to demonstrate our collective commitment to continuous improvement in all facets of 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 in November 2020, registered a 2019 methane intensity number of 0.334%; beating its one percent goal by 67%. This means that methane emissions by coalition members across the natural gas value chain consisted of only about one-third 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 Tug Hill Operating
THQ Appalachia I, LLC (“THQA”), backed by an equity commitment from Quantum Energy Partners and the THQA management, is an exploration and production company focused exclusively on opportunities targeting the Marcellus, Utica, and Upper Devonian plays in West Virginia. THQA owns a significant leasehold position in the core of Marshall and Wetzel counties in West Virginia and plans continued growth through strategic acquisitions, leasing efforts and development operations.
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 41 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. Its members include Antero Resources, Apache, Ascent Resources, Atmos Energy, Berkshire Hathaway Pipeline Group, Blue Racer Midstream, Boardwalk Pipeline Partners, LP, Caerus Oil & Gas, Crestone Peak Resources, Crestwood, Consolidated Edison, Inc., Dominion Energy, DTE Energy, Duke Energy, EagleClaw Midstream, Enbridge, Encino, Equitrans Midstream, Hess, Jonah Energy, Kinder Morgan, National Grid, New Jersey Natural Gas, Northeast Natural Energy, NW Natural, ONE Gas, ONEOK, Sempra Energy, Southern Company Gas, Southern Star, Southwestern Energy, Spire Energy, Summit Utilities, TC Energy, Tug Hill Operating, UGI, Western Midstream, Williams, Woodland Midstream and Xcel Energy. For more information visit www.onefuture.us
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