ONE FUTURE WELCOMES WBI ENERGY
HOUSTON – July 27, 2022 – Our Nation’s Energy Future (“ONE Future”) today announced that WBI Energy, Inc. has joined the Coalition. WBI Energy delivers natural gas to local distribution companies, such as natural gas utilities that serve homes, businesses and industrial facilities that use natural gas to fuel their operations. WBI Energy will report its methane intensity results under ONE Future’s Transportation & Storage sector.
“The Coalition is proud to welcome WBI Energy as our newest member,” said Jim Kibler, Executive Director, ONE Future. “WBI Energy’s tenured history of pipeline safety will be an excellent asset to our members, and we look forward to both the information that they can share with us and the knowledge we can impart to them.”
“We focus constantly on ensuring the integrity of our pipeline system, from the quality of materials we purchase to inspections and maintenance after construction,” said Jeff Rust, executive vice president of operations for WBI Energy. “We are excited to join ONE Future. Our membership will help take our pipeline integrity to the next level and help ensure that we minimize emissions.”
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.
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 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.
About WBI Energy
WBI Energy, Inc. provides natural gas transportation and underground storage services through regulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions of the United States. WBI Energy’s customers include natural gas utilities that serve homes and businesses, natural gas processing plants that prepare gas for use in homes and businesses, and industrial facilities such as ethanol plants. WBI Energy is a subsidiary of MDU Resources Group, Inc. (NYSE: MDU). For more information about WBI Energy, visit www.WBIEnergy.com. For more information about MDU Resources, visit www.MDU.com.
Natural gas transmission pipelines provide a vital link between producers and consumers. Pipelines make it possible to deliver North America’s abundant natural gas reserves to fuel homes and businesses.
Media Contact ONE Future:
Beverly Jernigan
713-494-1733
[email protected]
Media Contact WBI Energy:
Laura Lueder, Manager of Communications and Public Relations
701-530-1095
[email protected]