HOUSTON – October 19, 2022 – Our Nation’s Energy Future (“ONE Future”) today announced that WhiteWater Midstream, LLC (“WhiteWater”) has joined the Coalition. WhiteWater is an Austin based infrastructure company that is partnered with multiple private equity funds and direct investors. WhiteWater will report its methane intensity results under ONE Future’s Transmission & Storage sector.
“WhiteWater is committed to identifying stakeholders, and engaging with them to serve the communities, people, and businesses that they impact,” said Jim Kibler, Executive Director, ONE Future. “We are proud to have been recognized as one such stakeholder, and we know that our partnership will serve to strengthen that reputation for them.”
“WhiteWater is focused on pursuing the latest technologies and implementing industry best practices to create more efficient transportation for our customers and reduce fugitive emissions, especially methane, which is a major priority to combat climate change,” said Christer Rundlof, a founder, and CEO of WhiteWater. “Our membership with ONE Future reinforces our project goals and we look forward to contributing.”
The ONE Future Coalition is a group of more than 55 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 25% 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 WhiteWater Midstream
WhiteWater is an Austin, TX based infrastructure company founded in 2016. WhiteWater is partnered with multiple private equity funds and direct investors. Since inception, WhiteWater has reached final investment decisions on ~$5.5 billion in greenfield development projects. For more information about WhiteWater Midstream, visit www.whitewatermidstream.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 55 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.
Media Contact WhiteWater
WhiteWater Investor Relations: www.wwdev.com
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