Foremost International oil and gas company, Chevron, has received the highest rating award from Project Canary, for its approach to being a lower carbon energy leader.

Fresh Angle International understands that Project Canary is a data analytic company, that provides environmental assessments with the energy sector.

The Denver-based tech company, recently assessed five of Chevron’s upstream sites in the Midland Basin (part of the larger Permian Basin in Texas) and the DJ Basin’s Mustang Development Area in Colorado.

Project Canary, reportedly analyzed 85 of Chevron’s wells, resulting in 82 wells achieving platinum status and three wells receiving gold status.

The Tech company’s TrustWell™ ratings, are based on a rigorous lineup of factors, setting the bar high for recognition. They include:

• Risk condition assessments
• Engineering practices
• Operational impacts on the community, air and land
• A review of technique throughout the management systems, including preventative controls, surveillance and response

A statement obtained yesterday, Thursday June 30 from the verified twitter handle of Chevron, explained the importance of the recognition thus: “Project Canary’s assessment differentiates Chevron by providing further evidence that we are striving to be a leading lower carbon producer. It also validates our approach to production and helps identify ways we can improve.

“Later this year, Chevron will market its newly certified assets as responsibly sourced gas (RSG). Consumers who buy RSG are supporting gas produced under the highest air, water, land and community standards as certified by a third party.

“Buyers of RSG certified by Project Canary can have confidence that each producing well has been reviewed and verified for aspects of Chevron’s environmental and social performance,” said Project Canary co-founder Chris Romer”.

This Newspaper gathered that companies that receive platinum designations are found to be more responsible than 90% of competitors, while gold status designations are given to those more responsible than 75% of other operators. Those in the silver category are more responsible than 50% of operators.

×