Kelly Bott and Jason Oates from Pure West Energy, share their journey of achieving their NetZero goals
- PureWest Energy, a pure-play gas producer based in Denver, is achieving a carbon-neutral barrel by focusing on responsibly-sourced gas.
- The company has gone through the certification process and had previously certified 100% of its production with Project Canary.
- They use blockchain technology to transact and create an irrefutable record of the environmental attributes of their gas.
- The market is evolving towards measurement, monitoring, reporting, and verification.
- PureWest Energy is working with CleanConnect to match data on gas production with emissions processes and use camera technology to prove emissions profiles.
- The company believes that demand for differentiated gas is growing, particularly from industrial and LNG markets with tight emission standards. They see a future where energy security and emissions concerns can coexist.
- The company is also exploring opportunities in the oil market, as oil producers are experiencing similar pressures and are interested in certification and monitoring.
- The key to further progress in the market is standardization and agreement on metrics for emissions intensity.
- While achieving zero methane emissions by 2030 may be challenging, the goal is to differentiate and strive for continuous improvement.
