COMSTOCK RESOURCES, INC. PARTNERS WITH MiQ TO CERTIFY NATURAL GAS PRODUCTION
Comstock will use the MiQ Standard, a framework that assesses and grades methane emissions intensity, enhanced monitoring technology deployment and operating practices that promote a culture of emissions management and continuous improvement, for its facilities in
The partnership highlights Comstock's ongoing commitment to produce natural gas under strict environmental standards and deliver differentiated, responsibly sourced gas based on methane intensity to both domestic and international markets. Comstock's goal is to achieve the MiQ certified natural gas status in the first half of 2022.
Comstock has engaged
MiQ is a not-for-profit partnership between RMI, formerly the
George Tijbosch, Senior Advisor at MiQ, said: "Methane abatement remains a huge priority for the world achieving its climate goals and we welcome the partnership with
MiQ has developed a universally applicable certification standard for credibly assessing the methane emissions performance of natural gas production around the world. The standard is independent, third-party audited, quantitative and graded across a sliding A-F scale based on three metrics: methane intensity, company practices and methane detection technology deployment. MiQ's Certification scheme is designed to improve transparency surrounding methane emissions and provide the backbone for a level playing field across the global natural gas market.
A MiQ Certificate represents the methane emissions performance attributes of a MMBTU of gas. To prevent double-counting, MiQ maintains a digital registry of all MiQ Certificates from Issuance through to Retirement. Visit www.miq.org for more information.
This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct.
Ron MillsVP of Finance and Investor Relations Comstock Resources972-668-8834 firstname.lastname@example.org
Source: Comstock Resources, Inc.