EQT Corporation announced that it has joined a project being led by Cheniere Energy, Inc., and including several other upstream operators and leading academic institutions, with the purpose of advancing quantification, monitoring, reporting and verification ("QMRV") of greenhouse gas ("GHG") emissions performance at natural gas production sites. The project is intended to improve the overall understanding of upstream GHG emissions and further the deployment of advanced monitoring technologies and protocols. As part of this collaborative R&D initiative, multiple ground-based, aerial, and satellite monitoring technologies will be utilized to establish baseline emissions levels, monitor sites for carbon dioxide emissions and both fugitive and vented methane emissions, verify emissions performance and identify opportunities to reduce emissions.

Independent technical experts will verify the emissions data. EQT's participation in the project will cover 9 wells located in southwestern Pennsylvania. The project will follow a QMRV protocol designed by Cheniere and a QMRV plan jointly developed by Cheniere and EQT, which has been specially tailored to EQT's operations and facilities.

EQT will also deploy continuous detection technologies as part of this project. The project is supported by researchers from Harrisburg University of Science and Technology, Payne Institute for Public Policy at the Colorado School of Mines, SLR International, and other emissions monitoring technology providers including Montrose Environmental, SeekOps Inc., Bridger Photonics Inc. and GHGSat.