Diamondback Energy, Inc. Joins the Oil and Gas Methane Partnership 2.0
27 Março 2023 - 5:01PM
Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the
Company”) today announced that it has joined the Oil and Gas
Methane Partnership 2.0 (OGMP 2.0), the United Nations Environment
Programme’s flagship oil and gas reporting and mitigation program.
“Diamondback is proud to join OGMP 2.0 and apply
its emission reporting framework to our asset base in the Permian
Basin,” stated Travis Stice, Chairman and Chief Executive Officer
of Diamondback. “As we work towards achieving our emission
reduction targets, it’s paramount that we can rely on a framework
that improves the accuracy and transparency of methane emissions
reporting.”
“We are delighted that Diamondback Energy is taking action to
reduce methane emissions by joining OGMP 2.0,” said Giulia Ferrini,
OGMP 2.0 Project Manager, UNEP. “Oil and gas companies must be part
of the methane solution if we are to keep global warming to
1.5°C.”
In 2022, Diamondback committed to implement
continuous emission monitoring systems on facilities to cover at
least 90% of the Company’s operated oil production by the end of
this year. Diamondback also has a target to reduce methane
intensity by at least 70% from 2019 levels by 2024.
About Diamondback Energy, Inc.
Diamondback is an independent oil and natural
gas company headquartered in Midland, Texas focused on the
acquisition, development, exploration and exploitation of
unconventional, onshore oil and natural gas reserves in the Permian
Basin in West Texas. For more information, please visit
www.diamondbackenergy.com.
About OGMP 2.0
The Oil and Gas Methane Partnership 2.0 (OGMP
2.0) is the United Nations Environment Programme’s flagship oil and
gas reporting and mitigation program. OGMP 2.0 is the only
comprehensive, measurement-based reporting framework for the oil
and gas industry that improves the accuracy and transparency of
methane emissions reporting in the oil and gas sector. Already 100
companies with assets on five continents, representing over 35% of
the world's oil and gas production, have joined the partnership.
OGMP 2.0 members also include operators of natural gas transmission
and distribution pipelines, gas storage capacity and LNG terminals.
For more information, please visit ogmpartnership.com.
Forward Looking Statements
The foregoing release contains forward-looking
statements as defined by the Securities and Exchange Commission.
All statements, other than historical facts, that address
activities, events or developments that Diamondback assumes, plans,
expects, believes, intends or anticipates (and other similar
expressions) will, should or may occur in the future are
forward-looking statements. The forward-looking statements are
based on management’s current beliefs, based on currently available
information, as to the outcome and timing of future events,
including the current industry and macroeconomic conditions,
commodity pricing environment, production levels, any future
regulatory actions affecting Diamondback, the impact and duration
of the COVID-19 pandemic, acquisitions and sales of assets,
drilling and capital expenditure plans, environmental targets and
initiatives and other factors believed to be appropriate. Forward
looking statements are not guarantees of performance. These
forward-looking statements involve certain risks and uncertainties,
many of which are beyond Diamondback’s control and could cause the
actual results or developments to differ materially from those
currently anticipated by the management of Diamondback. Information
concerning these risks and other factors can be found in
Diamondback’s filings with the Securities and Exchange Commission,
including its reports on Forms 10-K, 10-Q and 8-K. Diamondback
undertakes no obligation to update or revise any forward-looking
statement as a result of new information, future events or
otherwise.
Investor Contact:Adam Lawlis+1
432.221.7467alawlis@diamondbackenergy.com
Diamondback Energy (NASDAQ:FANG)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Diamondback Energy (NASDAQ:FANG)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024