Seneca Resources Jumps on “Responsibly Sourced Gas” Bandwagon

Whether we think it’s a good idea or not (we don’t), there is no denying that the Marcellus/Utica industry has collectively jumped off the RSG/ESG cliff. RSG stands for “responsibly sourced gas” and ESG is “environmental, social, governance.” Responding to pressure from investors and customers, most M-U drillers are now making moves to prove the natural gas they produce has been produced using practices that protect the environment. We say the gas has always been produced responsibly and we have nothing further to prove, but hey, who are we? The latest to join the crowd is Seneca Resources. The company announced yesterday will use Project Canary to certify its natural gas.

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