California Resources Corporation has obtained a 'Grade A' certification from MiQ for its San Joaquin Valley Basin assets, representing the company's third consecutive independent methane certification. The rating applies to CRC's operational footprint across Fresno and Kern Counties, validating the company's methane intensity levels relative to industry benchmarks.
MiQ's certification framework assesses methane emissions across production operations, with ratings ranging from A to D based on measured intensity data. CRC's achievement reflects the company's focus on operational practices designed to minimize methane release during oil and natural gas extraction and processing in California's largest producing region.
The certification comes as energy producers face increasing scrutiny regarding methane emissions, with regulatory bodies and investors emphasizing the importance of quantified, third-party verified environmental performance metrics. CRC's consecutive certifications indicate sustained compliance with the assessment criteria across multiple reporting periods.