Independent certification reinforces CRC’s leadership in emissions transparency and commitment to California’s climate goals.
California Resources Corporation (NYSE: CRC) received a ‘Grade A’ certification through MiQ’s Methane Emissions Performance Standard for its production segment operating assets in Ventura County. CRC earned a ‘Grade A’ certification in 2024 for its Los Angeles Basin assets and remains the only oil and natural gas producer in California and the Rocky Mountain Region to receive MiQ certification.
“Earning ‘Grade A’ certifications from MiQ provides independent, third-party verification of CRC’s commitment to lower emissions energy production,” said Francisco Leon, CRC President and Chief Executive Officer. “We’re proud that our operations continue to meet the highest standards for methane emissions performance, and we remain dedicated to helping California achieve its ambitious climate goals while ensuring the state’s energy needs are met safely and reliably.”
CRC plans to continue working with MiQ to certify its production across California.
MiQ is the not-for-profit global leader in methane emissions certification whose mission is to accelerate rapid reductions in methane emissions from the oil and gas sector. To achieve MiQ’s ‘Grade A’ certification, CRC earned high rankings in the three scoring categories: company practices, monitoring technology deployment, and methane intensity.
“The independent certification of a second California Resources Corporation asset underscores the company’s commitment to reducing methane emissions,” said Georges Tijbosch, Chief Executive Officer of MiQ. “MiQ is providing trusted, independently verified data on emissions that ensures accountability, incentivizes improvements, and provides governments, regulators, and end-users the confidence they need while we transition to a clean energy future.”
