Validere & Xpansiv Partner on First Registered Responsibly Sourced Gas Agreement

Source: www.gulfoilandgas.com 9/7/2021, Location: North America

Validere, a leader in bringing product-data transparency to the oil and gas industry, has collaborated with Xpansiv to facilitate a landmark Responsibly Sourced Gas Agreement, the first of its kind to validate and register the origin, energy content, and methane intensity of the gas, all derived from independent data sources.

Validere’s Product Data Cloud creates a universal data layer that connects, tracks and audits commodities data, enabling primary measurements and certificates to be attached to specific molecules. This immutable data feeds into the Xpansiv Registry to provide data transparency, helping the industry make better decisions and transition toward a lower-carbon economy.

“Accelerating the energy transition requires real-time, accurate data tracking and insights,” said Nouman Ahmad, co-founder and CEO, Validere. “We’re proud to provide the foundational data layer that enables the industry to track each molecule. Partners like Xpansiv help us certify environmentally sourced products through its pioneering digital registry—including the recently announced responsibly sourced gas transaction.”

“Our partnership with Validere makes it possible for industry participants to differentiate their products based on ESG factors, including methane emissions,” said Andrew Pisano, head of XRegistries at Xpansiv. “It is central to our mission of bringing transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world.”


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