California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets
California Resources Corporation (NYSE: CRC) announced it received MiQ ‘Grade A’ certification for its Ventura Basin production assets on Nov 18, 2025. CRC previously earned a Grade A for its Los Angeles Basin assets in 2024 and is described as the only oil and natural gas producer in California and the Rocky Mountain Region to hold MiQ certification.
The certification reflects high scores in company practices, monitoring technology deployment, and methane intensity, and CRC says it plans to continue working with MiQ to certify production across California.
California Resources Corporation (NYSE: CRC) ha annunciato di aver ricevuto la certificazione MiQ di tipo 'Grade A' per i suoi asset di produzione nella Ventura Basin il 18 novembre 2025. CRC aveva precedentemente ottenuto un Grade A per i suoi asset della Los Angeles Basin nel 2024 ed è descritta come l'unico produttore di petrolio e gas naturale in California e nella regione delle Montagne Rociose a detenere la certificazione MiQ.
La certificazione riflette punteggi elevati in pratiche aziendali, implementazione della tecnologia di monitoraggio e intensità di metano, e CRC afferma di pianificare di continuare a collaborare con MiQ per certificare la produzione in California.
California Resources Corporation (NYSE: CRC) anunció que recibió la certificación MiQ de grado A para sus activos de producción de la cuenca de Ventura el 18 de noviembre de 2025. CRC ya había obtenido un Grado A para sus activos de la cuenca de Los Ángeles en 2024 y se describe como el único productor de petróleo y gas natural en California y la región de las Montañas Rocosas que posee la certificación MiQ.
La certificación refleja puntuaciones altas en prácticas de la empresa, implementación de tecnología de monitoreo y intensidad de metano, y CRC dice que planea seguir trabajando con MiQ para certificar la producción en California.
California Resources Corporation (NYSE: CRC)은 Ventura Basin 생산 자산에 대해 MiQ 'Grade A' 인증을 2025년 11월 18일에 받았다고 발표했습니다. CRC는 이전에 2024년에 Los Angeles Basin 자산에 대해 Grade A를 획득했으며 캘리포니아 및 로키 산맥 지역의 유일한 석유 및 천연가스 생산업체로 MiQ 인증을 보유한 것으로 간주됩니다.
이 인증은 기업 관행, 감시 기술 배치 및 메탄 강도에서 높은 점수를 반영하며, CRC는 MiQ와 협력하여 캘리포니아 전역의 생산을 인증하는 것을 계속할 계획이라고 합니다.
California Resources Corporation (NYSE: CRC) a annoncé avoir reçu la certification MiQ 'Grade A' pour ses actifs de production dans le bassin de Ventura le 18 novembre 2025. CRC avait précédemment obtenu un Grade A pour ses actifs dans le bassin de Los Angeles en 2024 et est décrite comme le seul producteur de pétrole et de gaz naturel en Californie et dans la région des montagnes Rocheuses à détenir la certification MiQ.
La certification reflète des scores élevés dans les pratiques de l'entreprise, le déploiement de la technologie de surveillance et l'intensité du méthane, et CRC indique qu'elle prévoit de continuer à travailler avec MiQ pour certifier la production à travers la Californie.
California Resources Corporation (NYSE: CRC) gab bekannt, dass sie die MiQ 'Grade A'-Zertifizierung für ihre Produktionsanlagen im Ventura-Becken am 18. November 2025 erhalten hat. CRC hatte zuvor Grade A für seine Anlagen im Los Angeles Basin im 2024 erhalten und wird als der einzige Öl- und Erdgasproduzent in Kalifornien und der Region Rocky Mountain beschrieben, der die MiQ-Zertifizierung besitzt.
Die Zertifizierung spiegelt hohe Werte in Unternehmenspraktiken, Implementierung der Überwachungstechnologie und Methanintensität wider, und CRC sagt, dass man beabsichtigt, weiterhin mit MiQ zusammenzuarbeiten, um die Produktion in Kalifornien zu zertifizieren.
California Resources Corporation (NYSE: CRC) أعلنت أنها تلقّت شهادة MiQ من الدرجة A لعمليات الإنتاج في حوض فينتورا بتاريخ 18 نوفمبر 2025. كما أن CRC حصلت سابقاً على الدرجة A لعملياتها في حوض لوس أنجلوس في 2024 وتوصف بأنها المنتج الوحيد للنفط والغاز في كاليفورنيا ومنطقة جبال روكي الذي يحمل شهادة MiQ.
تعكس الشهادة درجات عالية في ممارسات الشركة ونشر تكنولوجيا الرصد وشدة الميثان، وتقول CRC إنها تخطط لمواصلة العمل مع MiQ لتوثيق الإنتاج عبر كاليفورنيا.
- MiQ Grade A for Ventura Basin assets (Nov 18, 2025)
- MiQ Grade A for Los Angeles Basin assets in 2024
- Only oil and gas producer in California and Rocky Mountain Region with MiQ certification
- None.
Independent certification reinforces CRC’s leadership in emissions transparency and commitment to California’s climate goals
VENTURA, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- 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.”
For more information about CRC’s sustainability efforts, please visit crc.com/sustainability.
About California Resources Corporation
California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects. For more information about CRC, please visit www.crc.com.
About MiQ
MiQ is a global leader in methane emissions certification and data. Our mission is to accelerate the transition to lower emissions gas by providing a credible and transparent certification system that drives regulatory compliance, incentivizes continuous improvement, and ensures methane accountability in the oil and gas sector throughout the entire supply chain.
Forward-Looking Statements
This document contains statements that CRC believes to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than historical facts are forward-looking statements, and include statements regarding CRC's future financial position, business strategy, projected revenues, earnings, costs, capital expenditures and plans and objectives of management for the future. Words such as “expect,” “could,” “may,” “anticipate,” “intend,” “plan,” “ability,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “guidance,” “outlook,” “opportunity” or “strategy” or similar expressions are generally intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements.
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CRC Media
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FAQ
What did CRC announce on Nov 18, 2025 about MiQ certification for Ventura Basin (CRC)?
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