FOR IMMEDIATE RELEASE: April 18, 2022
MEDIA CONTACT: Karina Araujo
Texan by Nature
Texan by Nature Partners with EOG Resources, Texas A&M Natural Resources Institute, & EcoMetrics LLC to Quantify Economic Value of Rangeland Restoration
The study takes place with EOG landowner partners in the Eagle Ford Shale play
[La Salle County, Texas]: Texan by Nature (TxN) today announced a new partnership with EOG Resources Inc. (EOG), Texas A&M Natural Resources Institute (NRI), and EcoMetrics, LLC (ECO) collaborating on a 2-year project to quantify the environmental and economic return of restoring rangeland in the Eagle Ford shale play with native vegetation. This study is a fundamental instrument in TxN’s goal to quantify the carbon sequestration, water quality and quantity, and biodiversity benefits of native restoration. Outcomes from the project will be shared with industry partners to demonstrate the value of investing in conservation in conjunction with energy development and provide an approach to quantifying the benefits of future conservation projects.
“EOG’s investment in this conservation research study is a prime example of the pioneering steps industry leaders in our state are taking to demonstrate innovative models of conservation that are good for business and benefit all Texans,” says Joni Carswell, CEO & President at Texan by Nature. “We are proud to connect industry leaders with conservation experts to accelerate replicable projects and models for the globe.”
“EOG seeks to innovate throughout our operations using technology and science supported by data,” says Nick Groves, Vice President of Safety and Environmental at EOG Resources, Inc. “We want to develop science-based and data-backed conservation models for our sustainability efforts as well as the industry’s. This collaboration with TxN, NRI, and ECO is a fundamental step toward reaching this goal.”
EOG previously received Texan by Nature Certification for a pollinator project in its Eagle Ford shale play aimed at reseeding 350 acres of native pollinator habitat on downsized pipeline rights-of-way and well pad sites, creating a network of wildlife food plots over thousands of acres.
“Working with industry leaders in these key areas of research is incredibly important,” says Roel Lopez, Director at Texas A&M Natural Resources Institute. “This study will provide industry members with data they need to make decisions on how to meet sustainability goals.”
For additional information on the project, please contact Texan by Nature.
About Texan by Nature:
Texan by Nature (TxN) unites conservation and business leaders who believe Texas’ prosperity is dependent on the conservation of its natural resources. TxN, founded by former First Lady Laura Bush, acts as an accelerator for conservation groups and a strategic partner for business. TxN supports 110+ conservation organizations and has accelerated projects and programs that have impacted 7 million-plus people, 20 million acres, and all of Texas’ 254 counties Get involved and learn more at www.texanbynature.org and follow us on Facebook @TexanbyNature, Twitter @TexanbyNature, and Instagram @texanbynature for the latest.
About EOG Resources:
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.
About EcoMetrics LLC: EcoMetrics LLC is an organization that provides the expertise to quantify and monetize benefits from projects built upon inputs from stakeholders. EcoMetrics is a methodology that captures the Full Value of a project’s environmental, social and economic impacts in a format that is fully documented, verified, and ready for audit. This framework and assessment methodology that companies of all types can apply to a variety of initiatives and projects. EcoMetrics is committed to providing the business case needed data and metrics to quantify and monetize the benefits of nature-based solutions to incentivize widespread adoption of these practices. Originally created by Restore the Earth Foundation to document the value created of their restoration efforts, EcoMetrics is now a stand-alone offering that can be applied to a variety of project and activity types.
About Texas A&M Natural Resources Institute:
Texas A&M Natural Resources Institute works to improve conservation, management of natural resources and private land stewardship through interdisciplinary and applied research, education and policy. We are committed to solving natural resource issues and engaging land managers, citizens and policymakers throughout the process. We are where conservation and applied research meet.