California Resources Corporation Achieves 'Grade A' Certification for its San Joaquin Valley Basin Assets

Third consecutive independent MiQ certification underscores CRC’s commitment to meeting California's energy needs responsibly

BAKERSFIELD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) announced today that it has received a ‘Grade A’ certification through MiQ, the global methane certification and verification standard, for production segments across their San Joaquin Valley operating assets in Fresno and Kern Counties. This marks CRC’s third MiQ certification, with the majority of production now under independently verified standards, further reinforcing CRC’s leadership in low-methane intensity.

“CRC is committed to operating responsibly by holding ourselves to standards that go beyond regulatory requirements,” said Francisco Leon, CRC President and Chief Executive Officer. “Independent validation of emissions performance across most of our production reflects how we do business—providing reliable, responsibly sourced energy for California while protecting the environment and supporting the communities where we operate.”

MiQ’s certification process delivered measured, independently verified reporting, with CRC’s ‘Grade A’ certification resulting from high rankings in the three scoring categories: company practices, monitoring technology deployment, and methane intensity. At a time when buyers, regulators and investors are demanding credible, transparent evidence of methane performance, CRC’s certification demonstrates the potential for the industry to drive down methane emissions.

“Earning three ‘Grade A’ certifications in just a few months underscores CRC’s sustained commitment to high level methane performance. It also demonstrates the level of operational excellence and accountability that can be embedded at scale – qualities that are becoming increasingly critical as market expectations and regulations continue to evolve. I want to congratulate the entire CRC team on this continued leadership and look forward to continued certification of their production in California,” said Georges Tijbosch, Chief Executive Officer of MiQ.

For more information about CRC’s sustainability efforts, please visit.

About California Resources Corporation
California Resources Corporation (CRC) is an independent energy and carbon management company advancing the 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.

About MiQ
MiQ is a global leader in methane emissions certification and data. Our not-for-profit mission is to accelerate the transition to lower methane 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 and tracing throughout the entire supply chain.