We take our environmental responsibility seriously and are committed to continuous improvement across our operations. We continue to reduce environmental impacts at all stages of our operations through the thoughtful evaluation and implementation of new technologies, practices and procedures that can have the added benefit of reducing costs as well.
In 2023, we announced new ESG goals that tie directly to employee compensation. The goals include:
- Reduce methane emissions in U.S. onshore operations by converting more than 2,000 pneumatic devices to instrument air or through valve retrofit.
- Utilize at least 50% recycled, produced water for completions in U.S. onshore operations.
- Reduce Scope 1 greenhouse gases (GHG) intensity by 10-15% by 2030, with a near-term compensation-linked milestone to reduce at least 5% by 2025.
- Accelerate the reclamation of more than 150 plugged and abandoned (P&A) sites in U.S. onshore operations by year-end 2025.