Esg Targets

OUR TARGETS

2021 PROGRESS

LOOKING FORWARD

GHG Emissions

By 2025, reduce our emissions intensity by 65% from our 2018 baseline

Reduced our emissions intensity by 52% compared to our 2018 baseline

Execute our first annual GHG mitigation budget and develop an emissions reduction pathway to 2025 and beyond

ABANDONMENT AND RECLAMATION

Restore our 2020 end-of-life well inventory through our ”4,500 Wells by 2040”initiative, returning them to their pre-disturbance productivity

Completed 198 well abandonments – the most in company history

Five-year commitment to invest $100 million from 2022 to 2026, or approximately $20 million per year

WATER USE

By 2022, evaluate and test new methods to reduce the freshwater use intensity of our operations

Pilot projects resulted in
40% of completions water
coming from non-fresh water sources

Develop an internal water management framework that prioritizes reducing freshwater use

ENGAGEMENT AND DIVERSITY

By 2022, expand our baseline to include multiple dimensions of diversity and enhance our processes to measure employee engagement

Completed a 3rd party employee engagement survey and set a baselines for engagement and key diversity variables

Committed to at least 30% of our directors being women by our 2023 shareholder meeting