Global Oil & Gas Exploration Company

Environment

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Safeguarding the environment is a key aspect of our value, which set the framework for how we operate. Managing environmental impacts — including water and energy use, air emissions, waste and spills — is an important aspect of the work we do every day. We dedicate significant staff and resources to help ensure compliance with environmental laws and regulations, international standards and voluntary commitments. To track our environmental performance and drive improvement over time, we use key performance metrics — including several factored into our annual incentive plan — at the asset and enterprise levels.


Water Management:- Water management is one of our material issues and a key element of our environment, health, safety and social responsibility strategy. Water is a critical resource for our onshore exploration and production operations, where it is used primarily for cooling purposes in both our upstream and midstream operations, as well as for drilling and completions, including hydraulic fracturing. We know water is also an important resource for the communities and ecosystems in which we operate. In some areas where we operate, our water use may be restricted by local limitations on water supply and disposal. We are committed, throughout our operations, to evaluating and reducing our water footprint. We continue to develop our risk-based, lifecycle approach to managing water, as well as associated improvements to our water data collection process.


Leak Detection and Repair:- We employ a leak detection and repair (LDAR) program at our production facilities. The LDAR program covers each fugitive emissions component at these facilities. The Environmental Protection Agency defines a “production facility” as “all structures, piping, or equipment used in the production, extraction, recovery, lifting, stabilization, separation or treating of oil, or associated storage or measurement, and located in an oil or gas field.” The agency defines “fugitive emissions component” as “any component that has the potential to emit fugitive emissions of methane or volatile organic compounds at a well site, production facility or compressor station, including but not limited to valves, connectors, pressure relief devices, open-ended lines, flanges, covers and closed vent systems, thief hatches or other openings on a storage vessel, compressors, instruments and meters.”