Oil and gas industry performance for 2010
The Canadian Association of Petroleum Producers has released its second annual Responsible Canadian Energy Progress Report which details the oil and gas industry’s performance in the areas of people, air, land and water.
The 2010 report features performance indicators and analysis to address industry performance in Western Canada, the oil sands and the Atlantic offshore industry. The Association also highlights shale gas development as an emerging issue, including concerns related to water and hydraulic fracturing.
“We believe our stakeholders and the public must have timely access to credible, objective information about our industry,” says CAPP President Dave Collyer.
“This report provides an opportunity to demonstrate our progress, to be candid about our challenges and to encourage a collaborative approach in pursuit of solutions.”
The goal of Canada’s oil and gas industry is continuous improvement of environmental, social and safety performance. Increasing transparency and public understanding of social and environmental performance is important to Canada’s oil and gas industry, as it is to Canadians, says Collyer.
Performance data from 2010 shows improvements in overall water use, safety, and air emissions. The report also identifies specific areas where more work is needed to improve performance, such as greenhouse gas emissions and water reuse in shale gas development.
“I am proud of industry’s overall track record and our commitment to continuous performance improvement. Technology and innovation will be a key driver in this regard, as will collaboration on technology development among industry, governments, research institutions and other stakeholders,” said Collyer.
The Association’s Responsible Canadian Energy is an association-wide performance reporting program based on data reported by its members, annual measurement and analysis of this data, as well as tools and resources for members to support continual performance improvement.
The program builds on nearly a decade of achievements through CAPP’s Stewardship initiative, addressing key areas for performance improvement with a renewed focus on transparency and accountability.
“We believe responsibly developed and consumed crude oil and natural gas will continue to play a foundational role in Canada’s and the world’s energy mix for many decades to come. Canada’s oil and gas industry is committed to delivering this energy to Canada and the world in a responsible way, every day,” said Collyer.
This year’s report is comprised of two components, a printed report that contains the highlights of our industry’s performance in 2010, and a project specific microsite that provides more comprehensive data. The objective is to ensure performance reporting is both credible and transparent.
To that end, an independent Advisory Group comprised of respected leaders representing academia/research, communities, contractors, investors, government/regulators, non-government organizations, labour and business has reviewed the report and has provided comments.