Environment

At Ovintiv, we produce the affordable, reliable and safe energy our world needs, but we recognize that it comes with impacts. We will be at the forefront of driving innovation to both profitably and sustainably produce oil and gas. 

By taking a stewardship approach to our environmental protection efforts, we can reduce our footprint and—as a leading operator—serve as a powerful example within our industry.  With measured and purposeful goal setting, engaged governance and employee ownership, we show our commitment to driving ESG progress. Innovating in pursuit of efficiency is what we do best, and that includes continuously improving our environmental performance.

 

Overview Contents

Highlights

  • Aligned fully with the World Bank Zero Routine Flaring Initiative as of September 1, 2021, nine years ahead of the World Bank’s 2030 compliance target
  • Delivering on our 33% methane intensity reduction target in 2021, four years ahead of schedule  
  • Have line of sight to a greater than 20% reduction in our Scope 1&2 GHG intensity by year-end 2021, measured against our 2019 baseline 
  • Committed to establishing  Scope 1&2 GHG emissions and methane intensity targets tied to 2022 compensation  
  • Established an emissions reduction taskforce led by our Chief Engineer
  • Implemented an emissions dashboard to enable real-time monitoring of emissions performance

Emissions and Climate Change

We are committed to reducing our air impact through strategic design, innovation and efficiency for the lifecycle of our operations. To deliver measurable results on this commitment, we set a goal to reduce methane intensity by 33% by 2025. We are on-track to achieve this reduction in 2021, four years ahead of schedule.  Additionally, we have line of sight to a greater than 20% reduction in our Scope 1 & 2 GHG intensity by year-end 2021, measured against our 2019 baseline. 

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Operational Innovation

We believe that innovation, efficiency and technology are the most effective and decisive methods for minimizing our environmental footprint. As part of our operational strategy, we challenge our teams to identify and implement new ways to enhance our processes. 

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Water Stewardship

We manage water efficiently, taking responsibility for the use of this valuable resource.

Although access to water and water scarcity are global issues, we tailor our water management approach to address local and regional water concerns. Using the World Resources Institute (WRI) Aqueduct Water Risk Atlas, we determined that 75% of the counties where we operate have medium to low water stress levels. In operating areas which are considered to have high or extremely high levels of water stress, we incorporate that knowledge into our water management plans.

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Decommissioning & Reclamation

We understand that we need to decommission and restore sites once a well has reached its end of life.  Site closure begins by reviewing the site’s operational history, identifying and addressing any potential substances, wastes or hazardous materials and improving, and/or reclaiming disturbed land to productive and sustainable uses.

We take a collaborative approach to remediate and reclaim the land to make sure it aligns with landowner and stakeholder expectations for future use.  We developed joint venture and direct Indigenous partnerships in our site closures throughout our operating areas.  

We follow all regulatory requirements and work hard to make sure we reduce our disturbances in a timely way.

Biodiversity, Site Assessment & Conservation

We follow a rigorous site assessment program to help ensure protection for land and water resources, wildlife and habitats during our operational lifecycle. Developed by biology and environmental experts, our process aligns development plans with a thoughtful approach to ecosystem protection.

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Waste Management

The effective management of our waste materials helps to reduce our environmental impact. We promote the recycling or reusing of materials in our operations. For those materials that can’t be recycled, we have processes for transportation, treatment and disposal in compliance with regulatory requirements. Our service providers must also abide by our standards and comply with all regulations.

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Naturally Occurring Radioactive Materials

Naturally Occurring Radioactive Materials (NORM) are substances enriched with radioactive elements and most often associated with produced water treatment and handling operations.

Our NORM management process identifies and controls NORM in our facilities to protect the health of our employees and service providers. We have established roles, responsibilities and training requirements related to potential NORM exposures, and only specially-trained employees and service providers are permitted to work with impacted equipment. Any NORM-impacted waste is disposed of in strict compliance with jurisdictional regulations.

Induced Seismicity

Some areas of North America are experiencing increasing seismicity near certain oil and natural gas operations. Although the occurrence and risk of seismicity is generally very low, Ovintiv has occasionally observed induced seismicity in our operations linked to produced water disposal and hydraulic fracturing operations.  

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