Sustainability

A leader among our peers in ESG stewardship.

We prioritize the safety and health of our employees while supporting the professional development of our diverse and thriving team. We are a leader in environmental stewardship, integrating processes and goals throughout the organization while encouraging technical and innovative solutions to safeguard our surroundings. We seek to build and maintain strong partnerships with our stakeholders by investing in and connecting with the communities where we live and work, and to be transparent in reporting our progress in these areas. Our business strategy is designed for long-term profitable sustainability.

CDP Scores

2023 Overall Score:

A-

2023 Supplier Engagement Score:

A-

We are proud to share the most recent strides we have made in not just living up to industry and societal standards, but also to our own:

2023

Superior safety metrics including a total recordable incident rate of 0.20 per 200,000 hours worked, contractors plus employees, a 38% improvement from 2022.
Reported spill rate for 2023 was 0.006 per 1,000 Bbls of produced fluids, a 45% improvement from 2022.
Set up a Midland Basin Operations Surveillance Room (OSR) that allows for 24/7/365 monitoring by the Company’s Operations Specialists. In addition to enhanced monitoring, this technology allows for real-time notification with alarms to field personnel to improve our response time to unsafe, hazardous, or downtime events. The OSR has advanced our ability to proactively respond to equipment irregularities, and to identify and provide timely response to spill and emissions events, safety concerns, and theft.

2022

Developed operations EHS dashboard that provides nearly real-time tracking of the company’s safety and environmental performance, available to all employees.
Completed controlled emissions test simultaneously evaluating 5 different technologies.
Conducted aerial LiDAR flyover baseline study of 100% of operational locations.
Began monthly aerial LiDAR flyovers of all OOOOa locations in Midland Basin.

2021

Initiated water recycling with neighboring operators.
Participated in pilot aerial light detection and ranging (LiDAR) flyover program covering ~30 locations.
Met internal goals for implementing LDAR at 100% of Midland Basin and 100% of South Texas locations.
Developed corporate ESG and EHS dashboard to monitor essential data used by management and presented quarterly to the Board of Directors.
Established near- and medium-term emissions reduction targets for flaring, GHG and methane.
Conducted and reported scenario analysis applying International Energy Agency Sustainable Development Scenario assumptions.

2020

Initiated testing dual-fuel technology for completions operations.
Increased the ESG-related duties and renamed an existing committee of our Board of Directors to the Environmental, Social and Governance Committee.

2019

Added gas pipeline interconnections that serve to reduce flaring.
Exceeded internally set goal by implementing LDAR at 100% of Midland Basin and 50% of South Texas locations.

2018

Built water handling infrastructure in Howard County, which reduces emissions, truck traffic and operating costs.
Implemented compressed natural gas on first SM Energy dual-fuel rig.
Locally sourced 100% of sand for Midland Basin operations.

2016

Began utilizing solar power at select operations sites.
Initiated leak detection and repair (LDAR) in accordance with the Environmental Protection Agency’s (EPA) OOOOa.

Learn more about our Environmental efforts.

Learn more about our Social commitments.

Learn more about our Governance practices.