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Circular Economy

The road to a Circular Economy

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Global

Operational Excellence

We’re continuing to adopt circular economy principles across our drilling operations

by applying the 3 Rs

  • Reduce
  • Reuse
  • Recycle

We’re improving how materials are managed across our wells

This includes integrating closed-loop thinking into logistics and fluid systems as opposed to using materials once and disposing of them

In 2023 alone, we

  • reused

6,000+ assets and 8,500 tons of metal pipe

  • recycled

3.9M barrels of drilling fluids

  • reduced

13M barrels of water and 3M barrels of wastewater

We continue to advance circular economy practices to reduce emissions and improve operational efficiency