Circular Economy
The road to a Circular Economy
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Global Yesterday
Operational Excellence
Discover how circular economy principles enable us to increase efficiency, minimize waste, and optimize performance in our drilling operations.
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