DEPARTMENTS • ENVIRONMENT, SOCIAL AND GOVERNANCE
Hess earns 100% score
on Corporate Equality Index
Hess announced it has achieved a score
of 100% on the Human Rights Campaign’s
Corporate Equality Index for 2022 and
earned the designation as one of the Best
Places to Work for LGBTQ+ Equality. For
the third consecutive year, Hess also has
earned a place on the Bloomberg Gender-
Equality Index , which tracks the perfor-
mance of public companies committed to
achieve or adopt best-in-class statistics
or policies and to transparency in gender-
data reporting.

Chevron seeks to certify
environmental performance
of select US land assets
The Transocean Enabler, contracted to Equinor, will drill a carbon injection well
and sidetrack for the Northern Lights Carbon Capture Storage Project this year.

Transocean to drill wells for Northern Lights project
Later this year, the Transocean
Enabler semisubmersible will drill one
carbon injection well and a sidetrack for
another carbon injection well that had
been drilled in early 2020. The wells will
be drilled as part of Transocean’s current
drilling contract with Equinor and in
support of the Northern Lights Carbon
Capture Storage Project , a joint venture
by Equinor, Shell and TotalEnergies. The
project aims to mitigate emissions and
remove CO 2 from the atmosphere by cre-
ating the first cross-border, open-source
CO 2 transport and storage infrastructure
network in the European Union.

“Beyond our core business of drilling
ultra-deepwater and harsh-environment
wells, this is an excellent example of
how we can further leverage our rigs
and core competencies in support of
renewable and alternative energy proj-
ects in offshore markets across the
globe,” said Janelle Daniel, Transocean’s
Vice President of Human Resources,
Sustainability and Communications.

Upon completion, the Northern Lights
project will offer companies across
Europe the opportunity to store carbon
dioxide safely and permanently under-
ground. Parker outlines plan to achieve new goals in ESG report
Parker Wellbore recently launched a
plan to ensure the organization plays a
leading role in tackling climate change
challenges for its customers. The pro-
gram is outlined in the company’s inau-
gural ESG report .

“This report represents a new forum
for sharing our ESG trajectory, includ-
ing environmental stewardship, social
awareness, and strong corporate gov-
ernance, which are ingrained in our
mission, vision, values and company
strategy,” said Sandy Esslemont, Parker
10 Wellbore President and C EO. “Our lead-
ership team and stakeholders – includ-
ing customers, investors, employees
and the communities where we work –
appreciate that companies which excel
in ESG performance also achieve safe,
responsible and profitable operations.”
The company has conducted a green-
house gas (GHG) emissions study to
establish a baseline to help understand
historical and future GHG emissions
trends . This baseline provides a founda-
tion to set emissions goals in the future.

Chevron has announced a pilot project
with Project Canary to independently cer-
tify operational and environmental perfor-
mance in the company’s North American
upstream region.

Project Canary will use its TrustWell
Certification program to review and ana-
lyze aspects of the environmental and
social performance of individual wells and
facilities in the Permian Basin of Texas
and the DJ Basin of Colorado. Chevron will
also deploy the Canary X pad-level meth-
ane emissions monitoring units at select
locations. More than 600 data points within 24
operational categories are included in a
TrustWell analysis. Operators who earn
top rankings are determined by Project
Canary to utilize the highest standards and
practices across their operations.

The certification process is expected to
begin in the first half of 2022. Based on
ratings earned during the review process,
Chevron anticipates being ready to deliver
certified Responsibly Sourced Gas to mar-
ket by mid-2022.

Chevron says its 2020 US onshore pro-
duction methane intensity was already
85% lower than the US industry average .

The company has reduced fugitive meth-
ane and volatile organic compound emis-
sions through leak detection and repair,
low-/no-emissions pneumatic devices,
and centralized production facilities. The
company is also expanding its methane
detection capabilities to identify the best
opportunities to further lower emissions.

M A R C H/A P R I L 202 2 • D R I L L I N G C O N T R AC T O R