| Sustainability Indicators | 2023 | 2022 | 2021 | 2020 | GRI Disclosures | NOTES |
|---|---|---|---|---|---|---|
| Operating results | ||||||
| OIL & GAS PRODUCTION | ||||||
| Net working interest production (boe/d) | 54,536 | 52,049 | 46,998 | 46,518 | 2-6 | |
| Gross operated production (boe/d) | 24,529 | 26,279 | 21,907 | 16,860 | 2-6 | |
| NUMBER OF DRILLED WELLS (GROSS) | ||||||
| Producing wells | 47 | 45 | 34 | 25 | 2-6 | |
| Non-producing wells | 12 | 21 | 15 | 5 | 2-6 | |
| Environment | ||||||
| Reporting boundary: Operational control | ||||||
| ENERGY | ||||||
| Energy consumption within the organization (kWh) | 155,976,884 | 112,859,685 | 101,868,071.76 | 75,393,635 | 11.1.2, 302-1 | |
| Total energy consumption within the organization (TJ) | 561.52 | 406.29 | 366.7 | 271 | 11.1.2, 302-1 | |
| Energy consumption outside of the organization (TJ) | 474.14 | 606.41 | 409 | 217 | 11.1.3, 302-2 | |
| Energy intensity ratio for the organization(kWh/boe) | 13.98 | 11.77 | 12.74 | 12.22 | 11.1.4, 302-3 | |
| Energy consumption (TJ) | ||||||
| Electricity | 77.09 | 23.22 | 4.49 | 3.48 | 11.1.2, 302-1 | |
| Heating | 0.69 | 1.1 | 0.57 | 0.94 | 11.1.2, 302-1 | |
| Cooling | 0 | 0 | 0 | 0 | 11.1.2, 302-1 | |
| Steam | 75.4 | 109.88 | 57.76 | 54.7 | 11.1.2, 302-1 | |
| GREENHOUSE GAS EMISSIONS | ||||||
| Parex's activities do not result in significant emissions of PFCs, SF6 and NF3. | ||||||
| Scope 1 - Gross direct GHG emissions (tCO2e) | 199,449 | 180,136 | 158,324 | 140,720 | 11.1.5, 305-1 | |
| CO2 (metric tons) | 162,719 | 145,108 | 141,305 | 123,357 | 11.1.5, 305-1 | |
| CH4 (metric tons) | 1,509 | 1,443 | 698 | 696 | 11.1.5, 305-1 | |
| N2O (metric tons) | 0.7 | 0.7 | 0.9 | 1 | 11.1.5, 305-1 | |
| HFC (metric tons) | 0.2 | 0.1 | 0.1 | 0 | 11.1.5, 305-1 | |
| Biogenic (Scope 1) CO2 emissions (tCO2e) | 1,491 | 1,449 | 868 | 350 | 11.1.5, 305-1 | |
| Scope 2 - Gross indirect GHG emissions, location based (tCO2e) | 3,105 | 635 | 176 | 150 | 11.1.6, 305-2 | |
| CO2(metric tons) | 3,105 | 634 | 176 | 149 | 11.1.6, 305-2 | |
| CH4 (metric tons) | 0 | 0 | 0 | 0 | 11.1.6, 305-2 | |
| N2O (metric tons) | 0 | 0 | 0 | 0 | 11.1.6, 305-2 | |
| Scope 3 - Gross indirect GHG emissions (metric tons of CO2e) | 35,800 | 44,821 | 29,570 | 19,974 | 11.1.7, 305-3 | |
| Other Scope 3 - Gross indirect GHC emissions (use and processing of sold products) (tCO2e) | 4,311,606 | 3,614,447 | 2,798,864 | 2,676,021 | 11.1.7, 305-3 | |
| CO2 (metric tons) | 4,345,963 | 3,659,059 | 2,818,681 | 20,059 | 11.1.7, 305-3 | |
| CH4 (metric tons) | 156.9 | 152 | 461 | 48 | 11.1.7, 305-3 | |
| N2O (metric tons) | 2.9 | 1.9 | 3.9 | 0.9 | 11.1.7, 305-3 | |
| HFC (metric tons) | 0.1 | 0.2 | 0 | 0 | 11.1.7, 305-3 | |
| Biogenic (Scope 3) emissions (tCO2e) | 3,440 | 4,415 | 3,031 | 1,552 | 11.1.7, 305-3 | |
| GHG (Scope 1 and 2) intensity ratio | ||||||
| tCO2e/Mboe | 18.16 | 18.85 | 19.82 | 22.83 | 11.1.8, 305-4 | |
| tCO2e/annual revenue (tCO2e/ 000s USD) | 0.14 | 0.11 | 0.15 | 0.24 | 11.1.8, 305-4 | |
| GHG emissions reduction (tCO2e) | ||||||
| Scope 1 | 184,841 | 268,611 | 130,425 | 67,133 | 11.2.3, 305-5 | |
| Scope 2 | 0 | 0 | 0 | 0 | 11.2.3, 305-5 | |
| Scope 3 | 3,632 | 2,855 | 1,999 | 2,208 | 11.2.3, 305-5 | |
| Direct emissions by source (tCO2e) | ||||||
| Combustion emissions | 117,493 | 97,578 | 80,000 | 60,443 | 11.1.5. 305-1 | |
| Flare emissions | 50,630 | 53,318 | 69,885 | 72,339 | 11.1.5. 305-1 | |
| Fugitive emissions | 8,477 | 8,773 | 1,845 | 1,548 | 11.1.5. 305-1 | |
| Process emissions | 279 | 206 | 179 | 25 | 11.1.5. 305-1 | |
| Venting emissions | 22,570 | 20,262 | 6,415 | 6,366 | 11.1.5. 305-1 | |
| Flared gas (ftł*10^3/year) | 781,854 | 823,355 | 1,079,199 | 1,117,035 | ||
| AIR QUALITY & OTHER EMISSIONS (METRIC TONS, ALL SOURCES) | ||||||
| NOX | 8,343 | 7,081 | 5,419 | 5,122 | 11.3.2, 305-7 | |
| SOX | 53,618 | 46,255 | 35,877 | 34,358 | 11.3.2, 305-7 | |
| VOCs | 630 | 354 | 1,598 | 1,108 | 11.3.2, 305-7 | |
| PM, POP and HAP | n.d | n.d | n.d | n.d | 11.3.2, 305-7 | |
| ODS (CFC-11) | 0 | 0 | 0 | 0 | 11.3.2, 305-7 | |
| WATER | ||||||
| Total volume of water withdrawal (megalitres) | 7,343 | 4,747 | 5,461 | 4,303 | 11.6.4, 303-3 | |
| Water withdrawal, excluding produced water (megalitres) | 212 | 220 | 153 | 103 | 11.6.4, 303-3 | |
| Surface water | 81 | 106 | 55 | 47 | 11.6.4, 303-3 | |
| Groundwater | 62 | 15.02 | 27 | 23 | 11.6.4, 303-3 | |
| Seawater | 0 | 0 | 0 | 0 | 11.6.4, 303-3 | |
| Produced water | 7,131 | 4,527 | 5,309 | 4,200 | 11.6.4, 303-3 | |
| Third-party water supply (municipalities or other companies) | 69 | 99 | 70 | 32 | 11.6.4, 303-3 | |
| Total water withdrawal from areas of water stress | 0 | 0 | 0.017 | 0 | 11.6.4, 303-3 | |
| Other (reused) | 0 | 0 | 0 | 0 | 11.6.4, 303-3 | |
| Fresh water withdrawal per unit of production (mł/Mboe) | 18.97 | 22.92 | 19.07 | 17 | 11.6.4, 303-3 | |
| Fresh water withdrawal by annual revenue (mł/ 000s USD) | 0.15 | 0.134 | 0.144 | 0.175 | 11.6.4, 303-3 | |
| Water discharge by destination (megalitres) | ||||||
| Total water discharge in all areas | 7,205 | 4,628 | 5,364 | 4,228 | 11.6.5, 303-4 | |
| Total water discharge in formation water (reinjection) | 7,051 | 4,521 | 5,322 | 4,203 | 11.6.5, 303-4 | |
| Water discharge to third party | n.d. | n.d | n.d. | 11.6.5, 303-4 | ||
| Total water consumption from all areas (megalitres) | 138 | 119 | 97 | 75 | 11.6.6, 303-5 | |
| Total water consumption in all the areas with water stress (megalitres) | 0 | 0 | 0.017 | 0 | 11.6.6, 303-5 | |
| Water consumption per unit of production (mł/Mboe) | 12.36 | 12.41 | 12.18 | 12.13 | 11.6.6, 303-5 | |
| Water consumption by annual revenue (mł/000s USD) | 0.097 | 0.072 | 0.092 | 0.128 | 11.6.6, 303-5 | |
| WASTE (METRIC TONS) | ||||||
| Total hazardous waste | 802 | 734 | 2,061 | n.d | 11.5.4, 306-3 | |
| Hazardous waste by disposal method | ||||||
| Reuse | 28 | 28 | 16 | n.d | 11.5.5, 306-4 | |
| Recycling | 14 | 23 | 11 | n.d | 11.5.5, 306-4 | |
| Other recovery operations | 0 | 0 | 0 | n.d | 11.5.5, 306-4 | |
| Landfill | 352 | 289 | 130 | n.d | 11.5.6, 306-5 | |
| Incinerated (with energy recovery) | 9 | 7 | 0 | n.d | 11.5.6, 306-5 | |
| Incinerated (without energy recovery) | 11 | 38 | 43 | n.d | 11.5.6, 306-5 | |
| Other disposal operations | 388 | 349 | 1,862 | n.d | 11.5.6, 306-5 | |
| Total non-hazardous waste | 33,418 | 2,087 | 4,084 | n.d | 11.5.4, 306-3 | |
| Non-hazardous waste by disposal method | ||||||
| Reuse | 32,513 | 0.82 | 0.39 | n.d | 11.5.5, 306-4 | |
| Recycling | 162 | 412 | 3,282 | n.d | 11.5.5, 306-4 | |
| Other recovery operations | 0 | 0 | 0 | n.d | 11.5.5, 306-4 | |
| Landfill | 738 | 1,636 | 799 | n.d | 11.5.6, 306-5 | |
| Incinerated (with energy recovery) | 0 | 0 | 0 | n.d | 11.5.5, 306-5 | |
| Incinerated (without energy recovery) | 0 | 0 | 0 | n.d | 11.5.6, 306-5 | |
| Other disposal operations | 5 | 37 | 2 | n.d | 11.5.6, 306-5 | |
| TOTAL NUMBER AND VOLUME OF SIGNIFICANT SPILLS | ||||||
| Number of oil spills - operations | 0 | 2 | 2 | 0 | 11.8.2, 306-3 | |
| Volume of oil spills - operations (barrels) | 0 | 13 | 4 | 0 | 11.8.2, 306-3 | |
| Number of oil spills - transportation | 0 | 0 | 0 | 0 | 11.8.2, 306-3 | |
| Volume of oil spills - transportation (barrels) | 0 | 0 | 0 | 0 | 11.8.2, 306-3 | |
| Number of chemical spills | 1 | n.d | n.d | n.d | 11.8.2, 306-3 | |
| Volume of chemical spills (barrels) | 0.29 | n.d | n.d | n.d | 11.8.2, 306-3 | |
| Total number of tier 1 and Tier 2 process safety events | 0 | 3 | n.d | n.d | ||
| Health and Safety | ||||||
| Gross operated performance data, unless otherwise specified | ||||||
| OCCUPATIONAL HEALTH AND SAFETY (COLOMBIA ONLY) | ||||||
| Lost-time injury frequency (LTIF) (200,000 hours worked) | ||||||
| Employees | 0.26 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| Contractors | 0.03 | 0.095 | 0.036 | 0.05 | 11.9.10, 403-9 | |
| Total | 0.05 | 0.087 | 0.03 | 0.04 | 11.9.10, 403-9 | |
| Total recordable injury frequency (TRIF) (200,000 hours worked) | ||||||
| Employees | 0.263 | 0.275 | 0.19 | 0 | 11.9.10, 403-9 | |
| Contractors | 0.193 | 0.19 | 0.18 | 0.21 | 11.9.10, 403-9 | |
| Total | 0.2 | 0.197 | 0.19 | 0.18 | 11.9.10, 403-9 | |
| Workforce accidents | ||||||
| Employees (#) | 1 | 1 | 1 | 0 | 11.9.10, 403-9 | |
| Contractors (#) | 7 | 8 | 5 | 4 | 11.9.10, 403-9 | |
| Lost time from accidents (hours) | 3,088 | 49,000 | 680 | 240 | 11.9.10, 403-9 | |
| Motor vehicle accident (MVA) ( 1,000,000 km driven) | 0.07 | 0.19 | 0.26 | 0.3 | ||
| Lost working days | ||||||
| Employees | 290 | 0 | 0 | 0 | ||
| Contractors | 96 | 6,125 | 85 | 30 | ||
| Total lost working days | 386 | 6,125 | 85 | 30 | ||
| Near miss frequency rate | ||||||
| Employees | 4.21 | 1.65 | 5.41 | 1.8 | 403-9 | |
| Contractors | 6.12 | 4.06 | 5.61 | 1.24 | 403-9 | |
| Total | 5.94 | 3.87 | 5.59 | 1.32 | 403-9 | |
| Fatalities (#) | ||||||
| Employees | 0 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| Contractors | 0 | 1 | 0 | 0 | 11.9.10, 403-9 | |
| Fatalities (employees and contractors) | 0 | 1 | 0 | 0 | 11.9.10, 403-9 | |
| Fatalities - 3rd party | 0 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| ISO 14001 Certification | ||||||
| Number of properties (blocks) | 55 | 22 | 24 | 11.8.3 | ||
| Number of certified properties (blocks) | 55 | 21 | 23 | 11.8.3 | ||
| Percentage of certified sites (blocks) | 100% | 100% | 95% | 96% | 11.8.3 | |
| Social | ||||||
| Corporate data, unless otherwise specified | ||||||
| EMPLOYMENT | ||||||
| Employee turnover (%) | ||||||
| Canada | 5.57% | 2.38% | 8.06% | 2.90% | 11.10.2, 401-1 | |
| Colombia | 6.42% | 4.08% | 6.15% | 3.45% | 11.10.2, 401-1 | |
| Corporate | 2.20% | 3.75% | 6.47% | 3.74% | 11.10.2, 401-1 | |
| Number of full-time employees by country | ||||||
| Canada | 445 | 424 | 62 | 51 | 2-7 | |
| Colombia | 358 | 343 | 309 | 297 | 2-7 | |
| Total number of full-time (or FTE) employees | 87 | 81 | 371 | 348 | 2-7 | |
| Number of part-time employees by country | ||||||
| Canada | 4 | 3 | 0 | 0 | 2-7 | |
| Colombia | 4 | 0 | 0 | 0 | 2-7 | |
| Total number of part-time (or PTE) employees | 0 | 3 | 0 | 0 | 2-7 | |
| Number of field employees | ||||||
| Permanent employees | 13 | 15 | 18 | 77 | 2-7 | |
| Temporary employees | 1 | 0 | 1 | 0 | 2-7 | |
| Total number of field employees | 14 | 15 | 19 | 77 | 2-7 | |
| Number of office employees | ||||||
| Permanent employees | 408 | 409 | 353 | 271 | 2-7 | |
| Temporary employees | 37 | 15 | 7 | 4 | 2-7 | |
| Total number of office employees | 445 | 424 | 360 | 275 | 2-7 | |
| Unionized employees (%) | 0% | 0% | 0% | 0% | 2-30 | |
| DIVERSITY, EQUITY, AND INCLUSION | ||||||
| Total workforce | 449 | 427 | 371 | 348 | 11.11.5, 405-1 | |
| Women in workforce (%) | 36% | 34% | 33% | 33% | 11.11.5, 405-1 | |
| Men in workforce (%) | 64% | 66% | 67% | 67% | 11.11.5, 405-1 | |
| Total management and executives (#) | 96 | 86 | 69 | 39 | 11.11.5, 405-1 | |
| Women (%) | 24% | 20% | 25% | 18% | 11.11.5, 405-1 | |
| Men (%) | 76% | 80% | 75% | 82% | 11.11.5, 405-1 | |
| Total management (#) | 89 | 78 | 62 | 31 | 11.11.5, 405-1 | |
| Women (%) | 25% | 21% | 26% | 23% | 11.11.5, 405-1 | |
| Men (%) | 63% | 79% | 74% | 77% | 11.11.5, 405-1 | |
| Total executives (#) | 7 | 8 | 8 | 8 | 11.11.5, 405-1 | |
| Women (%) | 14.30% | 12.50% | 12.50% | 0% | 11.11.5, 405-1 | |
| Men (%) | 85.70% | 87.50% | 87.50% | 100% | 11.11.5, 405-1 | |
| Board of directors (Parex Resources Inc.) (#) | 9 | 10 | 9 | 9 | 2-9, 11.11.5, 405-1 | |
| Number of women directors | 3 | 3 | 2 | 2 | 2-9, 11.11.5, 405-1 | |
| Number of independent directors | 6 | 7 | 7 | 7 | 2-9, 11.11.5, 405-1 | |
| EMPLOYEE AGE CATEGORIES | ||||||
| Under 30 | 24 | 29 | 31 | 39 | 2-7, 11.11.5, 405-1 | |
| Between 31 and 50 | 348 | 331 | 286 | 262 | 2-7, 11.11.5, 405-1 | |
| Over 51 | 77 | 57 | 54 | 47 | 2-7, 11.11.5, 405-1 | |
| Employee average age | 41 | 41 | 41 | 2-7, 11.11.5, 405-1 | ||
| TRAINING & PROFESSIONAL DEVELOPMENT | ||||||
| Total training spending (millions of USD) | 0.47 | 0.29 | 0.78 | 0.43 | 11.14.2, 201-1 | |
| Average training hours per employee | 181 | 211 | n.d. | n.d | 11.10.6, 11.11.4, 404-1 | |
| Employees receiving regular performance reviews (%) | 100% | 100% | 100% | 100% | 404-3 | |
| Economic | ||||||
| Company`s working interest, unless otherwise specified | ||||||
| ECONOMIC VALUE GENERATED & DISTRIBUTED (MILLIONS OF USD, UNLESS OTHERWISE SPECIFIED) | ||||||
| Direct economic value generated(earnings from total oil and gas sales) | 1,415 | 1,644 | 1,057 | 587 | 11.14.2, 201-1 | |
| Direct economic value distributed (operating costs, salaries and benefits, payments to providers of capital, payments to governments, and social investments) | 988 | 1,241 | 771 | 465 | 11.14.2, 201-1 | Restated 2020 value |
| Economic value retained: direct economic value generated minus economic value distributed | 426 | 402 | 618 | 122 | 11.14.2, 201-1 | Restated 2020 value |
| Operating costs | 280 | 201 | 172 | 174 | 11.14.2, 201-1 | |
| Payment to providers of capital (divends, interest on debts, and buybacks) | 225 | 297 | 266 | 172 | 11.14.2, 201-1 | |
| Payment to government (audited taxes and royalies) | 400 | 679 | 267 | 76 | 11.14.2, 201-1 | Restated 2020 value |
| Salaries and benefits | 78 | 59 | 62 | 39 | 11.14.2, 201-1 | |
| STAKEHOLDER ECONOMIC BENEFITS (MILLIONS OF USD, UNLESS OTHERWISE SPECIFIED) | ||||||
| Social investments | 5 | 5.4 | 4 | 4.6 | 11.14.2, 201-1 | |
| Work for taxes | 15.7 | n.d | n.d | n.d | 11.14.2, 201-1 | |
| Total communty investments | 20.7 | n.d | n.d | n.d | 11.14.2, 201-1 | |
| Investment in environmental programs | 3.7 | 0.8 | 3.6 | 1.1 | 11.14.2, 201-1 | |
| Dividends | 119 | 76 | 48 | 0 | 11.14.2, 201-1 | |
| Capital return to shareholders (buyback) | 105 | 221 | 218 | 172 | 11.14.2, 201-1 | |
| DONATIONS | ||||||
| Charitable | 0 | 0 | 0 | 1.5 | 11.14.2, 201-1 | |
| Political | 0 | 0 | 0 | 0 | 11.22.2, 415-1 | |
| No political donations. | ||||||
| Exchange rate COP-USD | 4,325 | 4,255 | 3,743 | 3,693 | - | |
| Sustainability Indicators | 2023 | 2022 | 2021 | 2020 | GRI Disclosures | NOTES |
Personas ajenas a la CompañÃa están solicitando servicios y ofreciendo vacantes en nombre de Parex.
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