| Sustainability Indicators | 2024 | 2023 | 2022 | 2021 | 2020 | GRI Disclosures | NOTES |
|---|---|---|---|---|---|---|---|
| Operating results | |||||||
| OIL & GAS PRODUCTION | |||||||
| Net working interest production (boe/d) | 49,924 | 54,536 | 52,049 | 46,998 | 46,518 | 2-6 | |
| Gross operated production (boe/d) | 23,458 | 24,529 | 26,279 | 21,907 | 16,860 | 2-6 | |
| NUMBER OF DRILLED WELLS (GROSS) | |||||||
| Producing wells | 21 | 47 | 45 | 34 | 25 | 2-6 | |
| Non-producing wells | 5 | 12 | 21 | 15 | 5 | 2-6 | |
| Environment | |||||||
| Reporting boundary: Operational control | |||||||
| ENERGY | |||||||
| Energy consumption within the organization (kWh) | 222,103,802 | 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) | 799.57 | 561.52 | 406.29 | 366.7 | 271 | 11.1.2, 302-1 | |
| Energy consumption outside of the organization (TJ) | 443.51 | 474.14 | 606.41 | 409 | 217 | 11.1.3, 302-2 | |
| Energy intensity ratio for the organization(kWh/boe) | 19.91 | 13.98 | 11.77 | 12.74 | 12.22 | 11.1.4, 302-3 | |
| Energy consumption (TJ) | |||||||
| Electricity | 217.98 | 77.09 | 23.22 | 4.49 | 3.48 | 11.1.2, 302-1 | |
| Heating | 1.28 | 0.69 | 1.1 | 0.57 | 0.94 | 11.1.2, 302-1 | |
| Cooling | n.a. | 0 | 0 | 0 | 0 | 11.1.2, 302-1 | |
| Steam | 17.59 | 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) | 227,171.90 | 199,449.00 | 180,136.00 | 158,324.00 | 140,720.00 | 11.1.5, 305-1 | |
| CO2 (metric tons) | 203,457.35 | 161,228.16 | 143,658.41 | 140,436.77 | 123,032.27 | 11.1.5, 305-1 | |
| CH4 (metric tons) | 921.85 | 1,509.00 | 1,443.00 | 698.00 | 696.00 | 11.1.5, 305-1 | |
| N2O (metric tons) | 1.00 | 0.72 | 0.70 | 0.90 | 1.00 | 11.1.5, 305-1 | |
| HFC (metric tons) | 0.16 | 0.15 | 0.10 | 0.10 | 0.00 | 11.1.5, 305-1 | |
| Biogenic (Scope 1) CO2 emissions (tCO2e) | 2,377.98 | 1,491.14 | 1,449.43 | 868.44 | 349.91 | 11.1.5, 305-1 | |
| Scope 2 - Gross indirect GHG emissions, location based (tCO2e) | 12,127.79 | 3,105.00 | 635.00 | 176.00 | 150.00 | 11.1.6, 305-2 | |
| CO2(metric tons) | 12,127.79 | 3,105.00 | 634.00 | 176.00 | 149.00 | 11.1.6, 305-2 | |
| CH4 (metric tons) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.1.6, 305-2 | |
| N2O (metric tons) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.1.6, 305-2 | |
| Scope 3 - other gross indirect GHC emissions (tCO2e) | 4,112,106.57 | 4,347,406.21 | 3,659,267.35 | 2,828,434.00 | 2,695,995.00 | 11.1.7, 305-3 | |
| CO2 (metric tons) | 4,110,065.20 | 4,342,523.83 | 3,654,642.40 | 2,815,648.70 | n.d. | 11.1.7, 305-3 | |
| CH4 (metric tons) | 50.25 | 156.90 | 152.00 | 461.00 | n.d. | 11.1.7, 305-3 | |
| N2O (metric tons) | 2.34 | 2.85 | 1.90 | 3.90 | n.d. | 11.1.7, 305-3 | |
| HFC (metric tons) | 0.06 | 0.07 | 0.20 | 0.00 | n.d. | 11.1.7, 305-3 | |
| Biogenic (Scope 3) emissions (tCO2e) | 3159.01 | 3,439.57 | 4,414.56 | 3,030.72 | 1,552.00 | 11.1.7, 305-3 | |
| GHG (Scope 1 and 2) intensity ratio | |||||||
| tCO2e/Mboe | 21.45 | 18.16 | 18.85 | 19.82 | 22.83 | 11.1.8, 305-4 | |
| tCO2e/annual revenue (tCO2e/ 000s USD) | 0.19 | 0.14 | 0.11 | 0.15 | 0.24 | 11.1.8, 305-4 | |
| GHG emissions reduction (tCO2e) | |||||||
| Scope 1 | 207,205.81 | 184,841.00 | 268,611.00 | 130,425.00 | 67,133.00 | 11.2.3, 305-5 | |
| Scope 2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.2.3, 305-5 | |
| Scope 3 | 3,723.18 | 3,632.00 | 2,855.00 | 1,999.00 | 2,208.00 | 11.2.3, 305-5 | |
| Direct emissions by source (tCO2e) | |||||||
| Combustion emissions | 138,694.32 | 117,493.43 | 97,577.89 | 80,000.00 | 60,442.53 | 11.1.5. 305-1 | |
| Flare emissions | 74,929.97 | 50,630.11 | 53,317.56 | 69,885.15 | 72,339.49 | 11.1.5. 305-1 | |
| Fugitive emissions | 5,995.38 | 8,477.32 | 8,773.24 | 1,844.57 | 1,548.00 | 11.1.5. 305-1 | |
| Process emissions | 382.95 | 278.91 | 205.57 | 179.20 | 24.50 | 11.1.5. 305-1 | |
| Venting emissions | 7,169.28 | 22,569.67 | 20,262.17 | 6,415.19 | 6,365.59 | 11.1.5. 305-1 | |
| Flared gas (ftł*10^3/year) | 1,157,103.61 | 781,854 | 823,355 | 1,079,199 | 1,117,035 | ||
| AIR QUALITY & OTHER EMISSIONS (METRIC TONS, ALL SOURCES) | |||||||
| NOX | 8,141.50 | 8,343.01 | 7,081.33 | 5,419.15 | 5,121.75 | 11.3.2, 305-7 | |
| SOX | 50,007.90 | 53,618.18 | 46,255.49 | 35,876.53 | 34,357.58 | 11.3.2, 305-7 | |
| VOCs | 744.33 | 630.19 | 353.88 | 1,597.58 | 1,136.00 | 11.3.2, 305-7 | |
| PM, POP and HAP | n.d | n.d | n.d | n.d | n.d | 11.3.2, 305-7 | |
| ODS (CFC-11) | 0 | 0 | 0 | 0 | 0 | 11.3.2, 305-7 | |
| WATER | |||||||
| Total volume of water withdrawal (megalitres) | 10,536.90 | 7,343.01 | 4,747.11 | 5,461.29 | 4,302.95 | 11.6.4, 303-3 | |
| Water withdrawal, excluding produced water (megalitres) | 169.80 | 211.64 | 219.81 | 152.52 | 102.51 | 11.6.4, 303-3 | |
| Surface water | 24.43 | 80.60 | 105.73 | 55.36 | 47.47 | 11.6.4, 303-3 | |
| Groundwater | 63.21 | 62.42 | 15.02 | 27.04 | 23.44 | 11.6.4, 303-3 | |
| Seawater | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.6.4, 303-3 | |
| Produced water | 10,367.10 | 7,131.37 | 4,527.30 | 5,308.77 | 4,200.44 | 11.6.4, 303-3 | |
| Third-party water supply (municipalities or other companies) | 82.17 | 68.62 | 99.06 | 70.12 | 31.60 | 11.6.4, 303-3 | |
| Total water withdrawal from areas of water stress | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 11.6.4, 303-3 | |
| Other (reused) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.6.4, 303-3 | |
| Fresh water withdrawal per unit of production (L/boe) | 15.22 | 18.97 | 22.92 | 19.07 | 16.61 | 11.6.4, 303-3 | |
| Fresh water withdrawal by annual revenue (L/USD) | 0.13 | 0.15 | 0.13 | 0.14 | 0.17 | 11.6.4, 303-3 | |
| Water discharge by destination (megalitres) | |||||||
| Total water discharge in all areas | 10,444.66 | 7,205.30 | 4,628.05 | 5,363.86 | 4,228.00 | 11.6.5, 303-4 | |
| Total water discharge in formation water (reinjection) | 10,186.45 | 7,051.19 | 4,521.12 | 5,321.68 | 4,203.00 | 11.6.5, 303-4 | |
| Water discharge to third party | 258.00 | 154.00 | 107.00 | n.d. | n.d. | 11.6.5, 303-4 | |
| Total water consumption from all areas (megalitres) | 92.24 | 137.71 | 119.06 | 97.43 | 74.86 | 11.6.6, 303-5 | |
| Total water consumption in all the areas with water stress (megalitres) | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 11.6.6, 303-5 | |
| Water consumption per unit of production (L/boe) | 8.27 | 12.35 | 12.41 | 12.18 | 12.13 | 11.6.6, 303-5 | |
| Water consumption by annual revenue (L/USD) | 0.07 | 0.10 | 0.07 | 0.09 | 0.13 | 11.6.6, 303-5 | |
| Fresh water consumption in all areas (megalitres) | 99.97 | 136.98 | 145.7 | 112.7 | 77.88 | 11.6.6, 303-6 | |
| Fresh water consumption per unit of production (L/boe) | 8.96 | 12.28 | 15.19 | 14.09 | 12.62 | 11.6.6, 303-7 | |
| Fresh water consumption by revenue (L/USD) | 0.08 | 0.10 | 0.09 | 0.11 | 0.13 | 11.6.6, 303-8 | |
| WASTE (METRIC TONS) | |||||||
| Total hazardous waste | 529.33 | 802.00 | 733.91 | 2,061.24 | n.d | 11.5.4, 306-3 | |
| Hazardous waste by disposal method | |||||||
| Reuse | 23.04 | 28.10 | 27.83 | 15.69 | n.d | 11.5.5, 306-4 | |
| Recycling | 17.81 | 14.13 | 23.00 | 11.01 | n.d | 11.5.5, 306-4 | |
| Other recovery operations | 0.00 | 0.00 | 0.00 | 0.00 | n.d | 11.5.5, 306-4 | |
| Landfill | 264.09 | 351.81 | 289.34 | 130.31 | n.d | 11.5.6, 306-5 | |
| Incinerated (with energy recovery) | 26.70 | 9.27 | 6.54 | 0.00 | n.d | 11.5.6, 306-5 | |
| Incinerated (without energy recovery) | 32.40 | 10.97 | 37.90 | 42.56 | n.d | 11.5.6, 306-5 | |
| Other disposal operations | 165.30 | 387.72 | 349.31 | 1,861.66 | n.d | 11.5.6, 306-5 | |
| Total non-hazardous waste | 6,503.89 | 33,418.07 | 2,086.57 | 4,083.50 | n.d | 11.5.4, 306-3 | |
| Non-hazardous waste by disposal method | |||||||
| Reuse | 4,051.99 | 32,512.91 | 0.82 | 0.39 | n.d | 11.5.5, 306-4 | |
| Recycling | 1124.10 | 161.92 | 412.45 | 3282.41 | n.d | 11.5.5, 306-4 | |
| Other recovery operations | 9.20 | 0.00 | 0.00 | 0.00 | n.d | 11.5.5, 306-4 | |
| Landfill | 1318.61 | 738.28 | 1636.18 | 798.89 | n.d | 11.5.6, 306-5 | |
| Incinerated (with energy recovery) | 0.00 | 0.00 | 0.00 | 0.00 | n.d | 11.5.5, 306-5 | |
| Incinerated (without energy recovery) | 0.00 | 0.00 | 0.00 | 0.00 | n.d | 11.5.6, 306-5 | |
| Other disposal operations | 0.00 | 4.96 | 37.12 | 1.81 | n.d | 11.5.6, 306-5 | |
| TOTAL NUMBER AND VOLUME OF SIGNIFICANT SPILLS | |||||||
| Number of oil spills - operations | 1 | 0 | 2 | 2 | 0 | 11.8.2, 306-3 | |
| Volume of oil spills - operations (barrels) | 2.00 | 0.00 | 12.90 | 4.42 | 0.00 | 11.8.2, 306-3 | |
| Number of oil spills - transportation | 0 | 0 | 0 | 0 | 0 | 11.8.2, 306-3 | |
| Volume of oil spills - transportation (barrels) | 0.00 | 0.00 | 0.00 | 0.00 | 0 | 11.8.2, 306-3 | |
| Number of chemical spills | 2 | 1 | n.d | n.d | n.d | 11.8.2, 306-3 | |
| Volume of chemical spills (barrels) | 5.00 | 0.29 | n.d | n.d | n.d | 11.8.2, 306-3 | |
| Total number of tier 1 and Tier 2 process safety events | 1 | 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 | 0.000 | 0.260 | 0.000 | 0.000 | 0.000 | 11.9.10, 403-9 | |
| Contractors | 0.058 | 0.030 | 0.095 | 0.036 | 0.052 | 11.9.10, 403-9 | |
| Total | 0.052 | 0.050 | 0.087 | 0.032 | 0.044 | 11.9.10, 403-9 | |
| Total recordable injury frequency (TRIF) (200,000 hours worked) | |||||||
| Employees | 0.000 | 0.263 | 0.275 | 0.190 | 0.000 | 11.9.10, 403-9 | |
| Contractors | 0.087 | 0.193 | 0.190 | 0.180 | 0.210 | 11.9.10, 403-9 | |
| Total | 0.078 | 0.200 | 0.197 | 0.190 | 0.180 | 11.9.10, 403-9 | |
| Workforce accidents | |||||||
| Employees (#) | 0 | 1 | 1 | 1 | 0 | 11.9.10, 403-9 | |
| Contractors (#) | 3 | 7 | 8 | 5 | 4 | 11.9.10, 403-9 | |
| Lost time from accidents (hours) | 520 | 3,088 | 49,000 | 680 | 240 | 11.9.10, 403-9 | |
| Motor vehicle accident (MVA) ( 1,000,000 km driven) | 0.00 | 0.07 | 0.19 | 0.26 | 0.3 | ||
| Lost working days | |||||||
| Employees | 0 | 290 | 0 | 0 | 0 | ||
| Contractors | 65 | 96 | 6,125 | 85 | 30 | ||
| Total lost working days | 65 | 386 | 6,125 | 85 | 30 | ||
| Near miss frequency rate | |||||||
| Employees | 1.74 | 4.21 | 1.65 | 5.41 | 1.80 | 403-9 | |
| Contractors | 2.61 | 6.12 | 4.06 | 5.61 | 1.24 | 403-9 | |
| Total | 2.52 | 5.94 | 3.87 | 5.59 | 1.32 | 403-9 | |
| Fatalities (#) | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| Contractors | 0 | 0 | 1 | 0 | 0 | 11.9.10, 403-9 | |
| Fatalities (employees and contractors) | 0 | 0 | 1 | 0 | 0 | 11.9.10, 403-9 | |
| Fatalities - 3rd party | 0 | 0 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| ISO 14001 Certification | |||||||
| Number of properties (blocks) | 45 | 39 | 40 | 41 | 24 | 11.8.3 | |
| Percentage of certified sites (blocks) | 100% | 100% | 100% | 95% | 96% | 11.8.3 | |
| Social | |||||||
| Corporate data, unless otherwise specified | |||||||
| EMPLOYMENT | |||||||
| Employee turnover (%) | |||||||
| Canada | 9.82% | 5.57% | 2.38% | 8.06% | 2.90% | 11.10.2, 401-1 | |
| Colombia | 15.91% | 6.42% | 4.08% | 6.15% | 3.45% | 11.10.2, 401-1 | |
| Corporate | 8.33% | 2.20% | 3.75% | 6.47% | 3.74% | 11.10.2, 401-1 | |
| Number of full-time employees by country | |||||||
| Canada | 83 | 87 | 81 | 62 | 51 | 2-7 | |
| Colombia | 360 | 358 | 343 | 309 | 297 | 2-7 | |
| Total number of full-time (or FTE) employees | 443 | 445 | 424 | 371 | 348 | 2-7 | |
| Number of part-time employees by country | |||||||
| Canada | 5 | 4 | 3 | 0 | 0 | 2-7 | |
| Colombia | 0 | 0 | 0 | 0 | 0 | 2-7 | |
| Total number of part-time (or PTE) employees | 5 | 4 | 3 | 0 | 0 | 2-7 | |
| Number of field employees | |||||||
| Permanent employees | 17 | 13 | 15 | 18 | 77 | 2-7 | |
| Temporary employees | 0 | 1 | 0 | 1 | 0 | 2-7 | |
| Total number of field employees | 17 | 14 | 15 | 19 | 77 | 2-7 | |
| Number of office employees | |||||||
| Permanent employees | 392 | 398 | 397 | 344 | 267 | 2-7 | |
| Temporary employees | 39 | 37 | 15 | 8 | 4 | 2-7 | |
| Total number of office employees | 431 | 435 | 412 | 352 | 271 | 2-7 | |
| Unionized employees (%) | 0% | 0% | 0% | 0% | 0% | 2-30 | |
| DIVERSITY, EQUITY, AND INCLUSION | |||||||
| Total workforce | 448 | 449 | 427 | 371 | 348 | 11.11.5, 405-1 | |
| Women in workforce (%) | 37% | 36% | 34% | 33% | 33% | 11.11.5, 405-1 | |
| Men in workforce (%) | 63% | 64% | 66% | 67% | 67% | 11.11.5, 405-1 | |
| Leaders and executives (#) | 104 | 103 | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Women (%) | 25% | 23% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Men (%) | 75% | 77% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Leaders (#) | 98 | 95 | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Women (%) | 25% | 24% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Men (%) | 75% | 76% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Executives (#) | 6 | 7 | 8 | 8 | 8 | 11.11.5, 405-1 | |
| Women (%) | 14% | 14% | 13% | 13% | 0% | 11.11.5, 405-1 | |
| Men (%) | 86% | 86% | 88% | 88% | 100% | 11.11.5, 405-1 | |
| Board of directors (Parex Resources Inc.) (#) | 9 | 9 | 10 | 9 | 9 | 2-9, 11.11.5, 405-1 | |
| Number of women directors | 3 | 3 | 3 | 2 | 2 | 2-9, 11.11.5, 405-1 | |
| Number of independent directors | 8 | 8 | 9 | 8 | 8 | 2-9, 11.11.5, 405-1 | |
| EMPLOYEE AGE CATEGORIES | |||||||
| Under 30 | 21 | 24 | 29 | 31 | 39 | 2-7, 11.11.5, 405-1 | |
| Between 31 and 50 | 346 | 348 | 331 | 286 | 262 | 2-7, 11.11.5, 405-1 | |
| Over 51 | 81 | 77 | 57 | 54 | 47 | 2-7, 11.11.5, 405-1 | |
| Employee average age | 45 | n.d. | 41 | 41 | 41 | 2-7, 11.11.5, 405-1 | |
| TRAINING & PROFESSIONAL DEVELOPMENT | |||||||
| Total training spending (millions of USD) | 0.9 | 0.47 | 0.29 | 0.78 | 0.43 | 11.14.2, 201-1 | |
| Average training hours per employee | 103 | 181 | n.d. | n.d. | n.d | 11.10.6, 11.11.4, 404-1 | |
| Employees receiving regular performance reviews (%) | 100% | 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) | 1280.03 | 1414.55 | 1643.59 | 1057.18 | 587.00 | 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) | 1157.89 | 1682.72 | 1331.37 | 763.73 | 509.06 | 11.14.2, 201-1 | 2020-2023 restated |
| Economic value retained: direct economic value generated minus economic value distributed | 122.14 | -268.17 | 312.22 | 293.46 | 77.94 | 11.14.2, 201-1 | 2020-2023 restated |
| Capex | 347.70 | 483.34 | 512.25 | 277.00 | 141.00 | ||
| Opex | 321.93 | 280.02 | 201.15 | 171.63 | 174.66 | 11.14.2, 201-1 | |
| Payment to providers of capital (dividends, interest on debts, and buybacks) | 116.35 | 119.65 | 75.49 | 47.63 | 0.00 | 11.14.2, 201-1 | |
| Payment to government (taxes and royalties paid) | 308.73 | 716.54 | 478.23 | 201.09 | 149.60 | 11.14.2, 201-1 | 2020-2023 restated |
| Salaries and benefits | 55.68 | 78.20 | 58.87 | 62.40 | 39.22 | 11.14.2, 201-1 | |
| STAKEHOLDER ECONOMIC BENEFITS (MILLIONS OF USD, UNLESS OTHERWISE SPECIFIED) | |||||||
| Social investments | 7.50 | 4.97 | 5.38 | 3.97 | 4.58 | 11.14.2, 201-1 | |
| Work for taxes | 31.55 | 15.70 | n.d | n.d | n.d | 11.14.2, 201-1 | |
| Total community investments | 39.05 | 20.70 | n.d | n.d | n.d | 11.14.2, 201-1 | |
| Investment in environmental programs | 3.24 | 3.70 | 0.82 | 3.56 | 1.07 | 11.14.2, 201-1 | |
| Dividends | 112.18 | 118.68 | 75.49 | 47.63 | 0.00 | 11.14.2, 201-1 | |
| Interest payment on bank note | 4.17 | 0.98 | 0.00 | 0.00 | 0.00 | ||
| Capital return to shareholders (buyback) | 73.79 | 105.00 | 221.00 | 218.00 | 172.00 | 11.14.2, 201-1 | |
| DONATIONS | |||||||
| Charitable | 0.51 | 0.08 | 0.09 | n.d | n.d. | 11.14.2, 201-1 | |
| Political | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.22.2, 415-1 | |
| Exchange rate COP-USD | 4,071 | 4,325 | 4,255 | 3,743 | 3,693 | - | |
| Sustainability Indicators | 2024 | 2023 | 2022 | 2021 | 2020 | GRI Disclosures | NOTES |
Personas ajenas a la CompañÃa están solicitando servicios y ofreciendo vacantes en nombre de Parex.
Tenga siempre presente verificar la autenticidad de las comunicaciones o solicitudes recibidas.
Si considera que una solicitud o comunicación es sospechosa, repórtela inmediatamente al correo: [email protected]
