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Explore What Sets Parex Apart

Operations
19.8 MMboe produced
in 2023 (54,356 boe/d).
Operations
Portfolio includes ~5.5 million net acres of land
making Parex the largest independent land holder in Colombia.
People and Culture
24% of Leaders are women
reflecting our commitment to build a diverse and inclusive organization.
Sustainability
4,700+ community members gained access
to clean water and renewable energy in 2023 through our infrastructure projects aimed at improving local living conditions.
Operations
Diverse portfolio with 39 exploration and development blocks
onshore in Colombia.
People and Culture
Summer students welcomed each year
across various departments, providing valuable work experience and fostering the next generation of talent.
Environment
Supported the release of 600 Galapaga turtles
in 2023 through the Galapaga Footprint Program, supporting biodiversity and marine life protection initiatives.
Environment
550,000 hectares monitored
for biodiversity conservation in 2023, ensuring the protection of ecosystems in areas where we operate.
Operations
1,200+
contractors and suppliers within our supply chain.
People and Culture
5% growth in workforce in 2023
including an 8% increase in female employees, reflecting our commitment to diversity and inclusion in operations.
Sustainability
39% cumulative reduction
in scope 1 & 2 GHG emissions intensity from 2019 level.
Strengthening Communities
Over half of our Calgary office volunteered
with Brown Bagging for Calgary Kids in 2023.
Sustainability
~500,000 people benefited
from programs that are aligned with Sustainable Development Goals.
Environment
Achieved a 6% annual reduction in freshwater consumption
in 2023, highlighting our efforts to optimize water use in our operations.
Strengthening Communities
US$20.7 million invested
in 2023 to help strengthen local Colombian communities.
People and Culture
Our Diversity Dashboard is updated annually
offering a overview of Parex’s diversity demographics and talent distribution.
Strengthening Communities
Approximately US$227,000 invested in the Energy for All Program
benefiting over 1,600 community members through various solar energy projects.
Strengthening Communities
33,000 individuals benefited
from Parex’s Water for All program, which focuses on enhancing water access and quality for rural communities in Colombia.
Strengthening Communities
80 small businesses supported in 2023
through initiatives aimed at fostering local economic growth and entrepreneurship.
Operations
43% YoY decrease in lost-time injury frequency
reflecting our commitment to employee safety and well-being.
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