| 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 |
- |
|
