Corporate Responsibility Report

Our approach to corporate responsibility and sustainability is ingrained in our culture at Bonavista. So much so, sustainability is one of our four core values. It can be seen in how we operate our assets, support our teams, work with our stakeholders and create long-term value for our shareholders. Whether it’s by engaging in the communities in which we operate, supporting a cause that’s important to our team, or acting in a way that exceeds our governance expectations, we are always finding better ways to give back as we move forward. 

Click here to read our inaugural Corporate Responsibility Report.

Performance Tables

Description Notes Unit 2014 2015 2016 2017
AIR, Greenhouse Gas Emissions    
 Greenhouse gas emissions, direct  1,3 tonnes, CO2e per year 1,066,357 938,294 829,075 886,646
 Greenhouse gas emissions, indirect  1,3 tonnes CO2e per year 102,574 67,423 59,243 52,124
 Greenhouse gas emissions, total  1,3 tonnes CO2e per year 1,168,931 1,005,717 888,318 938,770
 Greenhouse gas emissions intensity  2 tonnes CO2e/m3 OE 0.257 0.227 0.239 0.247
 Total gas flared   103m3 per year 10,754 6,736 2,902 6,750
 Total gas vented   103m3 per year
4,672 2,820 1,764 1,639
 Nitrogen Oxides (NOx)   tonnes NOx per year
6,560 5,313 4,687 4,350
 Sulfur Dioxide (SO2)   tonnes SO2 per year
229 167 32 24
 Methane emissions 1,3 tonnes CH4 per year
21,036 17,649 16,186 18,137
ENERGY            
 Energy use (direct energy consumption)   GJ per year 9,678,766 8,871,653 7,625,542 7,451,321
 Energy intensity     GJ per m3OE 2.13 2.00 2.05 1.96
ASSET RETIREMENT OBLIGATION            
 Wells, gross active 4 number of wells 2,541 2,370 2,096 1,879
 Wells, gross inactive 4 number of wells 1,153 992 986 1,068 
 Wells, gross abandoned, unreclaimed 4 number of wells 656 527 479 559
 Abandonments - annual number of gross wells abandoned 4 number of wells 100 96 63 114
 Reclamation - annual number of reclamation certificates received 4 number of wells 92 44 78 32
 Total annual reclaimed land    hectares 162 72 128 65
 Alberta Licensee Liability Management Rating - Bonavista    AER rating 3.00 2.95 4.07 4.13
 Decommissioning expenditures   $, thousands 32,026 18,925 15,309 17,318
RELEASES            
 Releases - number of regulatory reportable spills    count 9 13 6 4
 Releases - volume of regulatory reportable spills    m3 192.0 79.2 45.4 14.3
WATER            
 Total non-saline water withdrawal for hydraulic fracturing 5,8  thousand m3 npr 126.1 131.4 210.2
 Total alternative water withdrawal for hydraulic fracturing 6,8  thousand m3 npr 48.6 48.7 78.6
 Total water withdrawal for hydraulic fracturing 7,8  thousand m3 npr 174.8 180.1 288.7
 Portion of water withdrawal that is alternative 6,8  % npr 28 27 27
 Water recycled in core area for re-use in hydraulic fracturing 8  % npr 20 19 71
 Water used for hydraulic fracturing per well 8 thousand m3 npr 2.33 4.19 4.98
Description Notes Unit 2014 2015 2016 2017
 Lost-time frequency - employee   cases per 200,000 work hours 0.63 0.24 0.31 0.00
 Lost-time frequency - service provider   cases per 200,000 work hours 0.00 0.00 0.00 0.00
 Recordable injury frequency - employee   cases per 200,000 work hours 1.25 0.71 0.61 0.32
 Recordable injury frequency - service provider   cases per 200,000 work hours 0.56 0.29 0.75 0.41
 Fatalities - employee   number per year 0.00 0.00 0.00 0.00
 Fatalities - service provider   number per year 0.00 0.00 0.00 0.00
COMPLIANCE - ALBERTA            
 Compliance inspection rate - Bonavista   % 84 85 84 86
 Compliance inspection rate - Industry   % 78 75 76 77
EMERGENCY PREPAREDNESS            
 Full-field functional exercises   number per year 2 2 3 4
 Table-top exercises   number per year 6 12 11 11
Description Notes Unit 2014 2015 2016 2017
WORKFORCE PROFILE  
 Employees (full-time)   count 369  285 238 227
 Employees (part-time)   count 6 11 9 7
 Contractors   count 74 56 46 52
 Total staff (employees and contractors)   count 449 352 293 286
GENDER DIVERSITY            
 Women in the workforce   percent 38 36 35 37
 Supervisory and professional positions   percent 26 24 29 28
 Management and Executive Team   percent 16 15 19 26
 Board of Directors   percent  22 22 22 11
EMPLOYEE AGE CATEGORIES            
 Under 30   count 74 54 33 26
 31 to 50   count 200 165 144 139
 Over 50   count 101 77 70 69
Voluntary turnover   percent 8.0 5.3 5.3 6.3
Production per employee
  boe per day per person 206 268 278 308
Employees receiving regular performance reviews
  percent 100 100 100 100
Training and education
  $, thousands 247 144 44 56
Training and education per employee
  $ per employee 658 486 177 240
Description Notes Unit 2014 2015 2016 2017
Number of whistleblower reports   count 0 0 0 0
Number of whistleblower reports outstanding   count 0 0 0 0
Insider ownership 9 percent 11 10 9 9
Independent Board of Directors percent 73 67 67 67
Description Notes Unit 2014 2015 2016 2017
Employees - wages and benefits 10 $, thousands 47,053 45,097 31,992 32,256
Landowners - freehold royalties and surface lease rentals   $, thousands 65,648 40,374 29,613  30,875
Governments - crown royalties and property taxes 11 $, thousands 94,536 40,186 30,449 30,037
Shareholders - dividends declared   $, thousands 164,750 76,762 13,891 10,040 
Communities - investment 12 $, thousands 322 236 146 202
Communities - investment per employee 12 $ per employee 857 796 589 863
Description Notes Unit 2014 2015 2016 2017
Production                                                                                           
boe per day  77,211 79,288 68,550 72,156
Production revenues   $, thousands 1,106,852 599,999  445,434  553,002 
Royalties 11 $, thousands 136,095 54,201  36,903  41,677 
Capital expenditures 13 $, thousands 639,560 313,905  153,871  289,029 
Operating expenses   $, thousands 232,474 190,889  140,592  147,165 
General and administrative expenses   $, thousands 32,012 32,495 27,138  24,749 
1. Methane emissions are included within the reported greenhouse gas emissions.
2. Total emissions direct and indirect.
3. Source from gross primary natural gas, NGLs, and oil production.
4. Gross operated wells.
5. Fresh water includes water sourced from rivers, streams, creeks, lakes, dugouts, water wells and municipal water.
6. Non-fresh water includes water sourced from flowback, produced water and third party produced water accepted.
7. Total water includes both fresh water and non-fresh water.
8. npr - measure not previously reported.
9. Based on shares held by our directors and officers, directly or indirectly, divided by the total number of outstanding common shares together with common shares issuable upon the exchange of our outstanding exchangeable shares.
10. Wages and benefits includes employee compensations costs included in the operating and general and administrative expense line items in the consolidated statements of income (loss) and comprehensive income (loss).
11. Royalty amounts presented are net of the Alberta government’s gas crown royalty allowance (GCA).
12. Community investment as presented refers to contributions to charitable and non-profit organizations.
13. Excludes corporate capital spending, and corporate acquisitions and property acquisitions net of property dispositions.
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