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. 

Performance Tables

Environment  
Description Notes Unit 2014 2015 2016 2017 2018
AIR, Greenhouse Gas Emissions    
 Greenhouse gas emissions, direct  1,3 tonnes, CO2e per year 1,066,357 938,294 829,075 886,646 878,512
 Greenhouse gas emissions, indirect  1,3 tonnes CO2e per year 102,574 67,423 59,243 52,124 48,091
 Greenhouse gas emissions, total  1,3 tonnes CO2e per year 1,168,931 1,005,717 888,318 938,770 926,604
 Greenhouse gas emissions intensity  2 tonnes CO2e/m3 OE 0.257 0.227 0.239 0.247 0.255
 Total gas flared   103m3 per year 10,754 6,736 2,902 6,750 4,270
 Total gas vented   103m3 per year
 4,672 2,820 1,764 1,639 1,934
 Nitrogen Oxides (NOx)   tonnes NOx per year
 6,560 5,313 4,687 4,350 3,768
 Sulfur Dioxide (SO2)   tonnes SO2 per year
 229 167 32 24 25
 Methane emissions 1,3 tonnes CH4 per year
 21,036 17,649 16,186 18,137 17,886
ENERGY              
 Energy use (direct energy consumption)   GJ per year 9,678,766 8,871,653 7,625,542 7,451,321 7,525,774
 Energy intensity     GJ per m3OE 2.13 2.00 2.05 1.96 2.07
ASSET RETIREMENT OBLIGATION            
 Wells, gross active 4 number of wells 2,541 2,370 2,096 1,879 1,859
 Wells, gross inactive 4 number of wells 1,153 992 986 1,068 1,083
 Wells, gross abandoned, unreclaimed 4 number of wells 656 527 479 559 561
 Abandonments - annual number of gross wells abandoned 4 number of wells 100 96 63 114 62
 Reclamation - annual number of reclamation certificates received 4 number of wells 92 44 78 32 46
 Total annual reclaimed land    hectares 162 72 128 65 102
 Alberta Licensee Liability Management Rating - Bonavista    AER rating 3.00 2.95 4.07 4.13 3.96
 Decommissioning expenditures   $, thousands 32,026 18,925 15,309 17,318 12,138
RELEASES            
 Releases - number of regulatory reportable spills    count 9 13 6 4 4
 Releases - volume of regulatory reportable spills    m3 192.0 79.2 45.4 14.3 52.8
WATER            
 Total non-saline water withdrawal for hydraulic fracturing 5,8  thousand m3 npr 126.1 131.4 210.2 106.9
 Total alternative water withdrawal for hydraulic fracturing 6,8  thousand m3 npr 48.6 48.7 78.6 58.7
 Total water withdrawal for hydraulic fracturing 7,8  thousand m3 npr 174.8 180.1 288.7 165.5
 Portion of water withdrawal that is alternative 6,8  % npr 28 27 27 35
 Water recycled in core area for re-use in hydraulic fracturing 8  % npr 20 19 71 73
 Water used for hydraulic fracturing per well 8 thousand m3 npr 2.33 4.19 4.98 4.87
Health and Safety
Description Notes Unit 2014 2015 2016 2017 2018
 Lost-time frequency - employee   cases per 200,000 work hours 0.63 0.24 0.31 0.00 0.00
 Lost-time frequency - service provider   cases per 200,000 work hours 0.00 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 1.16
 Recordable injury frequency - service provider   cases per 200,000 work hours 0.56 0.29 0.75 0.41 0.38
 Fatalities - employee   number per year 0.00 0.00 0.00 0.00 0.00
 Fatalities - service provider   number per year 0.00 0.00 0.00 0.00 0.00
COMPLIANCE - ALBERTA              
 Compliance inspection rate - Bonavista   % 84 85 84 86 83
 Compliance inspection rate - Industry   % 78 75 76 77 76
EMERGENCY PREPAREDNESS              
 Full-field functional exercises   number per year 2 2 3 4 1
 Table-top exercises   number per year 6 12 11 11 2
People 
Description Notes Unit 2014 2015 2016 2017 2018
WORKFORCE PROFILE  
 Employees (full-time)   count 369  285 238 227 192
 Employees (part-time)   count 6 11 9 7 8
 Contractors   count 74 56 46 52 58
 Total staff (employees and contractors)   count 449 352 293 286 258
GENDER DIVERSITY              
 Women in the workforce   percent 38 36 35 37 36
 Supervisory and professional positions   percent 26 24 29 28 24
 Management and Executive Team   percent 16 15 19 26 25
 Board of Directors   percent  22 22 22 11 11
EMPLOYEE AGE CATEGORIES              
 Under 30   count 74 54 33 26 19
 31 to 50   count 200 165 144 139 118
 Over 50   count 101 77 70 69 63
Voluntary turnover   percent 8.0 5.3 5.3 6.3 9.5
Production per employee
   boe per day per person 206 268 278 308 346
Employees receiving regular performance reviews
   percent 100 100 100 100 100
Training and education
   $, thousands 247 144 44 56 86
Training and education per employee
   $ per employee 658 486 177 240 430
Governance 
Description Notes Unit 2014 2015 2016 2017 2018
Number of whistleblower reports   count 0 0 0 0 0
Number of whistleblower reports outstanding   count 0 0 0 0 0
Insider ownership 9 percent 11 10 9 9 9
Independent Board of Directors percent 73 67 67 67 78
Communities 
Description Notes Unit 2014 2015 2016 2017 2018
Employees - wages and benefits 10 $, thousands 47,053 45,097 31,992 32,256 29,990
Landowners - freehold royalties and surface lease rentals   $, thousands 65,648 40,374 29,613  30,875 21,335
Governments - crown royalties and property taxes 11 $, thousands 94,536 40,186 30,449 30,037 32,977
Shareholders - dividends declared   $, thousands 164,750 76,762 13,891 10,040 10,168
Communities - investment 12 $, thousands 322 236 146 202 150
Communities - investment per employee 12 $ per employee 857 796 589 863 749
Economic 
Description Notes Unit 2014 2015 2016 2017 2018
Production                                                                                           
boe per day  77,211 79,288 68,550 72,156 69,154
Production revenues   $, thousands 1,106,852 599,999 445,434 553,002 514,967
Royalties 11 $, thousands 136,095 54,201 36,903 41,677 34,360
Capital expenditures 13 $, thousands 639,560 313,905 153,871 289,029 164,492
Operating expenses   $, thousands 232,474 190,889 140,592 147,165 143,935
General and administrative expenses   $, thousands 32,012 32,495 27,138 24,749 24,291
Notes
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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