| Environment |
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Pengrowth is committed to corporate
and industry excellence in environmental performance and
stewardship. Pengrowth remains dedicated to responsible
operatorship, minimization of environmental impacts and
compliance with provincial and federal legislation and
regulations or other requirements within the
jurisdictions in which we operate.
Pengrowth continues to be an active participant in the
Environment, Health, Safety and Social Stewardship
Program initiated by the Canadian Association of
Petroleum Producers (CAPP) and in 2006 Pengrowth
received CAPP’s Platinum Level recognition in support of
our achievements. |
Pengrowth proactively mitigates
environmental risks through pipeline and facility
replacements and awareness. In 2006, Pengrowth spent $6
million of maintenance capital plus an additional $9
million on an active well abandonment and site
restoration program to assess and remediate sites
impacted by historical operations. For 2007, Pengrowth
has dedicated resources to continue with such
initiatives.
Pengrowth monitors and tracks facility emissions in
order to meet requirements, including the National
Pollutant Release Inventory, Federal Greenhouse Gas
Reporting Program, Alberta Specified Gas Reporting
program and the CAPP Benzene Emissions Report. Pengrowth
team members and contractors are essential to the
execution of our environmental mandate. Facility
inspections were conducted throughout the year by
Pengrowth personnel as well as by regulators. These
inspections improve overall environmental awareness,
reduce flared and vented volumes and reduce
environmental incidents at operated facilities.
For 2007, Pengrowth will continue an active well
abandonment program to ensure our ability to meet
upcoming changes in suspended and abandoned well
regulations, as well to constantly monitor and inspect
operations to improve our environmental performance.
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| Environment Outcomes
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