Le Lézard
Classified in: Oil industry, Environment
Subjects: ENI, ESG

WESTERN ENERGY SERVICES CORP. ANNOUNCES CLIMATE SMART CERTIFICATION


CALGARY, AB, June 13, 2022 /CNW/ - Western Energy Services Corp. (the "Company" or "Western") (TSX: WRG) is pleased to announce that Western is the first drilling and well servicing contractor to become Climate Smart certified by the emissions reduction evaluation firm Radicle Group Inc. As part of Western's journey through Radicle's Climate Smart intensive greenhouse gas ("GHG") inventory training and certification process, the Company has taken on the challenge of documenting, reporting, and creating an action plan to reduce our climate footprint.

The data was compiled and reported in compliance with the Greenhouse Gas Protocol, a globally recognized and standardized framework to measure and track GHG emissions.

From a 2018 base year, Western has completed four annual organisational GHG inventories, which account for direct operating emissions (Scope 1), indirect emissions from purchased electricity (Scope 2) and indirect emissions not counted in the previous scopes (Scope 3) in order to be Climate Smart certified through to 2021. As contract drilling is part of our core business, Western believes that annual meters drilled is a key operating metric and as an intensity metric, tonnes of CO2 per meter drilled (tCO2/m) is how the Company can measure its ability to show our environmental value. Through the certification process, Western identified a 30% reduction in CO2 intensity per meter drilled in 2021 compared to 2018 base year, which we attribute to our consistently increasing operational productivity and our commitment to retrofitting alternative fuel technology on our rigs.

An increase of 44% in meters drilled per day since 2018, and the continuous adoption of dual fuel technology, are tangible ways that Western continues to help its customers meet their Scope 1 reduction targets.

As Western continues to explore more technologically advanced and diverse ways to reduce its Scope 3 emissions as the largest source of CO2, the Company remains committed to advancing our environmental, social, and governance ("ESG") reporting and providing solutions that are impactful to our stakeholders and the environment.

Acting in a socially responsible way is essential in today's business environment and Western is proud to be the first drilling and well servicing contractor to be Climate Smart certified.

About Western

Western is a progressive energy service company which provides contract drilling services through its division, Horizon Drilling in Canada, and its wholly-owned subsidiary, Stoneham Drilling Corporation in the United States. Additionally, Western provides production services in Canada through its wholly-owned subsidiary Western Production Services Corp. and through its division, Eagle Well Servicing which provides well servicing, and its division Aero Rental Services which provides oilfield rental services.

SOURCE Western Energy Services Corp.


These press releases may also interest you

at 21:51
On March 19, DMEGC Solar received the Acknowledgement of Manufacturer's Laboratory Competence issued by TÜV Rheinland, a global certification agency, proving its excellence in PV module R&D and quality control. The acknowledgement is TÜV Rheinland's...

at 21:40
Midea Group: Background: Midea Group, a leading global technology group, recently released its 2023 Environmental, Social, and Governance (ESG) Report with ambitious sustainable development goals set for 2030. They include achieving over 500...

at 21:32
Arctech has recently signed a contract for the 500MW Manah I power plant project in Oman, following its successful bid for the 588MW Manah II PV project in Oman earlier in 2023. This consecutive project win showcases Arctech's customized solutions...

at 21:15
The "Green Strategic Thinking of PC Brands From The Perspective of Product Lifecycle Stages" report has been added to  ResearchAndMarkets.com's offering. This report analyzes how major global PC brands are incorporating the circular economy concept...

at 18:00
The USDA Forest Service has awarded American Forests $12 million to help tribes and underserved communities access financial and technical support for resilient reforestation. This strategically directed funding from the IRA will enable leaders in...

at 17:26
NaaS Technology, the first U.S. listed EV charging service company in China, announced remarkable financial growth and operational highlights in its newly-released unaudited financial results for the fourth quarter and full year ended December 31,...



News published on and distributed by: