A Clear Path
to a Sustainable Future

A Clear Path to a Sustainable Future 

Our history has shaped us into the committed, strong and responsible organization we are today. We’re rebuilding upon the milestones of our past to grow our sustainability commitments and performance.  

As we transition into a new era, we’re a leaner, more competitive company focused on what matters most: responsible operations, maximizing shareholder value, consistent returns and a sustainable future.


Our History of Sustainability Performance 

1995

Launched company mentoring program in Oklahoma City

1999

Launched employee volunteer program, the H.E.L.P. Initiative; employees still receive 4 hours of company time to volunteer each year

2006

Developed Aqua Renew for our Barnett Shale operations; this water-recycling program became the basis for our water-recycling efforts and was adopted across all operations

Incorporated alternative fueling sources at our drilling and production sites for the first time

2008

Founded our GreenFrac®​ Initiative to evaluate chemical additives for necessity and environmental sensitivity; one of the industry’s first chemical assessment and reduction programs that’s now industry standard

2009

 Utilized diesel and natural gas dual-fuel technology to power drilling rigs while reducing equipment emissions

2011

Reported 100% of our well completions to FracFocus, a web-based registry of the additives, chemicals and water used in the hydraulic fracturing process; we maintain this 100% rate each year

Eliminated diesel, a common fuel and carrier solvent known to contain BTEX, from our hydraulic fracturing chemistries

2012

Published our first corporate responsibility report reflecting 2011 performance

Created an air dashboard tool to monitor air emissions according to regulatory requirements; this tool would become foundational to future monitoring dashboards

2013

Company core values established

Linked employee compensation to environmental and safety performance metrics

Launched the HSER Excellence Awards program recognizing outstanding HSER performance; this awards program continues today

Began remote drilling monitoring of active rigs through our Operations Support Center; enabled remote monitoring and shutdown capabilities for production sites in 2014

2014

Declassified Board of Directors and removed supermajority voting requirements

Established a pay-for-performance executive compensation plan

Opened our IT Computing Center and developed an IT recovery plan — forward-looking plans for cybersecurity protection

Introduced the Supplier Code of Conduct; trained nearly 3,000 business partners on this code in its first year

Launched comprehensive contractor management system

2015

Implemented a more robust site assessment standard for environmental protection

2016

Adopted our first Diversity Council to take a leadership role in promoting inclusion practices

2017

Launched a workplace culture-shaping process to strengthen internal communications and collaboration

Created a risk-based supplier classification program that encourages more frequent recertification for suppliers with higher-risk profiles

Mandated all field employees to wear a personal gas monitor linked to vehicle monitoring systems for remote worker safety

Joined The Environmental Partnership to improve our industry’s environmental performance through peer knowledge-sharing and collaboration

2018

Launched the WellTender mobile app that provides relevant well performance data to any lease operator while on any site; also collects data for trend analysis to identify potential risk factors

Released our first Climate-Related Risk Analysis according to the TCFD framework

2019

Created ESG advisory board and council bringing together subject matter experts from across the company

Joined the CEO Action for Diversity & Inclusion™ pledge — the largest CEO-driven business commitment to advance diversity and inclusion in the workplace

2020

Voluntarily filed for Chapter 11 protection

2021

Emerged successfully from financial restructuring

Appointed a new Board of Directors and established the Board ESG Committee 

Announced ESG goals

First company to announce intention to certify production as RSG across two major basins

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