Message from the CEO
Tourmaline has been aggressively and successfully pursuing a comprehensive environmental performance improvement strategy since inception, eleven years ago.
Our strong results and intense focus on sustainability is why the world needs our Canadian natural gas now and in the future.
Michael Rose
President, Chief Executive Officer & Chairman
About Tourmaline
Tourmaline is a Canadian senior natural gas and liquids company headquartered in Calgary, Alberta. We are focused on long-term growth through development and acquisitions in the Western Canadian Sedimentary Basin.
0 billion
BOE proved plus probable reserves at December 31, 2018
0
Average BOEPD in 2018
$0 billion
Capital spent in 2018
0%
Natural gas production weighting in 2018
0%
Increase in production (2018 vs 2016)
$0 billion
Revenue in 2018 from wellhead
The future
is blue and
green.
The blue flame of natural gas powers our lives with less emissions.
Innovation in Practice
Tourmaline’s approach to environmental management is to understand the areas in which we work and to minimize our impacts upon them. We strive to continually improve all aspects of environmental performance, including the impact of our operations on air, land and water.
Tourmaline is also a proud investor in the Natural Gas Innovation Fund (NGIF) which supports the funding of cleantech innovation in the sector.
Emissions Performance
Methane Reduction
Diesel Reduction
Increased Monitoring
In Line Flow Testing
Waste Heat Recovery Units
Water Management
Containment Ponds
Water Pipeline Infrastructure
Surface Impact
Seismic Activity
Leaving a greener footprint across our operations
0st
Successful operator to receive regulatory approval for engineered containment ponds
~0 m3
Permanent produced/flow-back water storage
Active member
Foothills Stream Crossing Partnership, which focuses on the proactive inspections and repair of sensitive waterway crossings
>0
High bleed devices converted or swapped to low bleed devices in the Deep Basin to significantly reduce methane emissions
0km
Dedicated water pipeline infrastructure
0 m3
Flow-back water storage across four recycled water facilities in NEBC
0
Truckloads of produced water are taken off the road for every 10 well pad completed with water pipeline infrastructure
0
Seismometers to detect seismicity
Our People
All employees make a meaningful contribution.
Tourmaline has a very engaged work force.
We provide our employees the opportunity to make an impact by giving them the respect and flexibility they deserve.
Tourmaline believes in the importance of diversity.
It allows our company to make strategic long term decisions with multiple perspectives.
Tourmaline has increased focus on education and training.
Investing in our employees provides material benefits to our company as we continue to exist in a time of rapid change.
0%
Increase in employee education and training
0%
Female gender diversity
0%
Voluntary turnover in 2017 and 2018 on average
0
Average age of employees in 2018
0
Employees
0
boepd per employee, which is double the industry average
Prioritizing health and safety above all else.
Tourmaline conducts activities in a manner that protects the health and safety of our workers and the public.
Fostering a culture that understands responsible operations and prioritizes safety above all else is critical to corporate success and continued social acceptance. All employees and contractors are required to be aware of and to comply with our health and safety policies and applicable government regulations.
Emergency Response Plan
Our Emergency Response Plan (ERP) and procedures ensure that we are ready to respond immediately in the event of an incident to reduce risk of injury to people and disturbances to the environment.
Everyone employed by Tourmaline is responsible for maintaining our safety, health, environment and regulatory management system.
0%
Decrease in contractor lost time injury frequency since 2017
0%
Decrease in contractor recordable injuries since 2017
0
Employee loss time injuries since 2015
Reviews
Annual reviews of our corporate HSER governance (Code of Practice) to ensure we are agile and able to react to any issue efficiently and effectively
Inspections
Continuously complete proactive HSER focused inspections of our assets and operations
Technologies
Adoption technologies, such as drones and satellites, to reduce kilometers driven by employees and contractors
Committed to working with Indigenous communities
Tourmaline recognizes the unique relationships that such communities hold with the land.
We seek to build strong, long lasting and mutually beneficial relationships in the areas in which we operate. Additionally, Tourmaline engages with our Indigenous communities to share information about our projects and activities while appreciating and responding to concerns in a respectful and comprehensive manner. Indigenous consultation is a vital part of our corporate success and our policy on stakeholder relations.
Tourmaline understands the importance of local culture and knowledge. We strive to ensure that the highest level of mitigation is applied to our projects to minimize impacts to Indigenous communities and the environment.
We are a proud member of the community.
Tourmaline is proud to be a responsible and contributing member of the communities in which we operate, including the Edson, Grande Prairie, Fort St. John and Calgary areas in Alberta and British Columbia. We contribute to these communities primarily through our capital program, which benefits local suppliers and vendors, creates jobs and generates tax revenue for regional municipalities. We are a significant employer in the region and over 5,400 vendors benefit from our operations.
We also contribute to multiple charitable organizations promoting education, health and sports and children empowerment.
$0 million
For United Way that has helped over 10,000 families
$0k
For the Ronald McDonald House of Southern Alberta
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For Alberta Children’s Hospital Foundation Intensive Pain Rehabilitation Program
$0 million
For Parkinson’s Research at the University of Calgary
~ $0 million +
Total funds raised at the annual golf tournament for local charities
>0
Vendors benefit from our operations
Performance Data
Previous Reports
Build a greener future with us
Tourmaline has placed sustainability and responsible development at the core of our strategy since we began operations. This report includes specific data from prior years up to and including 2018, as well as certain data current to 2019.
Tourmaline published its first sustainability report in 2017, this is our second sustainability report. Throughout the report, the terms “Tourmaline”, “Tourmaline Oil Corp”, “us”, “we”, “Company”, refers to Tourmaline Oil Corp. combined with its subsidiaries. Tourmaline used the Global Reporting Initiative (“GRI”) Standards. Our sustainability report contains some GRI standard disclosures, but does not fulfill the requirements to be entirely in accordance with the GRI standards.
Final content of this report was determined through collaboration with internal subject matter experts including input from our Health and Safety, Environment, Water Management, Operations, Geology and Geophysics, Finance, Legal and Executive teams. This report has not received third party assurance; however, all content has been reviewed by senior management and internal subject matter experts and has been approved by Tourmaline’s senior management.
Unless otherwise noted, this report covers performance for Tourmaline Oil Corp. and its subsidiaries, including data for joint ventures for which Tourmaline is the operator. Financial data is in Canadian dollars and environmental data is in metric units, unless otherwise noted. Please refer to Tourmaline’s annual filings for full details on the Company’s financial and operational performance. For questions regarding this report, please contact info@tourmalineoil.com.
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