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.