HighPeak Energy, Inc.
Climate Impact & Sustainability Data (2020, 2021-01 to 2021-03)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Emissions Reduction
- Water Disposal and Recycle
- Governance
Environmental Achievements
- Drilled first large volume capacity horizontal Ellenburger disposal well, removing ~166,000 truckloads of water annually
- Planned infrastructure buildout to eliminate flaring under standard operating conditions
Social Achievements
- Not disclosed
Governance Achievements
- 2 of 7 board members identify as diverse
- Majority of board members are independent
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021-01 to 2021-03
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced truck traffic by over 21,000 truckloads due to produced water system
- Completed first phase of water disposal and transfer infrastructure system in Flat Top area
- Signed contract to expand low-pressure gas gathering system, reducing flaring and greenhouse gas emissions
- Signed contract to build out oil gathering system, significantly reducing emissions and truck traffic
Social Achievements
- No recordable safety incidents in 2020 or Q1 2021
Governance Achievements
- Formed an ESG Committee of the Board of Directors in January 2021
- Majority of the Company’s seven directors are independent
- Two directors self-identify as diverse
Climate Goals & Targets
Short-term Goals:
- Begin recycling produced water for use in drilling and completion activities during 2021
Environmental Challenges
- Winter storm Uri decreased average first quarter production by approximately 880 Boe/d
Mitigation Strategies
- Continued to build production with one-rig drilling program