- Low natural gas prices (lowest AECO daily benchmark since 2019).
- Elevated natural gas storage inventories.
- Extreme heat in Alberta impacting compressor efficiency.
Peyto Exploration & Development Corp.
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 636.2K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced operating costs by 5% from Q1 2024, on target for 10% reduction by year-end. Orderly shutdown of hydrogen sulfide processing units at Edson gas plant to increase reliability, lower emissions, and improve safety.
- Improved drilling and completion costs per meter by 8% compared to Q1 2024.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce operating costs by 10% from first quarter levels by the end of 2024.