How The Climate Change Issue Has Impacted Canada's Upstream Oil And Gas Industry - Learniing's From An Industry Association In Managing Climate Change In A Carbon Intensive Industry

Abstract

The topic of water is very important to the oil and gas industry. Whether it is about how much freshwater is being used or how the industry effluence is impacting watersheds; it is a topic that the oil and gas industry needs to face. Cenovus is a leader in seeking innovative ways to reduce its impact to this natural resource and is engaging with the University of Calgary to reduce its water footprint at the camp residences. With significant opportunity for continued oil production at Foster Creek, Cenovus’ decisions today to make incremental changes at the camp will have long term impacts to the environmental and financial success of the company and ultimately will be setting industry standards. The goal is to study the costs and environmental benefits of selected water reuse and conservation strategies which align with the company’s needs when implemented at Kodiak Den. Furthermore, the environmental and economic goals can be broken down into specific and measurable objectives that describe what the project plans to achieve.