ENVIRONMENTAL PROTECTION
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The Company invests heavily each year to lessen the negative effects that production factors have on the environment, spending over $25 millon over the last three years. The Company uses both internal environmental laboratories and independent specialized organizations with suitably equipped facilities and necessary permits/licenses to conduct annual environmental monitoring of the air, underground/surface water, soil, and radiation.
In order to eliminate sources of radioactive contamination, the Company gathers radioactive materials (such as tubing, scrap with various diameters, etc.) from field locations for storage at a temporary radioactive waste storage yard each year. The business has been investigating new technology and performing trial testing to disinfect tubes and equipment. It is generally known that soil pollution occurs when downhole equipment is repaired close to wells. Along with other measures, wellhead sites with sewers are being built at fields to prevent contamination. The Company consistently makes efforts to treat, re-cultivate, and repair damaged sites in an effort to get rid of previous contamination. The acquisition of an efficient and environmentally friendly waste treatment unit as well as the implementation of new technologies for reclaiming and recovering oil-contaminated lands are both now underway. The most recent techniques and technologies are also being studied.