Flaring & Other Emissions
Our stakeholders care about how companies manage and mitigate emissions, as flaring is common in West Texas and a concern for the general public. We agree and work to minimize flaring at all our well sites. Less than 2% of our total produced volumes were flared in 2020.
Additionally, our facilities are constructed with vapor recovery units (VRUs) to avoid venting or flaring gas whenever possible. Over 99% of our production flows through facilities with a VRU. We have also transitioned to electric compression on all our locations with gas lift as our means of artificial lift. This both improves efficiency and lowers emissions at the well.
Responsibly managing the water used, produced, treated, stored, and disposed of during our operations in a cost-effective and environmentally sustainable manner is essential to our success. Because water is a vital natural resource in West Texas, we consciously act as a prudent custodian of our freshwater resources and manage our water with long-term implications for West Texas in mind.
From working closely with landowners to source drilling and completions water to diligently managing our produced water, we do our best to view the process holistically. We recognize that today's most cost-efficient solution might not always align with the best long-term solution for the asset and our neighbors. As an organization, we are intentionally moving towards recycling our produced water for repeated use in our operations. This will minimize the amount of total freshwater used and limit the volume of produced water we ultimately send to disposal wells.
Much like water, land is critical to our operations and is a limited resource. Comprehensive planning is required to ensure we have the necessary surface available for current and future development while staying mindful of our overall footprint and impact on our landowners.
Henry prioritizes our relationships with landowners. After all, most of us are landowners ourselves and we know how terrible it feels to be neglected. We work very hard to protect these relationships and our reputation. We always strive to treat our neighbors as we’d want to be treated if the positions were reversed. We do our absolute best to be transparent with our plans and available for input from our neighbors. We want to be viewed as part of the community and do our best to be involved and helpful in making our West Texas communities thrive.
“When I first learned Henry Resources had purchased our lease agreement days before it expired, I wanted to know more about them. I found out they were a Christian-based organization with close ties to their community and were deeply involved with charity organizations. I'm a firm believer in "Actions speak louder than words." As a land/mineral owner, Henry Resources has proven themselves not just by being successful in their drilling operations but also answering my questions in a timely manner. I'm very fortunate to have an operator that treats their land/mineral owners with respect.”
Reeves County Surface/Mineral Owner
“As mentioned in my recent text, the name Henry Resources is a gold standard in this area.”
Upton County Surface/Mineral Owner