Juno News - April 25, 2024


How technology is shaping the future of Canadian oil and gas


Episode Stats

Length

8 minutes

Words per Minute

172.23953

Word Count

1,511

Sentence Count

4

Hate Speech Sentences

1


Summary

Reene Abiro of Secure Energy Services joins me in this episode to talk about the importance of the oil and gas industry taking a leading role in the fight against climate change, and why the industry needs to do more to reduce its environmental footprint.


Transcript

00:00:00.000 joined by renee abiro of secure just start with a basic question for people that aren't as familiar
00:00:16.260 with the ins and outs of the industry what are energy services and how do you fit into this
00:00:20.360 landscape yeah great great question in in terms of we've been around for all of 17 years you know
00:00:28.340 started in 2000 will be 17 years next year started in 2007 and March 2007 and and really try to develop
00:00:36.860 a company that was there to help the oil and gas industry and which is now involved into many
00:00:43.980 industries mining and industrial but the premise was that we wanted to be an environmental company
00:00:52.680 we wanted to be involved with waste management the byproducts of the oil and gas but we also
00:00:57.960 want to be involved in some of the proactive practices of how do you actually reduce your
00:01:03.040 environmental footprint and this was back before esg was sexy long before the paris agreement all
00:01:09.140 all all the above but to give the testament to our customers they were also willing participants in
00:01:18.060 that they could see the old practices of 30 40 50 years ago were causing you know liabilities that
00:01:25.620 they didn't want to you know have in the future so there was all i think a mutual interest there how
00:01:31.000 could we work together we also wanted to help them in just the day-to-day production so you know the
00:01:37.340 simple things that that that look simple but are complicated is you know as you produce the oil and
00:01:43.340 natural gas there's also water byproducts there's waste that gets built up and and so handling that day-to-day
00:01:49.680 production waste as well and then final finally we're helping with some of the remediation and
00:01:55.180 the reclamation of of their wells as they became suspended to abandonment and finally putting it
00:02:01.360 back to what nature was there before the narrative we hear today certainly from a lot of people in
00:02:06.880 government and even more so in environmental NGOs is that the industry is the problem to the environment
00:02:12.860 and the government is the solution so that doesn't square with the story you've just told that the
00:02:17.860 industry taking a leading role on this so what are people missing in this discussion yeah first of
00:02:23.700 all you know reading headlines or reading biased statements versus getting out there and actually
00:02:31.280 seeing what's going on is you know perception versus reality and and so i've had the luxury of
00:02:36.320 because secure has been very successful wanting to expand all around the world and whether you go to
00:02:43.260 texas or you could go to kazakhstan or you go to the middle east it doesn't matter colombia um canada has
00:02:50.980 not only the best regulations but the best regulations that are followed there's there's a lot of countries
00:02:56.600 that have good regulations but they're not enforced so it's all about not only not only having good
00:03:02.760 regulations but also following but the great thing about our industry was that right from day one
00:03:08.780 industry had an input and bought into the new regulations so they didn't fight them and so
00:03:15.700 as time developed they could see the benefits of environment you know stricter environmental
00:03:21.280 regulations was actually better for the business long term so before the whole esg theme started to
00:03:28.000 come about our customers were thinking asking us to help them be more proactive with any type of
00:03:34.440 environmental uh aspects of the business and you look at the environmental footprint that that was
00:03:41.660 around 50 even 15 years ago versus today the you know drilling 8 to 12 wells on one pad versus you
00:03:50.340 know having 8 or 12 leases all that is now on one lease you know so and then the pipeline coming
00:03:57.500 from there to get the oil or gas to to the processing plant to get it to the market huge smaller footprint
00:04:04.780 everybody's worked together in terms of reducing emissions we've been doing a lot of things a lot
00:04:10.760 of product was moved by truck now that's pipeline connected so you're taking trucks off the road that
00:04:15.880 burn diesel but you're also from a safety aspect you're not worried about all these trucks on different
00:04:21.280 roads and highways so all these little things are adding up to reducing the overall emissions intensity
00:04:27.080 it's also reducing their long-term liabilities so it's a win-win there's there's not this is
00:04:32.180 costing us more business it's actually the right thing for not only the planet earth but for their
00:04:37.600 business and we've been able to create a business where we're adding value to the customers and so
00:04:42.200 that that's where it becomes a win-win i know the words themselves are fraught but we have the
00:04:46.540 government articulating this so-called just transition that basically imagines a future without
00:04:52.000 the oil and gas sector and there are very real world consequences to that and really the stated
00:04:58.520 objectives i go back to what we were talking about a few moments ago or things that you're saying the
00:05:02.180 industry has already been committed to so where is the breakdown here and and why has that work not
00:05:09.400 really been rewarded by governments not just in canada but but around the world we're seeing a lot of
00:05:14.420 the same yeah i i i think when you know right i i i i look at it no differently than someone picks up a
00:05:20.860 new religion i'm not going to be able to convince them to change religion so if you have open-minded
00:05:27.260 people that want to get away from the big cities and and come and walk you know in in footsteps you know
00:05:37.600 and and and actually see what's going on and and most most of uh uh our visitors that have come from
00:05:45.820 other countries are astonished to see that the cleanliness the the uh how we how we have all this
00:05:53.880 environmental protection we we do sometimes two three different liners to protect the earth you know
00:05:59.940 we have all these gas blanket system to reduce emissions and so and make sure that they don't go in
00:06:05.800 the atmosphere so when people actually get out there and touch it and feel it they come away with
00:06:11.420 a whole different story and this even goes to the investment world which you know you hear about you
00:06:16.360 know not wanting to invest in oil gas a lot of our investors we encourage them to go to the field and
00:06:22.040 see what's going on and come away with a totally different perspective as opposed to reading headlines
00:06:27.420 in a newspaper or a tv show well and i think that's why this series has been so valuable in these
00:06:33.100 conversations because there there are a lot of canadians that i don't think know one way or
00:06:37.620 another so they're they're probably open-minded and the first person or the loudest person to give
00:06:42.120 them their position is probably the one that they'll take so i'll ask i guess more of a general
00:06:46.540 question here i mean what is it you think canadians who are not connected to this industry need to know
00:06:51.180 about it well i think first of all they can they can uh sleep at night knowing that they're the
00:06:59.020 canadian oil and gas industry has the best environmental regulations and the best standards
00:07:03.700 in the world so bar none bar none i've seen them i've been there bar none second of all you know
00:07:10.180 this this industry is not resting on its laurels it's saying okay we're going to stay number one
00:07:16.880 for a long long time so how do we capture co2 how do we reduce further emissions how do we make
00:07:22.520 things more efficient and that's been a market-led process yeah and and and that has nothing to do with
00:07:27.840 government that has to do with the dna of of our oil and gas industry and then secondly as we've seen
00:07:35.020 and and you know we we have the coastal lng pipeline going to kitimat we have the tmx coming up we're
00:07:43.300 going to be able to not only do that for north america but if you can start exporting that around
00:07:50.460 the world it starts to begs the question that if you can get more canadian energy around the world
00:07:57.320 i.e exported then you're not only having high environmental standards but you've got lower
00:08:04.060 emissions and you're replacing production from a nigeria or venezuela that does never mind all the
00:08:12.260 ethical boundaries around uh being a democratic versus a tongue democratic and and suppressing
00:08:18.400 freedom so i mean i would just you know all i ask is people to get the facts just get the facts
00:08:26.120 and if you if you want you you know uh please come out and see it but just get the facts and and then
00:08:32.800 at least then make your judgment we're at amiro secure thank you okay thank you thanks for listening
00:08:38.680 to the andrew lawton show support the program by donating to true north at www.tnc.news
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