Ark-La-Tex — drilling rig in the background, green fields with cows in the foreground

Sustainability Focus

Doing the Right Thing

Maverick is proud to be a responsible producer of energy. The company understands the importance of providing long-term value through sustainable operations and premiere environmental, social and governance (ESG) performance.

Maverick consistently bests sustainability targets in critical areas such as reducing greenhouse gas (GHG) emissions, limiting spills and improving worker safety. Maverick continues to advance in these areas while setting new ESG goals to ensure the company is exceeding investor and stakeholder expectations now and into the future.

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Environment

At Maverick, environmental stewardship is promoted throughout the organization, and employees are encouraged to identify opportunities to minimize the company’s footprint on air, water and land.

Social

Maverick prioritizes safety above all else. Safety is the first and foremost consideration of any operation, and the company’s commitment to best-in-class safety performance is uncompromising.

Governance

Maverick’s pursuit of excellence is data-driven and guided by corporate governance principles that champion environmental, social and financial responsibility.

Ambitious ESG Targets

Maverick recognizes that maintaining its best-in-class operator status is highly dependent on the success of its ESG-focused efforts and is working diligently to be an industry leader in ESG practices.

Maverick has committed to:

  • Achieve 50 percent reduction in methane intensity by 2025
  • Reduce carbon intensity to 20 mtCO2e/MBoe by 2030
  • Annual combined total recordable incident rate (TRIR) that is better than the industry average

Highlights

Transformative Investment

$
2.5
MM

Net capital outlay budgeted for ESG in 2022

2021 Combined TRIR

0.08

Lowest employee and contractor combined TRIR in company history

Exemplary Safety Performance

2
MM

Consecutive employee man-hours worked without an OSHA recordable injury

Continuous Improvement

288
%

Achievement of 2021 GHG reduction targets