Contributions to conservation

For nearly two decades, we have implemented additional, measurable conservation actions through habitat improvement and restoration projects at some of our operated assets and company-owned lands. These efforts include regulatory-required biodiversity offsets, strategic voluntary biodiversity offsets and compensatory wetland mitigation associated with operated assets in Alaska, Australia and Canada. On company-owned lands in the Permian Basin and the Louisiana Coastal Wetlands, we have implemented voluntary conservation projects to enhance, benefit, improve or restore habitats and ecosystems.

Voluntary conservation agreements

Voluntary conservation agreements play an important role in mitigating impacts to biodiversity and sensitive habitats near our operations. These formal agreements with the U.S. Fish & Wildlife Service and/or other federal or state agencies establish conditions governing the timing of certain development activities within specific species habitats or sensitive areas.

Proactive conservation

Proactive conservation refers to voluntary actions aimed at conserving or restoring biodiversity and habitats, focusing on conservation of species, primarily in the U.S. Lower 48, before species require protection under government regulation. These actions benefit species that are at risk of becoming threatened or endangered in the future, as well as those already designated. Our proactive conservation initiatives are designed to create positive outcomes by reducing impact on biodiversity and by contributing to long-term ecosystem restoration.