85 MW congeneration facility commissioned; exporting power to AB grid
SAGD rigs converted from diesel to highline power
Milestones
Phase 2
Production Capacity 25,000 bpd
2009
2011
Innovations
eMSAGP Pilot
Demonstrate SOR of 1.3 at eMSAGP pilot
Milestones
26,603 bpd of production at 2.40 SOR
2011
2013
Innovations
eMSAGP commercial roll-out
Additional 85 MW cogeneration facility commissioned; exporting power to AB grid
Milestones
Phase 2B
Production Capacity 60,000 bpd
2013
2014
Innovations
eMSAGP expansion to Phase 2
Milestones
71,186 bpd of production at 2.48 SOR
2014
2016
Innovations
eMVAPEX Pilot Phase 1
Milestones
First CDP Climate response
2016
2017
Innovations
eMVAPEX Pilot Phase 2
2017
2018
Innovations
eMSAGP expansion to Phase 2B
eMVAPEX Pilot Phase 3
iSOR of <0.1 may be achievable
Process Tanks Fugitive Emissions Reduction Project
Milestones
Production Capacity 100,000 bpd
GHG metrics incorporated into Corporate Performance Scorecard
2.19 SOR - 20% below industry average
2018
2019
Milestones
93,092 bpd of production at 2.22 SOR
First ESG Report
2019
2020
Innovations
Deployment of artificial intelligence and automation to wells
Expanded fugitive emissions management program
Milestones
First ESG data supplement and TCFD index disclosed
2020
2021
Innovations
Heavy Oil Viscosity Reduction technology pilot
CCS technology evaluation
Milestones
Founding member of Pathways Alliance
40% of Board members composed of Diverse Persons (achieved ahead of 2025 target)
2021
2022
Milestones
One of 19 carbon capture and storage (CCS) proposals chosen to proceed to the next stage of evaluation by the Alberta government
Allocated $2.6MM to caribou restoration since 2016
2022
2023
Milestones
2023 ESG Report published
2023
Incident Notification
Incident notification – April 30, 2016 – Meg Energy announces that today, at approximately 08:15 hrs, during work carried out on a natural gas well near the village of Edmonton in Alberta.
