EO100™ for Shale Oil & Gas Operations
In 2014, Equitable Origin began developing a technical addendum to the EO100™ Standard that would supplement the existing EO100™ Standard and allow for its application to shale oil and gas operations that use hydraulic fracturing (fracking). A working group of experts in shale development drawn from the Equitable Origin Technical Committee was formed to develop the technical addendum.
The EO shale expert sub-group produced a first draft of the addendum, titled EO100™ for Shale Oil and Gas, which was circulated for review and comment to a select group of external stakeholders with expertise in the social and environmental impacts of shale development covered by the draft standards. Comments and revisions from these external experts were incorporated in a second draft, which was published for public comment in early 2015.
Equitable Origin sought feedback on the draft standards by all stakeholders with an interest in or impacted by fracking and shale development operations, including residents, community groups, academics, oil and gas companies, oil and gas services firms, academics, researchers, regulators, oil and gas industry groups, activist groups, landowners/leaseholders, NGOs, and socially responsible investors.
Note that the standards for shale oil and gas are an addendum of the EO100™ Standard and should be considered as an extension of the provisions of the EO100™ Standard for Responsible Energy Development.