Driving safety and excellence
Kenneth Klanika joined VTX as HSE & Regulatory Manager in May 2023. Drawing on his expertise in process safety management, he led the creation of a safe work practices manual and an incident reporting and investigation system.
In 2024, Kenneth implemented a comprehensive contractor and supplier onboarding management programme, building a strong safety culture among on-site contractors and suppliers. The programme also established the expectation of accurate and timely incident reporting, which helps to assess root causes. By year-end, 94% of contractors and suppliers were subject to the programme. The VTX HSE team regularly conducts audits to verify compliance with stringent safety standards.
VTX’s leadership and the Vitol investments team also set annual ESG targets (e.g. reductions in TRIR, spills, and flared gas) that are taken into account when determining employee compensation.
While increasing hydrocarbon sales by 22%, VTX drove positive change and further enhanced responsible operations.
Water use: VTX reduced its source water1 intensity per lateral foot by 27% between 2023 and 2024 by:
- Increasing the intensity of recycled water use by 63%
- Reducing total water intensity in frac design by 7%
Energy consumption: VTX reduced its diesel consumption by 50% between 2023 and 2024 by:
- Using electric rigs in drilling and substituting diesel for compressed natural gas
in fracking - Improving drilling performance, reducing overall energy demand by 12
Carbon intensity: VTX cut its carbon intensity by 42% between Q1 2023 and Q4 2024 by:
- Substituting diesel for CNG and switching to electric rigs
- Retrofitting legacy facilities e.g. replacing gas-driven pneumatic devices with
compressed air
