Graduation Year

2015

Date of Submission

4-2015

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Environment, Economics, and Politics (EEP)

Reader 1

William Ascher

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© 2015 Haley E. Conner

Abstract

Oil and gas industry operations place large pressures on the local environment and inhabitants. However, the continued rise in the demand for useable energy and resources has resulted in further production pressures for oil and gas companies. Meeting these demands comes with high risks and costs to both society and the environment. Oil and gas companies are thus faced with the challenge of meeting the world’s expanding energy demands while minimizing the negative externalities associated with these operations.

Many of the risks these corporations face are site specific, requiring detailed background research and precautionary measures that cannot be solved using a generalized framework. This paper aims to address these environmental operating concerns through risk management recommendations for oil and gas companies. If oil and gas corporations are able to embed environmental concerns into all aspects of daily operations, these companies can achieve socially beneficial outcomes, while avoiding potential disasters and more stringent legislation.

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