Anton prioritizes the protection and rational use of natural resources, integrating resource and energy conservation into all aspects of production and operations, through various technologies and management measures, the Company strives to maximize resource utilization, aiming for green, low-carbon, and high-quality development.

 

Energy Management

 

Anton adheres to the corporate philosophy of green development and strictly complies with relevant laws and regulations such as the Energy Conservation Law of the People's Republic of China, continuously improving its energy management mechanisms. Through technological innovation and process optimization, we continuously enhance energy efficiency and promote clean and low-carbon transformation, thereby contributing to the fulfillment of sustainability objectives.

 

Enhancement of Project Energy Efficiency

 

Through constant technological improvement and management optimization, we have diligently worked to reduce reliance on traditional energy sources, comprehensively advancing the replacement with clean energy. By continuously improving energy efficiency, we have reduced energy consumption and carbon emission intensity. In 2024, we implemented oilto-electricity projects in the Northwest and Southwest Business Divisions, optimizing energy use and saving 10,212.20 tons of standard coal, which reduced carbon emission of 27,572.44 tons of carbon dioxide equivalent. In other business divisions and subsidiaries, we implemented energy-saving measures such as reducing fracturing emulsions, optimizing the deployment of operators, optimizing washing workshops, and recycling flowback fluids. The Company total saved 11,572.00 tons of standard coal and reducing carbon emission by approximately 29,680.82 tons of carbon dioxide equivalent throughout the year, having remarkably reduced energy consumption.

 

Promotion of Energy-Saving Operation

 

Green office: We are committed to creating a greener, more environmentally friendly, and efficient workplace. We comprehensively promote a green office model, encourage paperless operations, and strengthen the energy-saving awareness of all employees through various forms of energy-saving education and publicity activities. We have been optimizing the management of lighting, heating, and cooling systems in office areas to reduce energy consumption in day-to-day operations. We implement an “asynchronous communication” mechanism, leveraging diverse information management tools to build a flexible and efficient office model, which further reduces resource consumption and carbon emissions. In 2024, Anton initiated a series of measures including air conditioning control optimization, replacement with energysaving lighting equipment, paperless office practices, and printer sharing to reduce energy consumption, starting with minor details.

Green mobility: Anton actively advocates for a green and low-carbon lifestyle and work approach, encouraging employees to adopt green mobility methods such as walking, cycling, or using public transportation or carpooling in their daily lives. The Company vigorously promotes a global “Work in the Same Office” program, establishing efficient online collaboration platforms that enable real-time communication between global teams. This effectively reduces the need for business travel due to inter-regional meetings, thereby significantly decreasing energy consumption and carbon emissions associated with travel.

 

Water Resource Management

 

Anton developed the Waste Water and Waste Liquid Pollution Prevention and Control Management Measures, which, in conjunction with the specific requirements of each operating location, comprehensively standardizes water resource management and wastewater treatment processes to ensure the compliance and environmental friendliness of water usage practices. The Company has established a comprehensive water resources management ledger system, requiring relevant departments to regularly submit water usage data, thereby achieving dynamic supervision of water usage. Moreover, Anton incorporates water resource management into its key performance indicators, establishing annual water management goals, and directly linking them to executive performance evaluation and compensation incentives; through quarterly, semi-annual, and annual assessments, the Company drives continuous optimization of water resource management.

Anton will continue to intensify innovation in water resource management, focusing on promoting the application of water recycling technologies to reduce fresh water consumption, striving to achieve a leading position in the industry in terms of water efficiency and resource conservation.

 

Water Conservation

The major sources of water for the Anton include surface water, groundwater, and municipal water supply, and the Company has not yet encountered any shortage of water resources.

We comprehensively promote water recycling technologies during operational construction to minimize the use of fresh water. Specifically, the Company optimizes downhole operation techniques, adopts well washing technology with wastewater circulation, and establishes a fracturing flowback fluid recovery and utilization system to achieve resource recycling and reuse. Moreover, the Company uses boiler hot water from the station area for domestic purposes to further enhance water resource utilization. To make full use of natural precipitation, the Company constructs a rainwater collection system within the wellsite area, equipped with filtration facilities and sedimentation tanks to ensure the rainwater quality meets standards before reuse. Through a series of scientific and effective water resource management measure, Anton has effectively reduced fresh water consumption, improved water recycling rates, and also achieved effective utilization of rainwater, etc. In 2024, the Northwest Business Division implemented a recycling program for returning fluids from platform wells, achieving a water saving of 65,218 tons. In the Oasis Camp, it is advocated that all personnel collect domestic water for purposes such as irrigation of green plants and flushing toilets, thereby achieving the reuse of water resources. Drilling Team 7, Workover Team 1, etc., designed and constructed a rainwater collection system at the wellsite, equipped with advanced rainwater purification facilities. This system filters and sedimentates the collected rainwater to bring it up to standards for reuse, effectively reducing the consumption of fresh water resources.

 

 

Material Management

The main raw materials used in our production and operations include barite, fracturing sand, ceramsite, proppant, cement, bentonite, etc. For these primary materials, the Company continuously increases investment in technological research and development and optimizes production processes to achieve resource conservation and efficient utilization. The Company prioritizes the use of green, non-toxic, and recyclable new materials. By improving the material recycling and reuse mechanism, we maximize material utilization, minimize material consumption per operation, thereby effectively reducing waste generation and minimizing the environmental impact. In 2024, Anton Shandong Precede used coiled tubing as an auxiliary tool for sand control, enabling the reuse of materials and reducing material consumption per well. This directly decreased steel consumption by approximately 20.6 tons, effectively reducing the consumption of raw materials.