As a full-cycle environmental consulting and engineering firm, PPM is well-positioned to help clients in the energy industry succeed by maintaining regulatory compliance and proactively managing potential environmental liabilities. This work has been a cornerstone of PPM's business since the inception of our firm and accounts for approximately 60 percent of our business today.
We've worked with some of the largest energy companies in the world, including Exxon Mobil, Chevron and Valero, and we have the experience needed to help your organization manage its environmental liabilities effectively. Today, this is more important than ever.
Environmental costs, risks growing for companies in all parts of the energy sector
U.S. oil and gas production has been growing significantly in recent years, with two noteworthy effects. The development of unconventional reserves has created new environmental challenges and stakeholders throughout the energy industry have found themselves facing heightened scrutiny from regulatory agencies at the federal, state and local levels.
Lux Research predicts that the energy industry's total annual spending on environmental, health and safety programs will exceed $56 billion by 2030. That would represent an increase of more than 60 percent over 2011 levels. The firm anticipates that midstream companies will account for a growing share of the sector's EHS expenditures going forward, although firms involved in exploration and production will continue to account for most of the total.
PPM offers solutions for companies in all segments of the energy industry. We recognize that the growth of unconventional drilling and production techniques will create new engineering and regulatory challenges not only for well operators, but also for companies that operate pipelines, terminals and refineries. Establishing comprehensive plans for managing risks and responding to any contingencies that may emerge isn't just a good business practice—in many cases it is a legal requirement.
Our services help clients in three main areas:
From initial site assessments to remediation and post-cleanup reporting, we can guide you through every step of the process.
PPM offers turnkey emergency response solutions that allow clients to protect human health and the environment, minimize potential liabilities associated with offsite impact, and control costs. We will not only delineate the extent of surface, soil and groundwater impact and design and install remediation systems, but also coordinate with insurance companies, local emergency responders and environmental agencies, manage communication with residents and the media, and leverage available government funds designated for emergency response.
We limit the cost of these projects by gathering the data required for contaminant delineation and site characterization with a minimal number of mobilizations and developing site-specific corrective action limits.
Our extensive knowledge of local, state and federal regulations in the areas where we work allows us to not only aid in risk management for specific projects, but contribute to clients' long-term strategic planning. We have a proven track record of working with regulatory agencies in the Southeast to get permitting processes completed in a timely manner, while laying the groundwork for long-term compliance.
We also perform NEPA evaluations with the goal of helping you establish a Finding of No Significant Impact (FONSI) or mitigate environmental issues to the greatest extent possible.
At PPM, we believe that a company's best protection against environmental liabilities is to avoid the conditions that create them. Our risk assessments and compliance audits are designed to be comprehensive and targeted to address all relevant issues. We provide our findings to clients in clear and concise reports and focus on maintaining effective communication to ensure our performance is aligned with our clients' needs and exceeds their expectations.
Contact us today to learn more about how we can help you manage your environmental liabilities, lower your costs and free up resources so you can focus on your core business.