Fracking Disclosure Report Not Kind to Continental Resources







The 2015 Disclosing the Facts report on fracking is out with rankings of 30 publicly-traded energy companies and their disclosures of the chemicals used in the controversial process.

Eight oil and gas companies made improvements in their 2015 disclosures while Oklahoma City-based Continental Resources was one of the three lowest ranked companies. Whiting Petroleum and Carrizo Oil and Gas joined Continental at the bottom of the list. Continental Resources scored only 2 points out of a possible score of 39. It was only a slight improvement over 2014 when the company had no points.

Tulsa-based WPX Energy is only one step higher than Continental Resources with three points total, the same as in 2014. Of the 30 companies, Oklahoma based Noble Energy Inc ranked 5th highest with a score of 19 points, an improvement over the 2014 score of 13. BHP Billiton, Ltd. ranked highest of all 30 companies with a score of 32, jumping up from the 18 points it had in the 2014 report.The report called BP the “disclosure leader.”

“Through its score, the company demonstrates that it has been putting systems in place to track data and increase disclosures,” stated the report.

Devon Energy was ranked 19th with a score of 7 points, two more than in 2014. Newfield Exploration Co., a Houston, Texas company with extensive drilling in Oklahoma is ranked 21st. Its score was six points compared to the four the previous year. Chesapeake Energy is ranked 22nd with a score of four points, three fewer than in 2014.

Hess, Apache, CONSOL Energy and Noble Energy also drew considerable praise in the report.

“Hess, Apache, Noble Energy and CONSOL Energy comprise a core of disclosure leadership companies outpacing the rest of the industry, with Southwestern Energy, Anadarko Petreoleum, QEP Resources and EQT slightly behind,” continued the report.

The annual report on fracking was carried out by three non-profits: As You Sow, a group that promotes environmental and social corporate responsibility; Boston Common Asset Management, LLC, which calls itself a sustainable investment firm dedicated to generating competitive financial returns and meaningful improvements in corporate performance on environmental, social and governance issues; and The Investor Environmental Health Network, a collaborative partnership of investment managers and advisors concerned about the impact of corporate practices on environmental health.

Full report is available at:

Read Disclosing the Facts 2015