“Exploration, development and production of oil and gas resources provide affordable energy that contributes significantly to well-being and prosperity. SPE encourages the responsible management of these oil and gas resources and operations including the appropriate management of social and environmental impacts and their related risks. SPE demonstrates this commitment by offering its members opportunities to train, share knowledge and advance practices for doing business in ways that balance economic growth, social development, and environmental protection to meet societal needs today and in the future.”
— Sustainability Definition Adopted at June 2014 SPE Board of Directors meeting