This paper summarizes work that documents the technological progress made by the oil and gas exploration and production (E&P) industry and the environmental benefits realized from this progress. The paper provides quantitative evidence of the improvements in environmental performance made by the E&P industry, examines industry and societal trends, and highlights some of the specific technological improvements contributing to this improved environmental performance. This paper examines and quantifies how specific technological advances in the areas of oil and gas exploration, drilling, well completion and stimulation, and production operations -- primarily focused on improved efficiency, lower costs, and increased recovery -- have resulted in reduced environmental impacts. The paper demonstrates how these technological advances are allowing greater access and better development economics in environmentally challenging settings. Finally, the paper offers some perspectives on the role of research and development to support continued technology improvements in the future.

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