Key Performance Indicators for Sustainable Production Evaluation in Oil and Gas Sector

The oil and gas sector has a significant impact on sustainable development, making it important for the sector to implement serious changes in the way it does business. Oil and gas operations involve both upstream activities, and downstream activities. Due to the nature of these activities which cause high risks, companies work continuously to reduce the significance of their adverse impacts on the environment and people. Thus, evaluating the sustainable production in this sector is become a necessity. This paper proposes a set of Key Performance Indicators (KPIs) for evaluating the sustainable production believed to be appropriate to the oil and gas sector based on the triple bottom line of sustainability. The Analytical Hierarchy Process (AHP) method is applied to prioritize the performance indicators by summarizing the opinions of experts. It is hoped that the proposed KPIs enables and assists this sector to achieve the higher performance in sustainable production and so as to ensures business sustainability.