Callon Petroleum
Callon Petroleum Company, commonly referred to as Callon, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 1950, the company has established a strong presence in key operational regions, particularly in the Permian Basin and the Eagle Ford Shale, where it focuses on the exploration and production of hydrocarbons. Specialising in the development of unconventional oil and natural gas resources, Callon is recognised for its innovative techniques and commitment to operational efficiency. The company’s core services include drilling, completion, and production optimisation, which set it apart in a competitive market. With a strategic emphasis on sustainable practices, Callon Petroleum has achieved significant milestones, positioning itself as a leader in the energy sector.
DitchCarbon Score
How does Callon Petroleum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Callon Petroleum's score of 10 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Callon Petroleum's reported carbon emissions
In 2022, Callon Petroleum, headquartered in the US, reported total carbon emissions of approximately 824,919,000 kg CO2e for Scope 1 and 172,299,000 kg CO2e for Scope 2, resulting in a combined total of about 997,218,000 kg CO2e. This marked a significant reduction from 2021, where Scope 1 emissions were approximately 1,047,039,000 kg CO2e and Scope 2 emissions were about 80,984,000 kg CO2e, leading to a total of around 1,128,023,000 kg CO2e. Since 2019, Callon Petroleum has made notable strides in reducing its carbon footprint. In 2022, the company achieved a 20% reduction in Scope 1 emissions, contributing to an overall reduction of 40% since 2019. The company is on track to meet its enhanced goal of a 50% reduction in Scope 1 GHG emissions intensity by 2024. Callon Petroleum's emissions data is cascaded from its parent company, Callon Petroleum Company, reflecting its commitment to transparency and accountability in climate reporting. The company has not disclosed any Scope 3 emissions data, focusing primarily on its direct and indirect emissions from operations. Overall, Callon Petroleum's climate commitments and reduction initiatives demonstrate a proactive approach to addressing carbon emissions within the oil and gas industry.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,450,165,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 118,929,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Callon Petroleum is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
