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.
-9 vs industry average
Callon Petroleum’s score of 6 is lower than 32% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Callon Petroleum's reported carbon emissions
In 2022, Callon Petroleum, headquartered in the US, reported total carbon emissions of approximately 997,218,000 kg CO2e. This figure includes 824,919,000 kg CO2e from Scope 1 emissions and 172,299,000 kg CO2e from Scope 2 emissions. Notably, Callon has not disclosed any Scope 3 emissions data. The company has made significant strides in reducing its carbon footprint. Since 2019, Callon has achieved a total reduction of 40% in its Scope 1 emissions, with a notable 20% reduction occurring in 2022 alone. Looking ahead, Callon is on track to meet its enhanced goal of reducing Scope 1 GHG emissions intensity by 50% by 2024. Callon Petroleum's emissions data is cascaded from its parent company, Callon Petroleum Company, reflecting its commitment to sustainability and climate action within the oil and gas sector. The company continues to focus on improving its environmental performance while addressing the challenges of climate change.
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Callon Petroleum’s Climate Goals (2030 & 2050)
2 goals2022
40% reduction in Scope 1
In 2022, we reduced our Scope 1 emissions by an additional 20%, marking a significant 40% total reduction since 2019.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Callon Petroleum
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