Chord Energy Corporation, commonly referred to as Chord Energy, is a prominent player in the oil and gas industry, headquartered in Houston, Texas. Founded in 2022, the company has quickly established itself in key operational regions, particularly in the Williston Basin, where it focuses on the exploration and production of oil and natural gas. Specialising in the development of high-quality energy resources, Chord Energy is recognised for its innovative approach to sustainable energy practices. The company’s core services include efficient drilling and production techniques that enhance resource recovery while minimising environmental impact. With a commitment to operational excellence, Chord Energy has achieved significant milestones, positioning itself as a leader in the energy sector and earning accolades for its performance and sustainability initiatives.
How does Chord Energy'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.
Mean score of companies in the Electricity Transmission 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.
Chord Energy's score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Chord Energy reported carbon emissions of approximately 1.5 million tonnes CO2e from Scope 1 and about 282,658 tonnes CO2e from Scope 2. The total emissions for the year were around 1.8 million tonnes CO2e. Notably, the company has made significant strides in reducing its emissions intensity, achieving a Scope 1 GHG emissions intensity of about 0.00001731 tonnes CO2e per gross annual production. Over the years, Chord Energy has demonstrated a commitment to improving its environmental performance. For instance, in 2022, the company recorded approximately 1.6 million tonnes CO2e from Scope 1 and about 260,222 tonnes CO2e from Scope 2, indicating a trend towards lower emissions intensity. Despite the absence of specific reduction targets or initiatives outlined in their recent reports, Chord Energy's ongoing efforts to monitor and report emissions reflect a broader commitment to sustainability within the energy sector. The company continues to focus on reducing its carbon footprint while maintaining operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 519,701,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 178,369,000 | 00,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - |
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.
Chord Energy is not committed to any reduction initiatives 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.