Contango Oil & Gas Company Sustainability Profile
Contango Oil & Gas Company, often referred to simply as Contango, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 2006, the company has established a strong presence in key operational regions, focusing primarily on the exploration and production of oil and natural gas. Contango is recognised for its strategic approach to resource development, particularly in the Gulf Coast and Rocky Mountain regions. The company’s core services include the acquisition, exploration, and production of hydrocarbons, with a commitment to operational efficiency and sustainability. With a reputation for innovation and a solid market position, Contango has achieved significant milestones, including successful drilling programmes and strategic partnerships that enhance its growth potential. As a forward-thinking entity in the energy sector, Contango Oil & Gas Company continues to adapt to the evolving landscape of the oil and gas market.
DitchCarbon Score
How does Contango Oil & Gas Company'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
Contango Oil & Gas Company's score of 7 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Contango Oil & Gas Company, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is identified as a merged entity, inheriting its climate commitments and performance data from Crescent Energy Company, which is at cascade level 1. As of now, Contango Oil & Gas Company has not established any documented reduction targets or specific climate pledges. The lack of emissions data and formal commitments suggests that the company may still be in the early stages of developing its climate strategy. In the context of the oil and gas industry, companies are increasingly expected to set science-based targets and report on their emissions across all scopes (Scope 1, 2, and 3). However, without specific data or commitments from Contango Oil & Gas Company, it remains unclear how they plan to address their carbon footprint or align with industry standards for climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 452,016,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 533,269,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Contango Oil & Gas Company's Industry?
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Contango Oil & Gas Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Contango Oil & Gas Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
