Dril Quip
Dril-Quip, Inc., a leading provider of advanced drilling and production equipment, is headquartered in the United States, with significant operations across key regions including the Gulf of Mexico, Brazil, and the North Sea. Founded in 1987, the company has established itself as a pivotal player in the oil and gas industry, specialising in subsea and surface equipment. Dril-Quip's core offerings include blowout preventers, subsea trees, and wellhead systems, all designed to enhance safety and efficiency in drilling operations. Their innovative technology and commitment to quality have positioned them as a trusted partner for major energy companies worldwide. With a strong market presence and a reputation for reliability, Dril-Quip continues to achieve notable milestones, reinforcing its status as a leader in the energy sector.
DitchCarbon Score
How does Dril Quip'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 Business Services 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
Dril Quip's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dril Quip's reported carbon emissions
In 2023, Dril Quip reported total carbon emissions of approximately 4,000,000,000 kg CO2e, comprising 1,205,000,000 kg CO2e from Scope 1, 366,000,000 kg CO2e from Scope 2, and 2,533,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions include significant contributions from purchased goods and services (about 1,954,000,000 kg CO2e) and fuel and energy-related activities (approximately 344,000,000 kg CO2e). Dril Quip has set ambitious greenhouse gas (GHG) reduction goals, aiming for carbon-neutral operations by 2050. This long-term commitment encompasses all scopes of emissions, reflecting a proactive approach to climate responsibility. The company's emissions data is cascaded from its parent organization, Dril-Quip, Inc., which provides a comprehensive view of its environmental impact. Overall, Dril Quip's climate commitments and emissions data highlight its dedication to addressing climate change and reducing its carbon footprint in the oil and gas industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,316,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 527,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Dril Quip 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.
