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Crude Oil Extraction
AU
updated 6 months ago

Drillsearch Energy Limited

Company website

Drillsearch Energy Limited, a prominent player in the Australian oil and gas sector, is headquartered in Sydney, Australia. Founded in 2003, the company has established itself as a key operator in the Cooper Basin and other significant regions, focusing on exploration and production of hydrocarbons. Drillsearch is renowned for its innovative approach to resource extraction, leveraging advanced technologies to enhance operational efficiency and sustainability. The company’s core services include oil and gas exploration, production, and development, which are underpinned by a commitment to safety and environmental stewardship. With a strong market position, Drillsearch has achieved notable milestones, including successful drilling campaigns and strategic partnerships that bolster its growth trajectory. As a result, Drillsearch Energy Limited continues to be a vital contributor to Australia’s energy landscape.

DitchCarbon Score

How does Drillsearch Energy Limited'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.

8

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.

7

Industry Benchmark

Drillsearch Energy Limited's score of 8 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Drillsearch Energy Limited's reported carbon emissions

Inherited from Beach Energy Limited

Drillsearch Energy Limited, headquartered in Australia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Beach Energy Limited, which may influence its climate-related strategies and performance metrics. As of now, Drillsearch Energy Limited has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). There are no climate pledges or initiatives reported that would indicate a proactive stance towards reducing carbon emissions. Given the lack of specific emissions data and reduction initiatives, it is essential to consider the broader industry context. Companies in the energy sector are increasingly focusing on sustainability and carbon reduction, often setting ambitious targets to align with global climate goals. However, without concrete data or commitments from Drillsearch Energy Limited, it remains unclear how the company plans to address its carbon footprint in the future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
Scope 1
18,297,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
501,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Drillsearch Energy Limited's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Drillsearch Energy Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Drillsearch Energy Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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