EOG Resources, Inc., a leading independent oil and natural gas company, is headquartered in the United States, with significant operations across the Permian Basin, Eagle Ford, and other key regions. Founded in 1999, EOG has established itself as a pioneer in the exploration and production sector, focusing on the development of unconventional resources. The company is renowned for its innovative approach to drilling and completion techniques, which enhance efficiency and reduce costs. EOG's core offerings include crude oil, natural gas liquids, and natural gas, positioning it as a formidable player in the energy market. With a commitment to sustainable practices and technological advancement, EOG Resources has achieved notable milestones, including consistent production growth and a strong financial performance, solidifying its reputation as a top-tier energy provider.
How does Eog Resources'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.
Eog Resources's score of 26 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Eog Resources reported significant carbon emissions, totalling approximately 57,000,000 kg CO2e from Scope 1, 400,000 kg CO2e from Scope 2, and a substantial 118,000,000,000 kg CO2e from Scope 3 emissions. This indicates a continued reliance on fossil fuel production, with Scope 3 emissions primarily arising from the use of sold products. In previous years, Eog Resources has shown varying emissions levels. For instance, in 2022, the company emitted about 51,000,000 kg CO2e from Scope 1 and 400,000 kg CO2e from Scope 2, alongside 110,300,000,000 kg CO2e from Scope 3. The trend suggests a consistent pattern of high Scope 3 emissions, which are often the most challenging for companies in the oil and gas sector to manage. Despite the high emissions figures, Eog Resources has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry challenges in addressing climate change while maintaining profitability. Overall, Eog Resources's emissions data highlights the ongoing environmental impact of its operations, particularly in the context of global climate commitments and the need for substantial reductions in greenhouse gas emissions across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 20,900,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 11,500,000 | 0,000,000 | 00,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 4,700,000 | 0,000,000 | 0,000,000 | - | - | - | 000,000,000,000 | 000,000,000,000 |
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.
Eog Resources is committed to some 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.