Helmerich And Payne
Helmerich & Payne, Inc. (often referred to as H&P) is a leading provider in the oil and gas industry, headquartered in Tulsa, Oklahoma, USA. Founded in 1920, the company has established itself as a pioneer in drilling technology, particularly in the development of advanced drilling rigs and services. With a strong operational presence in North America and international markets, H&P focuses on contract drilling and technology solutions that enhance efficiency and safety. The company is renowned for its state-of-the-art FlexRig® technology, which offers unmatched performance and adaptability in various drilling environments. Helmerich & Payne's commitment to innovation has positioned it as a market leader, consistently achieving high utilisation rates and operational excellence. With a rich history of milestones, H&P continues to shape the future of drilling, making significant contributions to the energy sector.
DitchCarbon Score
How does Helmerich And Payne'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
Helmerich And Payne's score of 13 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Helmerich And Payne's reported carbon emissions
In 2023, Helmerich & Payne reported total carbon emissions of approximately 1,186,000,000 kg CO2e, comprising about 1,142,000,000 kg CO2e from Scope 1 and about 43,000,000 kg CO2e from Scope 2 emissions. This marked a reduction from 2022, where total emissions were about 1,117,000,000 kg CO2e. The company has shown a consistent effort to manage its carbon footprint, with emissions intensity decreasing to approximately 0.00041 kg CO2e per $1,000 in revenue in 2023. Over the years, Helmerich & Payne's emissions have fluctuated, with Scope 1 emissions peaking at about 1,400,000,000 kg CO2e in 2019. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. The company’s emissions data reflects a commitment to transparency, with disclosures covering both Scope 1 and Scope 2 emissions. However, there is no available data on Scope 3 emissions, which are often significant in the oil and gas industry. Overall, Helmerich & Payne's emissions management strategy appears to be evolving, with a focus on reducing their operational impact on climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,235,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 7,600,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Helmerich And Payne 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.
