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Crude Oil Extraction
US
updated 10 days ago

Hercules Offshore, Inc.

Company website

Hercules Offshore, Inc., a prominent player in the offshore drilling industry, is headquartered in the United States. Founded in 2005, the company has established a strong presence in key operational regions, including the Gulf of Mexico and various international markets. Specialising in providing drilling services and support for oil and gas exploration, Hercules Offshore distinguishes itself with a fleet of modern jack-up rigs and innovative technologies tailored for challenging environments. With a commitment to safety and efficiency, Hercules Offshore has achieved significant milestones, positioning itself as a reliable partner in the energy sector. The company’s focus on operational excellence and customer satisfaction has garnered recognition, making it a notable entity in the offshore drilling landscape.

DitchCarbon Score

How does Hercules Offshore, Inc.'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.

3

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.

12

Industry Benchmark

Hercules Offshore, Inc.'s score of 3 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Hercules Offshore, Inc.'s reported carbon emissions

In 2024, Hercules Offshore, Inc. reported total carbon emissions of approximately 1,450,970 kg CO2e. This figure includes 1,352,720 kg CO2e from Scope 1 emissions, 56,480 kg CO2e from Scope 2 emissions, and 41,760 kg CO2e from Scope 3 emissions. The previous year, 2023, emissions were higher at about 1,745,630 kg CO2e, with Scope 1 emissions at 1,661,400 kg CO2e, Scope 2 at 29,377 kg CO2e, and Scope 3 at 54,840 kg CO2e. Hercules Offshore has demonstrated a significant reduction in total emissions from 2023 to 2024, amounting to a decrease of approximately 294,660 kg CO2e. This trend follows a broader reduction strategy, as emissions in 2022 were about 846,606 kg CO2e, and in 2021, they were approximately 381,578 kg CO2e. Despite these reductions, Hercules Offshore has not established specific science-based targets or formal climate pledges, as indicated by the absence of SBTi reduction targets or documented reduction initiatives. The company’s emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported. Overall, Hercules Offshore is making strides in reducing its carbon footprint, but further commitments and structured targets could enhance its climate strategy.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Hercules Offshore, Inc.'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 Hercules Offshore, Inc. is in US, which has a low 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.

Hercules Offshore, Inc. 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

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Where does DitchCarbon data come from?

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