Hurricane Energy
Hurricane Energy plc, commonly referred to as Hurricane Energy, is a prominent independent oil and gas company headquartered in Great Britain. Founded in 2005, the company has established itself as a key player in the UK’s upstream oil sector, focusing primarily on the exploration and production of hydrocarbons from fractured basement reservoirs. With significant operations in the UK Continental Shelf, Hurricane Energy is renowned for its innovative approach to oil extraction, particularly its unique use of advanced technology to unlock resources in challenging geological formations. The company’s flagship asset, the Lancaster field, has positioned it as a leader in the development of fractured basement reservoirs, showcasing its commitment to maximising recovery while maintaining operational efficiency. Hurricane Energy's strategic focus on sustainable practices and its notable achievements in production milestones underscore its competitive edge in the energy market, making it a noteworthy entity in the evolving landscape of the oil and gas industry.
DitchCarbon Score
How does Hurricane Energy'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 Electricity from Other Sources 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
Hurricane Energy's score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hurricane Energy's reported carbon emissions
In 2023, Hurricane Energy reported total carbon emissions of approximately 19,327,500 kg CO2e. This figure includes Scope 1 emissions of about 371,000 kg CO2e, Scope 2 emissions of approximately 535,920 kg CO2e (market-based), and a significant Scope 3 contribution of around 18,421,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions intensity by 5% from 2020 levels by the end of 2025. Additionally, Hurricane Energy has pledged to achieve net-zero greenhouse gas emissions by 2040, reflecting a long-term commitment to sustainability. Hurricane Energy's emissions data is cascaded from its parent company, Prax Upstream Limited, indicating a corporate family relationship that influences its climate reporting and targets. The company is currently on track to meet its near-term intensity reduction goals, demonstrating a proactive approach to addressing its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 209,421,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 2 | 84,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | 000,000 | 0,000,000 | 00,000,000 |
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.
Hurricane Energy 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.
