Lilis Energy, Inc., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations in key regions across the country. Founded in 2014, the company has rapidly established itself as a leader in the exploration and production of oil and natural gas, focusing primarily on the Permian Basin and the Eagle Ford Shale. Lilis Energy is renowned for its innovative approach to resource extraction, utilising advanced technologies to enhance efficiency and sustainability. The company offers a range of services, including drilling, production, and reservoir management, which set it apart in a competitive market. With a commitment to operational excellence, Lilis Energy has achieved notable milestones, positioning itself as a reliable partner in the energy sector.
How does Lilis Energy, 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.
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.
Lilis Energy, Inc.'s score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lilis Energy, Inc. reported carbon emissions of approximately 30,720 kg CO2e per employee. This figure has remained consistent since 2021, indicating a stable emissions profile in recent years. The company has not disclosed specific data regarding Scope 1, 2, or 3 emissions, nor have they set formal reduction targets or initiatives as part of their climate commitments. Lilis Energy's emissions data from previous years shows a notable increase from about 17,835 kg CO2e per employee in 2020 to the current level. Despite this increase, the absence of defined reduction strategies or commitments suggests a need for enhanced focus on sustainability practices within the organisation. As the energy sector increasingly prioritises climate action, Lilis Energy's lack of specific reduction targets may position them at a disadvantage in an industry that is rapidly evolving towards lower carbon footprints.
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.
Lilis Energy, 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.