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Crude Oil Extraction
US
updated 2 days ago

Meridian Resource Corporation

Company website

Meridian Resource Corporation, often referred to as Meridian, is a prominent player in the energy sector, headquartered in the United States. Established in 1995, the company has carved a niche in the exploration and production of oil and natural gas, primarily operating in key regions across the Gulf Coast and the Rocky Mountains. With a commitment to innovation and sustainability, Meridian offers a range of services including upstream exploration, drilling, and production management. Their unique approach to resource extraction, combined with advanced technology, positions them as a leader in the industry. Notably, Meridian has achieved significant milestones in operational efficiency and environmental stewardship, reinforcing their reputation as a responsible energy provider. As they continue to expand their market presence, Meridian Resource Corporation remains dedicated to delivering reliable energy solutions while prioritising safety and sustainability.

DitchCarbon Score

How does Meridian Resource Corporation'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.

16

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

Meridian Resource Corporation's score of 16 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Meridian Resource Corporation's reported carbon emissions

In 2023, Meridian Resource Corporation reported total carbon emissions of approximately 10,315,820 kg CO2e. This figure includes Scope 1 emissions of about 1,523,160 kg CO2e, primarily from mobile combustion, which accounted for approximately 1,040,890 kg CO2e. Scope 2 emissions totalled around 614,680 kg CO2e, with purchased electricity contributing about 224,630 kg CO2e and purchased heat approximately 336,530 kg CO2e. The majority of emissions stemmed from Scope 3, amounting to about 8,515,140 kg CO2e, with significant contributions from business travel (approximately 3,822,250 kg CO2e) and purchased goods and services (around 1,808,830 kg CO2e). Meridian Resource Corporation has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 greenhouse gas emissions by 60% from a 2019 baseline by 2025. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. The emissions data for Meridian Resource Corporation is cascaded from its corporate family, specifically from the parent organization, which is not explicitly named in the provided data. This relationship indicates a merged entity structure, ensuring that the emissions reporting is consistent with broader corporate sustainability initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
1,306,130
0,000,000
0,000,000
0,000,000
Scope 2
167,000
000,000
000,000
000,000
Scope 3
7,532,910
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meridian Resource Corporation'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 Meridian Resource Corporation 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.

Meridian Resource Corporation 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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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