Northern Oil & Gas, Inc., often referred to as NOG, is a prominent player in the oil and gas industry, headquartered in the United States. Established in 2006, the company has rapidly expanded its operations, primarily focusing on the acquisition and development of oil and natural gas properties in key regions such as the Bakken and Permian basins. Specialising in the exploration and production of hydrocarbons, Northern Oil & Gas distinguishes itself through its strategic partnerships and innovative approaches to resource management. The company has achieved significant milestones, including a robust portfolio of high-quality assets and a strong market position, making it a notable entity in the energy sector. With a commitment to operational excellence, Northern Oil & Gas continues to drive growth and sustainability in an ever-evolving market.
How does Northern Oil & Gas, 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 Gas/Diesel Oil 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.
Northern Oil & Gas, Inc.'s score of 15 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Northern Oil & Gas, Inc. reported significant carbon emissions, with a total of approximately 17,261,331,000 kg CO2e attributed to Scope 3 emissions. This figure includes various categories such as the use of sold products (about 13,650,613,000 kg CO2e) and downstream transportation and distribution (approximately 3,170,701,000 kg CO2e). The company did not disclose any Scope 1 or Scope 2 emissions data for this year. For the previous year, 2022, Northern Oil & Gas reported Scope 1 emissions of 8,300 kg CO2e and Scope 2 emissions of approximately 180,700 kg CO2e (market-based). The total Scope 3 emissions for 2022 were about 12,988,635,000 kg CO2e, indicating a substantial carbon footprint primarily driven by the use of sold products. Northern Oil & Gas has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. These targets reflect the company's commitment to addressing its direct emissions and aligning with industry standards for climate action. The initiatives are part of a broader strategy to enhance sustainability and reduce environmental impact in the oil and gas sector.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 8,300 |
Scope 2 | 180,700 |
Scope 3 | 12,988,635,000 |
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.
Northern Oil & Gas, 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.