Northern Oil & Gas, Inc., commonly referred to as NOG, is a prominent player in the gas and diesel oil industry, headquartered in the United States. Founded in 2006, the company has established a strong presence in key operational regions, particularly in the Bakken formation of North Dakota and Montana.
Specialising in the acquisition and development of oil and natural gas properties, Northern Oil & Gas distinguishes itself through its strategic partnerships and focus on high-quality assets. The company has achieved significant milestones, including a robust portfolio of producing wells and a commitment to sustainable practices.
With a market position bolstered by consistent growth and innovative approaches, Northern Oil & Gas continues to be a noteworthy entity in the energy sector, dedicated to delivering value through its core services and operational excellence.
+5 vs industry average
Northern Oil & Gas, Inc.’s score of 24 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Northern Oil & Gas, Inc.'s reported carbon emissions
Northern Oil & Gas, Inc., based in the US and operating in the Gas/Diesel Oil industry, reported its most recent carbon emissions data for the fiscal year 2024. The company's total greenhouse gas emissions, encompassing Scope 1, 2, and 3, amounted to approximately 21.6 billion kg CO2e. Breaking this down, Scope 1 emissions were about 16,800 kg CO2e, Scope 2 emissions (location-based) were approximately 207,900 kg CO2e, and Scope 3 emissions were about 21.6 billion kg CO2e. For the fiscal year 2023, Northern Oil & Gas, Inc. reported total emissions of approximately 17.3 billion kg CO2e. This included Scope 1 emissions of about 13,800 kg CO2e, Scope 2 emissions (location-based) of approximately 211,800 kg CO2e, and Scope 3 emissions of around 17.3 billion kg CO2e. In fiscal year 2022, the company's total emissions were approximately 13.0 billion kg CO2e. This consisted of Scope 1 emissions totalling about 8,300 kg CO2e, Scope 2 emissions (location-based) of approximately 175,000 kg CO2e, and Scope 3 emissions of around 13.0 billion kg CO2e. Northern Oil & Gas, Inc. has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the current decade, specifically targeting this by 2024 from a 2023 baseline. The company's sustainability reporting for 2024 indicates that Scope 3 data for purchased goods and services is a missing data point.
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Northern Oil & Gas, Inc.’s Climate Goals (2030 & 2050)
2 goals2025
We aim to reduce our Scope 1 emissions to near zero by the m…
We aim to reduce our Scope 1 emissions to near zero by the middle of this decade.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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