Northern Oil & Gas, Inc.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Northern Oil & Gas, Inc.'s score of 15 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Northern Oil & Gas, Inc.'s reported carbon emissions
In 2023, Northern Oil & Gas, Inc. reported total carbon emissions of approximately 17,264,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.2% of the total. Specifically, Scope 1 emissions were recorded at 13,800 kg CO2e, while Scope 2 emissions totalled 211,800 kg CO2e. The majority of Scope 3 emissions stemmed from the use of sold products, amounting to approximately 13,650,613,000 kg CO2e. In 2022, the company reported total emissions of about 12,989,000,000 kg CO2e, with Scope 1 emissions at 8,300 kg CO2e and Scope 2 emissions at 180,700 kg CO2e. The Scope 3 emissions for that year were primarily driven by the use of sold products, which totalled approximately 10,367,450,000 kg CO2e. Despite these substantial emissions figures, Northern Oil & Gas, Inc. has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The absence of initiatives such as Science-Based Targets (SBTi) or other reduction strategies suggests that the company may be in the early stages of addressing its climate impact. Overall, Northern Oil & Gas, Inc. operates within a challenging industry context, where significant emissions are common, particularly in the oil and gas sector. The company’s emissions data reflects its operational scale and highlights the need for enhanced climate commitments moving forward.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 8,300 | 00,000 |
| Scope 2 | 180,700 | 000,000 |
| Scope 3 | 12,988,635,000 | 00,000,000,000 |
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.
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.
