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 21 is higher than 53% 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 total carbon emissions of approximately 17,261,331,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 13,800 kg CO2e, while Scope 2 emissions totalled approximately 211,800 kg CO2e. The majority of their emissions stemmed from Scope 3, which accounted for about 17,261,300,000 kg CO2e, highlighting the significant impact of their value chain activities. In 2022, the company reported lower emissions, with Scope 1 at about 8,300 kg CO2e, Scope 2 at approximately 180,700 kg CO2e, and Scope 3 emissions at around 12,988,635,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023, particularly in Scope 3. Northern Oil & Gas has set ambitious near-term climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. These targets reflect the company's commitment to addressing its direct and indirect emissions as part of its broader climate strategy. Overall, while the company has made significant emissions disclosures, the large volume of Scope 3 emissions suggests a critical area for future focus and reduction efforts.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 8,300 | 00,000 |
Scope 2 | 180,700 | 000,000 |
Scope 3 | 12,988,635,000 | 00,000,000,000 |
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.