Obsidian Energy Ltd., a prominent player in the Canadian oil and gas sector, is headquartered in Calgary, Alberta. Founded in 1979, the company has evolved significantly, focusing on the exploration and production of oil and natural gas, primarily in the Western Canadian Sedimentary Basin. With a commitment to operational excellence, Obsidian Energy offers a diverse portfolio of energy products, including light oil and natural gas liquids, distinguished by their emphasis on sustainability and efficiency. The company has achieved notable milestones, including a successful restructuring in 2018 that strengthened its market position. Recognised for its innovative approaches and strong asset base, Obsidian Energy continues to be a key contributor to the energy landscape in Canada, driving forward with a focus on responsible resource development.
How does Obsidian Energy Ltd.'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 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.
Obsidian Energy Ltd.'s score of 3 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Obsidian Energy Ltd., headquartered in Canada, currently does not have publicly available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures or commitments, it is challenging to assess the company's climate impact or its strategies for addressing carbon emissions. In the context of the oil and gas industry, companies are increasingly focusing on sustainability and reducing their carbon footprints, but specific details regarding Obsidian Energy's commitments or performance in this area remain unclear.
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.
Obsidian Energy Ltd. is not committed to any reduction initiatives 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.