Public Profile

Obsidian Energy Ltd.

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.

DitchCarbon Score

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.

3

Industry Average

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.

0

Industry Benchmark

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.

20%

Obsidian Energy Ltd.'s reported carbon emissions

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Obsidian Energy Ltd.'s primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Obsidian Energy Ltd. is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers