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Ovintiv Exploration Inc.
Ovintiv Exploration Inc., a prominent player in the oil and gas industry, is headquartered in the United States. Founded in 2003, the company has established itself as a leader in the exploration and production of hydrocarbons, with significant operations in key regions such as the Permian Basin and the Montney formation in Canada. Specialising in unconventional resource development, Ovintiv is known for its innovative approaches to drilling and completion techniques, which enhance efficiency and reduce environmental impact. The company has achieved notable milestones, including a strong focus on sustainability and a commitment to reducing greenhouse gas emissions. With a robust portfolio of assets and a strategic market position, Ovintiv Exploration Inc. continues to drive advancements in the energy sector, making it a noteworthy entity in the global oil and gas landscape.
DitchCarbon Score
How does Ovintiv Exploration 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 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.
Industry Benchmark
Ovintiv Exploration Inc.'s score of 13 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ovintiv Exploration Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The company is a current subsidiary of Ovintiv Inc., which may influence its climate commitments and performance metrics. As a part of its corporate family, Ovintiv Exploration Inc. may inherit broader climate strategies and initiatives from its parent company, Ovintiv Inc. However, specific details regarding emissions reductions or climate pledges are not disclosed at this time. The absence of detailed emissions data and reduction targets suggests that Ovintiv Exploration Inc. is still in the process of establishing its climate commitments within the industry context. In summary, while Ovintiv Exploration Inc. is positioned within a larger corporate structure that may have climate initiatives, specific emissions data and reduction commitments remain unspecified.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,623,772,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 391,092,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Ovintiv Exploration 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.
