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Crude Oil Extraction
US
updated a month ago

Paragon Offshore Drilling LLC

Company websiteClaim

Paragon Offshore Drilling LLC, a prominent player in the offshore drilling industry, is headquartered in the United States. Founded in 2014, the company has quickly established itself as a key provider of drilling services, primarily focusing on the deepwater and ultra-deepwater sectors. With operational regions spanning the Gulf of Mexico and international waters, Paragon Offshore is well-positioned to meet the demands of a dynamic market. The company offers a diverse range of services, including drilling rig operations and management, which are distinguished by their commitment to safety and efficiency. Paragon Offshore's modern fleet of rigs and advanced technologies enhance its competitive edge, enabling it to deliver reliable solutions to its clients. Recognised for its operational excellence, Paragon Offshore continues to solidify its market position through strategic partnerships and a focus on innovation in offshore drilling.

DitchCarbon Score

How does Paragon Offshore Drilling LLC'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.

17

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.

12

Industry Benchmark

Paragon Offshore Drilling LLC's score of 17 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Paragon Offshore Drilling LLC's reported carbon emissions

Inherited from Borr Drilling Limited

Paragon Offshore Drilling LLC, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Borr Drilling Limited, which may influence its climate commitments and reporting practices. As of now, Paragon Offshore Drilling LLC has not established any documented reduction targets or climate pledges. The lack of specific emissions data suggests that the company may be in the early stages of developing its sustainability strategy or may rely on its parent company's initiatives for guidance. Given its relationship with Borr Drilling Limited, any climate commitments or emissions data may be cascaded from this parent organisation. However, no specific targets or initiatives from Borr Drilling Limited have been detailed in relation to Paragon Offshore Drilling LLC's operations. In summary, while Paragon Offshore Drilling LLC does not currently provide emissions data or reduction targets, its affiliation with Borr Drilling Limited may play a role in shaping its future climate commitments.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
104,952,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
1,266,000
000,000
000,000
-
000,000
000,000
Scope 3
-
-
00,000,000
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paragon Offshore Drilling LLC'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. This request for Paragon Offshore Drilling LLC is in US, which has a high grid carbon intensity relative to other regions.

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.

Paragon Offshore Drilling LLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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