Parker Wellbore, a leading name in the gas and diesel oil industry, is headquartered in the United States and operates extensively across key regions including North America and the Middle East. Founded in 2017, the company has quickly established itself as a significant player in wellbore construction and management, offering a range of services that include drilling, completions, and production optimisation.
What sets Parker Wellbore apart is its commitment to innovative technology and operational efficiency, ensuring safe and sustainable practices in every project. With a focus on delivering high-quality results, the company has achieved notable milestones, positioning itself as a trusted partner in the energy sector. Parker Wellbore continues to enhance its market presence through strategic growth and a dedication to excellence in service delivery.
-9 vs industry average
Parker Wellbore’s score of 11 is lower than 24% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Parker Wellbore's reported carbon emissions
Parker Wellbore, a US-based company operating in the Gas/Diesel Oil industry, has been reporting on its Scope 1 and Scope 2 carbon emissions.
In 2022, Parker Wellbore reported total Scope 1 emissions of approximately 28.9 million kg CO2e, with stationary combustion accounting for the largest portion at about 24.6 million kg CO2e and mobile combustion at approximately 4.4 million kg CO2e. Scope 2 emissions for the same year were about 5.8 million kg CO2e. This brings their combined Scope 1 and 2 emissions for 2022 to approximately 34.7 million kg CO2e.
For 2021, Scope 1 emissions totalled approximately 25.0 million kg CO2e (22.1 million kg CO2e from stationary combustion and 2.8 million kg CO2e from mobile combustion), with Scope 2 emissions at about 5.3 million kg CO2e, resulting in a combined total of approximately 30.3 million kg CO2e.
In 2020, Parker Wellbore's Scope 1 emissions were approximately 26.3 million kg CO2e (24.2 million kg CO2e from stationary combustion and 2.1 million kg CO2e from mobile combustion), and Scope 2 emissions stood at about 6.0 million kg CO2e, leading to a combined total of approximately 32.4 million kg CO2e.
Prior to 2020, detailed scope-specific data is not available, with a total emission figure reported for 2019 and 2018 as approximately 25.7 million kg CO2e for each year. Scope 3 emissions data is not yet disclosed by Parker Wellbore.
Parker Wellbore has not published specific reduction targets or commitments in the provided data. However, the company does provide emissions intensity metrics, such as emissions per man-hour and emissions per million USD of revenue, which may indicate a focus on operational efficiency. These intensity figures were approximately 0.00592 kg CO2e per man-hour and 7.528e-05 kg CO2e per USD of revenue in 2022. The organisation also notes missing data points for scope 3, specifically purchased goods and services.
It is noted that Parker Wellbore's climate performance data is cascaded from its parent company, Parker Wellbore Company, at level 0. However, CDP data is sourced from Nabors Industries Ltd. at cascade level 1, indicating a potential connection in reporting or disclosure through that entity.
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Parker Wellbore’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Parker Wellbore yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Parker Wellbore
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