Permian Resources
Permian Resources Corporation, commonly referred to as Permian Resources, is a prominent player in the oil and gas industry, headquartered in the United States. Established in 2017, the company has rapidly expanded its operations across key regions in the Permian Basin, a vital area for hydrocarbon production. Specialising in the exploration and production of oil and natural gas, Permian Resources distinguishes itself through its innovative extraction techniques and commitment to sustainability. The company has achieved significant milestones, positioning itself as a leader in the sector with a focus on maximising resource recovery while minimising environmental impact. With a robust portfolio of assets and a strategic approach to development, Permian Resources continues to solidify its market position, contributing to the energy landscape with efficiency and responsibility.
DitchCarbon Score
How does Permian Resources'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 Gas/Diesel Oil 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
Permian Resources's score of 11 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Permian Resources's reported carbon emissions
In 2022, Permian Resources reported total carbon emissions of approximately 1,024,968,000 kg CO2e, comprising 914,309,000 kg CO2e from Scope 1 emissions and 110,659,000 kg CO2e from Scope 2 emissions. This marked a significant increase from previous years, with Scope 1 emissions rising from 815,623,000 kg CO2e in 2020 and 687,618,000 kg CO2e in 2021. The company has made notable strides in reducing its greenhouse gas (GHG) intensity, achieving a GHG intensity of 13.7 mT CO2e/MBOE, which represents a 34% reduction from its 2020 baseline. Additionally, Permian Resources is committed to eliminating routine flaring by 2030, aligning with the World Bank initiative, further demonstrating its dedication to climate action. Overall, Permian Resources is actively working towards reducing its carbon footprint while addressing the challenges of climate change within the oil and gas sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 772,063,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 39,838,000 | 00,000,000 | 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.
Permian Resources 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.
