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 13 is lower than 64% 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 2023, Permian Resources reported total carbon emissions of approximately 2,150,671,000 kg CO2e, comprising about 2,150,671,000 kg CO2e from Scope 1 and approximately 141,611,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, where total emissions were about 1,024,968,000 kg CO2e, with Scope 1 emissions at approximately 914,309,000 kg CO2e and Scope 2 emissions at about 110,659,000 kg CO2e. Permian Resources has set ambitious climate commitments, including a target to eliminate routine flaring by 2030, aligning with the World Bank initiative. Additionally, the company aims to reduce its Scope 1 emissions to near zero by the middle of this decade, with a similar target for Scope 2 emissions. Notably, they achieved a GHG intensity of 13.7 mT CO2e/MBOE in 2022, marking a 34% reduction from their 2020 baseline. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported on Scope 3 emissions. Their ongoing efforts reflect a commitment to improving sustainability within the mineral fuels and oils sector, as evidenced by their reported methane intensity of 70.0 MBOE for 2023.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 772,063,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 39,838,000 | 00,000,000 | 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.
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.
