Ranger Oil Corporation
Ranger Oil Corporation, a prominent player in the oil and gas industry, is headquartered in the United States. Founded in 2004, the company has established a strong presence in key operational regions, particularly in the Eagle Ford Shale and the Williston Basin. Ranger Oil focuses on the exploration, development, and production of oil and natural gas, leveraging advanced technologies to optimise resource extraction. With a commitment to operational excellence, Ranger Oil distinguishes itself through its efficient drilling techniques and strategic asset management. The company has achieved significant milestones, including a robust portfolio of high-quality reserves and a reputation for sustainable practices. As a growing entity in the energy sector, Ranger Oil Corporation continues to enhance its market position, driven by innovation and a dedication to delivering value to stakeholders.
DitchCarbon Score
How does Ranger Oil Corporation'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
Ranger Oil Corporation's score of 4 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ranger Oil Corporation's reported carbon emissions
In 2023, Ranger Oil Corporation reported a greenhouse gas (GHG) emissions intensity of approximately 43,000 kg CO2e per barrel of oil equivalent for Scope 1 and Scope 2 emissions in their Canadian segment. This figure reflects their ongoing operations in the mineral fuels and oils sector. For the year 2022, the GHG emissions intensity was slightly higher at about 47,000 kg CO2e per barrel of oil equivalent. The company has not disclosed specific total emissions figures for these years, nor have they provided data for Scope 3 emissions. In 2021, Ranger Oil's total Scope 1 emissions were approximately 587,828,000 kg CO2e, with an additional 14,859,000 kg CO2e attributed to Scope 2 emissions. This indicates a significant operational footprint, primarily from direct emissions associated with their activities. Despite the emissions data available, Ranger Oil has not set specific reduction targets or climate pledges, which may limit their accountability in addressing climate change. The absence of documented reduction initiatives suggests a need for enhanced commitment to sustainability practices within the industry context. Overall, while Ranger Oil Corporation has made strides in measuring their emissions intensity, further transparency and commitment to reduction targets would strengthen their climate strategy.
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| 2021 | |
|---|---|
| Scope 1 | 587,828,000 |
| Scope 2 | 14,859,000 |
| 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.
Ranger Oil Corporation 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.
