Saturn Oil & Gas Inc
Saturn Oil & Gas Inc., a prominent player in the Canadian oil and gas sector, is headquartered in Calgary, Alberta. Founded in 2016, the company has rapidly established itself in the industry, focusing on the acquisition and development of high-quality oil assets. With a strategic emphasis on the Saskatchewan region, Saturn Oil & Gas has made significant strides in enhancing production efficiency and sustainability. The company’s core offerings include oil exploration, production, and development, distinguished by its commitment to innovative technologies and environmentally responsible practices. Saturn Oil & Gas has garnered recognition for its robust operational performance and strategic growth initiatives, positioning itself as a competitive force in the market. With a clear vision for the future, Saturn continues to expand its footprint while prioritising sustainable energy solutions.
DitchCarbon Score
How does Saturn Oil & Gas Inc'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
Saturn Oil & Gas Inc's score of 8 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Saturn Oil & Gas Inc's reported carbon emissions
In 2022, Saturn Oil & Gas Inc reported significant carbon emissions, totalling approximately 237,442,000 kg CO2e from Scope 1 and 116,610,000 kg CO2e from Scope 2. This marked an increase from 2021, where emissions were about 60,837,000 kg CO2e for Scope 1 and 39,822,000 kg CO2e for Scope 2. Notably, the company also reported fugitive emissions of approximately 6,399,000 kg CO2e in 2022 and 5,542,000 kg CO2e in 2021. Despite the lack of specific reduction targets or commitments disclosed, Saturn Oil & Gas Inc operates within the mineral fuels and oils sector, which is under increasing scrutiny for its environmental impact. The company has not outlined any formal climate pledges or science-based targets for emissions reduction, indicating a potential area for future development in their sustainability strategy. Overall, Saturn Oil & Gas Inc's emissions data highlights the challenges faced by the oil and gas industry in addressing climate change, underscoring the need for robust commitments to reduce carbon footprints in the coming years.
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Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 60,837,000 | 000,000,000 |
| Scope 2 | 39,822,000 | 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.
Saturn Oil & Gas Inc is not committed to any reduction initiatives 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.
