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 13 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saturn Oil & Gas Inc's reported carbon emissions
In 2022, Saturn Oil & Gas Inc. reported total greenhouse gas emissions of approximately 237,442,000 kg CO2e from Scope 1 and 116,610,000 kg CO2e from Scope 2. This represents a significant increase in emissions compared to 2021, when the company recorded about 60,837,000 kg CO2e in Scope 1 and approximately 39,822,000 kg CO2e in Scope 2. Notably, the Scope 1 emissions included about 6,399,000 kg CO2e from fugitive emissions. Saturn Oil & Gas has set ambitious targets to reduce its greenhouse gas emissions intensity by 30% by 2030, relative to a 2019 baseline. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting the company's proactive approach to climate action. As of now, there are no reported Scope 3 emissions, and the company has not cascaded any emissions data from a parent or related organization. Saturn Oil & Gas Inc. continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 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 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.
