Silverbow Resources
Silverbow Resources, also known as SBOW, is a prominent player in the US oil and gas industry, headquartered in Houston, Texas. Founded in 2012, the company has rapidly established itself in key operational regions, particularly in the Eagle Ford Shale and the Permian Basin, focusing on the exploration and production of hydrocarbons. Specialising in the acquisition and development of oil and natural gas assets, Silverbow Resources distinguishes itself through its commitment to operational efficiency and sustainable practices. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position and expanded its resource base. With a strong emphasis on innovation and environmental stewardship, Silverbow Resources continues to make notable contributions to the energy sector, positioning itself as a reliable and forward-thinking entity in the competitive landscape of energy production.
DitchCarbon Score
How does Silverbow 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
Silverbow Resources's score of 8 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Silverbow Resources's reported carbon emissions
In 2022, Silverbow Resources, headquartered in the US, reported total Scope 1 emissions of approximately 380,445,360 kg CO2e. This figure reflects a significant increase from 2021, when emissions were about 282,672,770 kg CO2e. The emissions data is inherited from its parent company, Crescent Energy Company, indicating a corporate family relationship. Silverbow Resources has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% by 2030, using a 2020 baseline. Additionally, the company targets a 25% reduction in Scope 2 emissions by the same year. These initiatives demonstrate a proactive approach to addressing climate change and align with industry standards for sustainability. The company has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. However, the focus on reducing Scope 1 and 2 emissions highlights Silverbow's commitment to improving its environmental impact.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 282,672,770 | 000,000,000 |
| Scope 2 | - | - |
| 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.
Silverbow 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.
