Tourmaline Oil Corp, commonly referred to as Tourmaline Oil, is a prominent player in the Canadian oil and gas industry, headquartered in Calgary, Alberta. Founded in 2008, the company has rapidly established itself as one of Canada’s largest natural gas producers, with significant operations in the Montney and Peace River regions.
Tourmaline Oil is renowned for its commitment to efficient resource development and innovative extraction techniques, focusing primarily on natural gas and natural gas liquids. The company’s unique approach to sustainability and operational excellence has positioned it as a leader in the sector, achieving notable milestones in production growth and environmental stewardship. With a strong market presence, Tourmaline Oil continues to drive advancements in the energy landscape, making it a key player in the transition towards cleaner energy solutions.
+4 vs industry average
Tourmaline Oil’s score of 21 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Heavy Fuel Oil has above-average carbon intensity
Industry performance
The Heavy Fuel Oil industry has reduced its overall emissions by 45% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tourmaline Oil's reported carbon emissions
Tourmaline Oil, headquartered in Canada, reported Scope 1 and Scope 2 emissions for the years 2014 through 2022. **2022 Emissions:** * Scope 1 emissions totalled approximately 2.93 billion kg CO2e. * Scope 2 emissions amounted to approximately 79.23 million kg CO2e. * Total Scope 1 and 2 emissions for 2022 were approximately 3.01 billion kg CO2e. **2021 Emissions:** * Scope 1 emissions were approximately 2.60 billion kg CO2e. * Scope 2 emissions were approximately 86.12 million kg CO2e. * Total Scope 1 and 2 emissions for 2021 were approximately 2.69 billion kg CO2e. **2020 Emissions:** * Scope 1 emissions totalled approximately 2.07 billion kg CO2e. * Scope 2 emissions were approximately 82.32 million kg CO2e. * Total Scope 1 and 2 emissions for 2020 were approximately 2.15 billion kg CO2e. **Climate Commitments and Reduction Initiatives:** Tourmaline Oil has set specific intensity reduction targets: * Aims to reduce methane emission intensity by 55% by 2027, using 2020 as a baseline. * Targets a 25% reduction in corporate emission intensity (Scope 1) from 2018 levels by 2027. It is important to note that Scope 3 emissions data was not disclosed for the years reported. Tourmaline Oil's emissions data is not cascaded from a parent organisation.
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Tourmaline Oil’s Climate Goals (2030 & 2050)
1 goal2027
25% reduction in Scope 1
Achieve a 25% reduction in corporate emission intensity (scope 1) from 2018 levels by 2027.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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