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.
How does Tourmaline Oil'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.
Mean score of companies in the Heavy Fuel 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.
Tourmaline Oil's score of 17 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Tourmaline Oil, headquartered in California, reported significant carbon emissions totalling approximately 3,023,843,000 kg CO2e. This figure includes about 2,933,544,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 79,230,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Tourmaline Oil has set ambitious climate commitments aimed at reducing its carbon footprint. The company aims to achieve a 25% reduction in corporate emission intensity (Scope 1) from 2018 levels by 2027. Additionally, it plans to reduce its methane emission intensity by 55% by 2027, using 2020 as a baseline. These targets reflect the company's commitment to enhancing sustainability and addressing climate change impacts within the oil and gas sector. Overall, Tourmaline Oil's proactive approach to emissions reduction and its specific targets demonstrate a clear commitment to mitigating its environmental impact while continuing to operate in a challenging industry.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 721,263,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 54,690,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Tourmaline Oil 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.