W&T Offshore, Inc., commonly referred to as W&T Offshore, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 1983, the company has established a strong presence in the Gulf of Mexico, focusing on the exploration and production of hydrocarbons. W&T Offshore is renowned for its commitment to operational excellence and innovative techniques in resource extraction. The company’s core services include offshore drilling and production, with a portfolio that highlights its expertise in both mature and emerging fields. With a reputation for reliability and efficiency, W&T Offshore has achieved significant milestones, positioning itself as a leader in the sector. Its strategic approach to asset management and development has garnered recognition, making it a key player in the competitive landscape of offshore energy production.
How does W And T Offshore'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 Natural Gas Liquids 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.
W And T Offshore's score of 16 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, W And T Offshore reported Scope 1 emissions of approximately 350,933,000 kg CO2e. This figure reflects a slight increase from 2021, where emissions were about 340,977,000 kg CO2e. The company has not disclosed Scope 2 or Scope 3 emissions data for the recent years. W And T Offshore has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025. This target is part of their near-term strategy, which also includes a commitment to reduce Scope 2 emissions to near zero within the same timeframe. These initiatives demonstrate the company's proactive approach to addressing its carbon footprint and aligning with industry standards for climate action. The emissions data is sourced directly from W And T Offshore, with no cascading from a parent or related organization. The company continues to focus on sustainability and reducing its environmental impact as part of its operational strategy.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 280,751,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 29,289,000 | - | - | - | - |
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.
W And T Offshore 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.