W And T Offshore
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
W And T Offshore's score of 3 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
W And T Offshore's reported carbon emissions
In 2022, W And T Offshore reported carbon emissions of approximately 350,933,000 kg CO2e, exclusively from Scope 1 sources. This marked a decrease from 2021, where emissions were about 340,977,000 kg CO2e, which included both Scope 1 and Scope 2 emissions, with Scope 2 contributing approximately 1,030,000 kg CO2e. In 2020, the company emitted around 393,041,000 kg CO2e from Scope 1 and about 232,000 kg CO2e from Scope 2. The trend shows a reduction in emissions over the years, with 2019 emissions recorded at approximately 437,676,000 kg CO2e for Scope 1 and 191,000 kg CO2e for Scope 2. Despite these reductions, W And T Offshore has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The company continues to operate within the oil and gas sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of robust climate commitments in the industry.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 437,676,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 191,000 | 000,000 | 0,000,000 | - |
| 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.
W And T Offshore is not committed to any reduction initiatives 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.
