Whiting Petroleum Corporation, often referred to simply as Whiting, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 1980, the company has established itself as a key operator in the Bakken and Niobrara formations, primarily focusing on the exploration and production of crude oil and natural gas. Whiting's core offerings include the extraction of hydrocarbons, with a strong emphasis on sustainable practices and technological innovation. The company is recognised for its efficient operations and commitment to maximising resource recovery, positioning itself as a leader in the competitive energy market. With a robust portfolio and a history of strategic acquisitions, Whiting Petroleum continues to make significant strides in enhancing its market presence and operational excellence.
How does Whiting Petroleum Corporation'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 Crude Oil Extraction 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.
Whiting Petroleum Corporation's score of 8 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Whiting Petroleum Corporation reported total carbon emissions of approximately 1,259,176,000 kg CO2e. This marked a significant reduction from 2019, when emissions were about 3,146,665,000 kg CO2e, and from 2018, which saw emissions of approximately 2,674,144,000 kg CO2e. The company has not disclosed specific Scope 1, 2, or 3 emissions data, but it has set ambitious reduction targets for both Scope 1 and Scope 2 emissions. Whiting aims to achieve a 50% reduction in these emissions by 2030, using 2020 as the baseline year. The emissions data for Whiting Petroleum Corporation is cascaded from Chord Energy Corporation, reflecting the company's performance as a merged entity. The reported greenhouse gas intensity for 2020 was about 22,740 kg CO2e per barrel of oil equivalent (MBOE), with a methane intensity of approximately 230 kg CH4 per MBOE. These figures highlight the company's ongoing efforts to monitor and manage its environmental impact. Whiting's commitment to reducing its carbon footprint aligns with industry standards and reflects a growing trend among energy companies to address climate change proactively. The company's sustainability initiatives are documented in its 2020 Sustainability Report, which outlines its strategies for achieving these reduction targets.
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.
Whiting Petroleum Corporation 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.