Parker Wellbore
Parker Wellbore, a leading provider in the oil and gas industry, is headquartered in the United States and operates extensively across key regions including North America and the Middle East. Founded in 2018, the company has quickly established itself as a significant player in wellbore construction and management, offering a comprehensive suite of services that includes drilling, completions, and intervention solutions. What sets Parker Wellbore apart is its commitment to innovation and safety, utilising advanced technologies to enhance operational efficiency and reduce environmental impact. The company has achieved notable milestones, positioning itself as a trusted partner for major energy companies. With a focus on delivering high-quality, reliable services, Parker Wellbore continues to strengthen its market position and contribute to the evolving landscape of the energy sector.
DitchCarbon Score
How does Parker Wellbore'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 Gas/Diesel 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.
Industry Benchmark
Parker Wellbore's score of 7 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parker Wellbore's reported carbon emissions
In 2022, Parker Wellbore reported total carbon emissions of approximately 34,723,630 kg CO2e, comprising 28,925,150 kg CO2e from Scope 1 emissions and 5,798,480 kg CO2e from Scope 2 emissions. This represents a notable increase from 2021, when total emissions were about 30,259,940 kg CO2e, with Scope 1 emissions at 24,969,210 kg CO2e and Scope 2 emissions at 5,290,730 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. Their emissions data is cascaded from their parent company, Parker Wellbore Company, and is influenced by the performance metrics of Nabors Industries Ltd., which is a current subsidiary. Parker Wellbore's emissions per man-hour were reported at approximately 0.00592 kg CO2e in 2022, indicating a focus on operational efficiency. However, without specific reduction targets or initiatives, the company's long-term climate strategy remains unclear.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 26,337,530 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,033,650 | 0,000,000 | 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.
Parker Wellbore 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.
