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.
-9 vs industry average
Parker Wellbore’s score of 10 is lower than 17% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Parker Wellbore's reported carbon emissions
In 2022, Parker Wellbore reported total carbon emissions of approximately 34.7 million kg CO2e, comprising 28.9 million kg CO2e from Scope 1 emissions and 5.8 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Parker Wellbore's emissions have shown fluctuations over recent years, with a total of approximately 30.3 million kg CO2e in 2021 and about 32.4 million kg CO2e in 2020. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). As a current subsidiary of Parker Wellbore Company, emissions data may be influenced by corporate relationships, particularly with Nabors Industries Ltd., which provides some performance data. However, specific reduction initiatives or climate pledges have not been established. Parker Wellbore continues to assess its carbon footprint and is expected to enhance its climate commitments in alignment with industry standards.
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Parker Wellbore’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Parker Wellbore yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from Nabors Industries Ltd.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Parker Wellbore
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