Public Profile

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.

7

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.

14

Industry Benchmark

Parker Wellbore's score of 7 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Parker Wellbore's reported carbon emissions

In 2023, Parker Wellbore reported total carbon emissions of approximately 67,888,350 kg CO2e, comprising 61,262,090 kg CO2e from Scope 1 emissions and 5,946,260 kg CO2e from Scope 2 emissions. The Scope 1 emissions included about 7,122,250 kg CO2e from mobile combustion and 54,139,830 kg CO2e from stationary combustion. Comparatively, in 2022, the company emitted approximately 34,860,820 kg CO2e, with Scope 1 emissions at 28,977,130 kg CO2e and Scope 2 emissions at 5,883,690 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Parker Wellbore has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint, nor have they committed to any climate pledges. The absence of Scope 3 emissions data suggests a limited scope in their current emissions reporting. Overall, while Parker Wellbore's emissions have increased significantly in the last year, their lack of defined reduction strategies raises questions about their long-term climate commitments.

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2020202120222023
Scope 1
26,327,570
00,000,000
00,000,000
00,000,000
Scope 2
6,141,730
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Parker Wellbore's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Parker Wellbore is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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