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.
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.
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.
W And T Offshore's score of 10 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, W And T Offshore reported significant emissions data, with a production emissions intensity of approximately 13,320 kg CO2e per barrel produced. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025. This commitment reflects a proactive approach to mitigating climate impact, aligning with industry standards for sustainability. In 2023, the GHG emissions intensity for Scope 1 and 2 was reported at 0.045 kg CO2e per unit of revenue (USD), while the Scope 3 GHG emissions intensity was approximately 0.547 kg CO2e per unit of revenue. The company has shown a consistent focus on reducing its carbon footprint, with previous years indicating a Scope 1 emission of about 350,933,000 kg CO2e in 2022 and 340,977,000 kg CO2e in 2021. W And T Offshore's commitment to reducing both Scope 1 and Scope 2 emissions to near zero by the middle of this decade demonstrates a clear strategy towards achieving net-zero emissions. This initiative is part of a broader industry trend towards sustainability and responsible environmental stewardship.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 280,751,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 29,289,000 | - | - | - | - |
Scope 3 | - | - | - | - | - |
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 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.