GeoPark Ltd

Common Name
GeoPark
Country
Colombia
Sector
Energy
Industry
Oil & Gas E&P
Employees
476
Ticker
GPRK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
GeoPark Ltd. is an independent oil and gas exploration and production company. The primary function of GeoPark Ltd. revolves around discovering, developing, and producing petroleum and natural gas res...

GeoPark's GHG Emissions Data Preview

In 2023, GeoPark completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, GeoPark has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind GeoPark’s Greenhouse Gas (GHG) Emissions Data

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a. GeoPark's Sustainability Report 2023
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Insights into GeoPark's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of GeoPark amounted to 228,969 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of GeoPark decreased by 21.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

GeoPark's Scope 1 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e+19%-36%-32%
  • Total Scope 1
  • Year-over-Year Change

What are GeoPark's Scope 1 emissions?

In 2023, the total Scope 1 emissions of GeoPark were 182,345 metric tons of CO₂ equivalent (tCO₂e). a

Has GeoPark reduced its Scope 1 emissions over time?

Since 2020, GeoPark's Scope 1 emissions have decreased by 48.66%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), GeoPark's Scope 1 emissions decreased by 32.43%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are GeoPark's Scope 2 emissions?

In 2023, GeoPark reported Scope 2 greenhouse gas (GHG) emissions of 46,624 tCO₂e without specifying the calculation method. a

Has GeoPark reduced its Scope 2 emissions over time?

Since 2020, GeoPark's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 37,199.2%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), GeoPark's Scope 2 emissions (Unspecified Calculation Method) rose by 108.13% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does GeoPark use for Scope 2 reporting?

In 2023, GeoPark reported its Scope 2 emissions using an unspecified methodology. a

GeoPark's Scope 2 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into GeoPark's Value Chain Emissions

In 2023, GeoPark reported 4,873,736 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of GeoPark includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

GeoPark's Scope 3 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e-20%+6%-15%
  • Total Scope 3
  • Year-over-Year Change

What are GeoPark's Scope 3 emissions?

In 2023, GeoPark reported total Scope 3 emissions of 4,873,736 metric tons of CO₂ equivalent (tCO₂e). a

Has GeoPark reduced its Scope 3 emissions over time?

Since 2020, GeoPark's Scope 3 emissions have decreased by 28.13%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), GeoPark's Scope 3 emissions decreased by 15.43%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into GeoPark’s GHG Emissions Intensity Compared to Industry Peers

In 2023, GeoPark reported Scope 1 greenhouse gas (GHG) emissions of 182,345 tCO₂e and total revenues of USD 757 millions. This translates into an emissions intensity of 241 tCO₂e per millions USD. a

GeoPark's Scope 1 Emissions Intensity Compared to Peers

501,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)InpexYear: 2023Scope 1: 6,622,000 tCO2eRevenue: $M 15,305Scope 1 Intensity: 432.68 tCO2e/$MOvintivYear: 2023Scope 1: 3,307,430 tCO2eRevenue: $M 10,883Scope 1 Intensity: 303.91 tCO2e/$MPermian ResourcesYear: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MMurphy OilYear: 2023Scope 1: 1,083,362 tCO2eRevenue: $M 3,449Scope 1 Intensity: 314.12 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MMedco Energi InternasionalYear: 2022Scope 1: 5,710,288 tCO2eRevenue: $M 2,312Scope 1 Intensity: 2,469.60 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MCoterra EnergyYear: 2023Scope 1: 1,358,410 tCO2eRevenue: $M 5,914Scope 1 Intensity: 229.69 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MPTTEPYear: 2023Scope 1: 6,744,227 tCO2eRevenue: $M 8,733Scope 1 Intensity: 772.23 tCO2e/$MRange ResourcesYear: 2023Scope 1: 202,525 tCO2eRevenue: $M 2,553Scope 1 Intensity: 79.32 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MWoodside Energy GroupYear: 2023Scope 1: 6,172,000 tCO2eRevenue: $M 21,579Scope 1 Intensity: 286.02 tCO2e/$MMatador ResourcesYear: 2023Scope 1: 1,051,432 tCO2eRevenue: $M 2,818Scope 1 Intensity: 373.16 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MGeoParkYear: 2023Scope 1: 182,345 tCO2eRevenue: $M 757Scope 1 Intensity: 241.00 tCO2e/$M

How does GeoPark's GHG emissions intensity compare to its peers?

In 2023, GeoPark reported a Scope 1 emissions intensity of 241 tCO₂e per millions USD. Compared to the peer group median of 343.64, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does GeoPark rank on GHG emissions intensity within its industry?

In 2023, GeoPark ranked 5 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places GeoPark among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into GeoPark's Total Carbon Footprint

In 2023, GeoPark reported a total carbon footprint of 5,102,705 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.73% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to GeoPark's total carbon footprint was Scope 3 emissions, accounting for 95.51% of the company's total carbon footprint, followed by Scope 1 emissions at 3.57%. a

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