Northern Oil and Gas Inc

Common Name
Northern Oil and Gas
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
49
Ticker
NOG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Northern Oil and Gas Inc. is an independent energy company specializing in the acquisition, exploration, exploitation, and development of oil and natural gas properties. Its primary functional operati...

Northern Oil and Gas's GHG Emissions Data Preview

In 2023, Northern Oil and Gas 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).

Northern Oil and Gas has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Northern Oil and Gas's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Northern Oil and Gas amounted to 225.6 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).

Northern Oil and Gas's Scope 1 Emissions Over Time

20230481216tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Northern Oil and Gas's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Northern Oil and Gas were 13.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Northern Oil and Gas's Scope 2 emissions?

In 2023, Northern Oil and Gas reported Scope 2 greenhouse gas (GHG) emissions of 235.4 tCOâ‚‚e using the market-based method, and 211.8 tCOâ‚‚e using the location-based method.

What methodology does Northern Oil and Gas use for Scope 2 reporting?

In 2023, Northern Oil and Gas reported its Scope 2 emissions using the market-based method and using the location-based method.

Northern Oil and Gas's Scope 2 Emissions Over Time

2023060120180240tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Northern Oil and Gas's Value Chain Emissions

In 2023, Northern Oil and Gas reported 17,261,331 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Northern Oil and Gas includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain

Northern Oil and Gas's Scope 3 Emissions Over Time

202304.5 M9 M13.5 M18 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Northern Oil and Gas's Scope 3 emissions?

In 2023, Northern Oil and Gas reported total Scope 3 emissions of 17,261,331 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.97% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Northern Oil and Gas disclose?

In 2023, Northern Oil and Gas reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Northern Oil and Gas's Scope 3 emissions?

In 2023, the largest contributors to Northern Oil and Gas's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 13,650,613 tCOâ‚‚e (96.88%)
  • Investments (Cat. 15): 435,615 tCOâ‚‚e (3.09%)
  • Purchased Goods and Services (Cat. 1): 3,228 tCOâ‚‚e (0.02%)

Northern Oil and Gas's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(96.9%)Investments(Cat. 15)(3.1%)

Insights into Northern Oil and Gas's Total Carbon Footprint

In 2023, Northern Oil and Gas reported a total carbon footprint of 17,261,556.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.

The largest contributor to Northern Oil and Gas's total carbon footprint was Scope 3 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 2 emissions at 0%.

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