Shelf Drilling

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019

In its 2023 reporting, Shelf Drilling disclosed greenhouse gas emissions of 296.4K tCO2e/year. By scope: Scope 1: 296.4K tCO2e/year; Scope 2: 661 tCO2e/year; Scope 3: 331.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
296.4K tCO2e/year
2023
⚙️
Energy Use
1.1M MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).296.4K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.661 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).331.7K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023296.4K tCO2e/year
2022252.9K tCO2e
2021239.0K tCO2e
2020259.1K tCO2e/year (Scope 1)
2019184.6K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce daily per rig Scope 1 emissions by 20% over 5 years

📅 Medium-term

  • Achieve 50% coverage of real-time monitoring systems on standard rigs by end of 2024
  • Transition all rigs to be completely ODS-free by 2025

🌱 ESG Focus Areas

Climate & EnvironmentHealth & SafetyPeople & SocietyResponsible Business Conduct

⚠️ Challenges & Risks +

  • Increase in Scope 1 emissions due to increased drilling operations
  • Extreme weather events disrupting operations and increasing costs
  • Potential for carbon tax and other GHG emissions-related regulations
  • Challenges in reducing fuel consumption due to operational requirements

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, GRI, TCFD