- Climate change and the global energy transition present risks and opportunities
- Regulatory changes related to GHG emissions and climate change
- Market transition and reputational risks due to global demand change toward non-fossil fuel energy sources
- Physical risks from severe weather events
- Water scarcity
- Achieving desired water chemistry for operational efficiency when using recycled produced water
Murphy Oil Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Murphy Oil Corporation disclosed greenhouse gas emissions of 1.1M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 1.1M tCO2e/year; Scope 2: 28.2K tCO2e/year; Scope 3: 24.3M tCO2e/year (Category 11 only). 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.
GHG Emissions
1.1M tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
0.4% of total energy use
of total energy
Water Usage
2.4M m3/year (total consumed)
2023
Waste
68.9K tons/year (total)
2023
Energy Use
13.9M GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.1M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 28.2K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 24.3M tCO2e/year (Category 11 only) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.1M tCO2e/year (Scope 1 & 2) |
| 2022 | 1.1M tCO2e/year (Scope 1 & 2) |
| 2021 | 967.3K tCO2e/year |
| 2020 | 1.2M tCO2e/year |
| 2019 | 2.1M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 11% decrease in absolute Scope 1 and 2 emissions from 2019 to 2023
- 37% reduction in total Company Scope 1 and 2 GHG emissions intensity from 2019 to 2023
- 32% reduction in absolute methane emissions from 2019 to 2023
- 51% decrease in total Company Scope 1 methane intensity from 2019 to 2023
- 66% decrease in flaring intensity from 2019 to 2023
- Highest-ever recycled water volume in company history in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Meet annual Scope 1 and 2 GHG emissions intensity goal in AIP
📅 Medium-term
- Zero routine flaring by 2030
- Reduce Scope 1 and 2 GHG emissions intensity by 15% to 20% by 2030 compared to 2019
🌱 ESG Focus Areas
Climate change, GHG emissions and energy transitionWater managementBiodiversityOccupational health and safetyHuman capital management, including diversity, equity and inclusion (DE&I)Community and stakeholder engagementBoard diversity, refreshment and expertiseCybersecurityRisk management