- Uncertainty in the regulatory environment controlling sustainability practices
- Increased price of power in operating areas
- Challenges in receiving new power loads from electric utilities
- Complex terrain and higher electricity prices hindering electrification in Marcellus assets
- Depressed natural gas prices making electrification economically challenging
Coterra Energy Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Coterra Energy Inc. disclosed greenhouse gas emissions of 1.4M tCO2e/year (Scope 1). By scope: Scope 1: 1.4M tCO2e/year; Scope 2: 248.0K 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.
GHG Emissions
1.4M tCO2e/year (Scope 1)
2023
Water Usage
7.1M m3/year (freshwater withdrawn)
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). | 1.4M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 248.0K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 1.4M tCO2e/year (Scope 1) |
| 2022 | 1.5M tCO2e/year (Scope 1 & 2) |
| 2021 | 1.5M tCO2e/year (Scope 1) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 greenhouse gas emission intensity by 16.6% from 2022 to 4.56 MT CO2e/Gross Mboe Produced (52.5% reduction since 2019)
- Reduced methane intensity by 41% from 2022 to 0.023% (86.3% reduction since 2019)
- Reduced flaring intensity by 23.9% from 2022 to 0.083% (82% reduction since 2019)
- Increased oil production from tankless facilities to over 50% in 2023 (from ~36% in 2022)
- Increased Permian Basin midstream electrified compression horsepower to 30% in 2023 (from 8% in 2022)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 GHG emissions intensity to 4.06-4.38 MT CO2e/Gross Mboe Produced
- Reduce methane intensity to 0.015-0.017%
- Reduce flaring intensity to 0.073-0.080%
- Reduce methane emissions findings related to tanks and flares in Permian by 10-25%
🌱 ESG Focus Areas
Climate ChangeEnvironmental StewardshipHealth and SafetyHuman CapitalCommunity RelationsCorporate GovernanceHuman RightsBiodiversity