flaring

The Texas Railroad Commission’s chairman has said the commission will look into policies to “drastically reduce” natural gas flaring from the state’s shale patch as investors become increasingly sensitive to climate-change concerns.

Recommendations include changes to current forms and reports used to track flaring.

The combined effect of COVID-19 and an ongoing oil price war has ushered in one of the worst downturns for the energy industry in modern history. Yet, a bright side is shining through; flaring levels in the Permian Basin have fallen sharply and will continue to decline, a Rystad Energy report shows.

The new group, the Texas Methane and Flaring Coalition, will also use data and other evidence to communicate why and when flaring is necessary.

Flaring has roughly tripled in 2 years in the Permian. As flaring has skyrocketed, so have the calls to curb it. But there is little agreement on how that should be done.

Instead of burning money, why not make electricity? This is the big pitch being made by a growing number of technology companies who see green every time they see a red-hot flare burning associated gas.

One of Texas’ oil and gas regulators defended the state’s high rate of natural gas flaring but named companies that burn off the most gas and said he would hold public meetings on the controversial practice.

Texas Railroad Commissioner releases state's first flaring report.

IOGP today launched JIP33 flare package specification guidelines for public review and comment.

A Denver-based company has been installing data centers at shale drilling sites to take advantage of excess natural gas. Now, according to a new Bloomberg report, that company hopes to harness some of that gas to power data centers for Bitcoin mining.