flaring

As The Environmental Partnership celebrates its second anniversary, the coalition of oil and natural gas companies has grown 150% to 70 members while continuing efforts to reduce emissions from natural gas production.

According to a new report from the EIA, the volume of natural gas reported as flared reached its highest average annual level in 2018, 1.28 Bcf/D. With production soaring in the Bakken, Permian, and Eagle Ford plays, North Dakota and Texas accounted for more than 80% of that total.

Saudi Aramco has announced that it is joining the World Bank initiative Zero Routine Flaring by 2030. Flaring by the company has remained at less than 1% of its total raw gas production in the first half of 2019. 

The volume of flared gas in the US unconventional sector is now 12% of the country’s total gas production. A pair of new reports say that Permian Basin operators account for much of the growth.

The complete paper describes a Monte Carlo simulation approach and field analysis showing that a small-scale GTL plant in North Dakota could be a profitable solution to mitigating the state’s current flaring rate of 35% of the natural gas produced.

The value of natural gas flared by 80 different nations around the world has increased by 11% to hit a global peak this year of $16.4 billion, according to a new data analysis.

Texas regulators rejected a rare challenge to gas flaring in the state after an oil company argued that a flaring ban would force it to shut in wells, damaging the reservoir and reducing future oil production.

Oilfield flares are a bright indicator of rapidly rising oil production that exceeds pipeline capacity. And it raises the question: Why are oil companies in such a hurry?

North Dakota oil drillers are falling far short of the state’s goals to limit the burning of excess natural gas at wellheads, 5 years after the state adopted the rules to reduce the wasteful and environmentally harmful practice.

America’s hottest oil patch is producing so much natural gas that, by the end of last year, producers were burning off more than enough of the fuel to meet residential demand across the whole of Texas.