Flaring/Venting

ESG Concerns Mounting for Mexico’s Pemex as Natural Gas Flaring, Fuel Oil Production Rising

ESG Concerns Mounting for Mexico’s Pemex as Natural Gas Flaring, Fuel Oil Production Rising

As oil and natural gas companies worldwide face tighter scrutiny on environmental, social and governance (ESG) metrics, two key indicators are trending the wrong way for Mexico’s state oil company Petróleos Mexicanos (Pemex). Natural gas flaring and production of high-sulfur fuel oil (HSFO) both have increased substantially for the national oil company in recent years,…

June 28, 2021
Bitcoin Mining Digging for E&P’s Natural Gas Gold in Lower 48

Bitcoin Mining Digging for E&P’s Natural Gas Gold in Lower 48

A symbiotic relationship is burgeoning in North America between oil and natural gas producers and miners of the cryptocurrency Bitcoin. Both groups are seeking to capitalize on immense volumes of excess and/or stranded natural gas flared off or shut in by a lack of infrastructure. Bitcoin mining offers a new outlet for this gas at…

June 25, 2021
New Mexico Calls for Innovation by E&Ps, Midstreamers to Curb Natural Gas Flaring, Venting

New Mexico Calls for Innovation by E&Ps, Midstreamers to Curb Natural Gas Flaring, Venting

New Mexico upstream and midstream operators have until 2026 to reduce routine natural gas flaring and venting by 98% under rules enacted Thursday. The Oil Conservation Commission (OCC) completed the two-year rulemaking process to update gas capture regulations. The undertaking followed months of testimony and virtual public hearings, with the oil and gas industry pledging…

March 26, 2021
Texas Regulators Vent About Natural Gas Flaring, Suggest Staff ‘Dig Deeper’ Before Approving Requests

Texas Regulators Vent About Natural Gas Flaring, Suggest Staff ‘Dig Deeper’ Before Approving Requests

As Texas regulators attempt to determine how much is too much, an industry coalition on Wednesday said it would snuff out natural gas flaring in the state by 2030. The announcement by the Texas Methane & Flaring Coalition, made up of seven trade associations and more than 40 top operators, came one day after the…

February 11, 2021
U.S. Upstream Partnership Unveils New Natural Gas Flaring Program Focused on Reduction, Best Practices

U.S. Upstream Partnership Unveils New Natural Gas Flaring Program Focused on Reduction, Best Practices

The U.S. oil and gas industry faced a unique set of challenges this year but it did not deter the Environmental Partnership from making strides to reduce natural gas flaring in upstream operations. The 80-plus members, which together represent more than 70% of total oil and gas production in the Lower 48, launched its latest…

December 29, 2020
Lower 48 Natural Gas Venting, Flaring Reached Record High in 2019, EIA Says

Lower 48 Natural Gas Venting, Flaring Reached Record High in 2019, EIA Says

Natural gas venting and flaring in the United States reached an all-time high of 1.48 Bcf/d in 2019, with North Dakota and Texas accounting for 85% of the total, the Energy Information Administration (EIA) said Tuesday. Vented/flared gas accounted for 1.3% of gross gas withdrawals nationwide, also a record, EIA researchers said. “As crude oil…

December 8, 2020
Pioneer Natural Eyeing 10-Year Goal to Sharply Cut Methane, GHG Emissions in Permian

Pioneer Natural Eyeing 10-Year Goal to Sharply Cut Methane, GHG Emissions in Permian

Permian Basin giant Pioneer Natural Resources Co. has formally adopted targets by 2030 to sharply cut emissions across its Lower 48 operations, and it plans to tie executive incentive compensation to the goals. The strategy, to cut greenhouse gas (GHG) emissions by 25%, with methane emission intensities by 40%, was laid out in the Dallas-based…

December 3, 2020
Colorado Poised to Ban Routine Natural Gas Flaring, Venting

Colorado Poised to Ban Routine Natural Gas Flaring, Venting

Colorado regulators have given preliminary approval to a rule change that would make it the first Lower 48 state to prohibit routine venting and flaring of natural gas by upstream operators.* The Colorado Oil and Gas Conservation Commission (COGCC) last week voted 5-0 in favor of the Rule 903 changes, which are to go before…

November 10, 2020
Texas E&Ps Must Justify Reasons to Flare/Vent Natural Gas, Says RRC

Texas E&Ps Must Justify Reasons to Flare/Vent Natural Gas, Says RRC

Producers working Texas oilfields will be required to show why they need permission to flare or vent natural gas under updated rules approved by state regulators Wednesday. However, the three-member Railroad Commission of Texas (RRC) stopped short of imposing more stringent requirements to limit emissions.  For months the RRC has weighed how to balance exploration…

November 5, 2020
Texas RRC Eyeing E&P Incentives, Reduced Time to Flare/Vent Natural Gas

Texas RRC Eyeing E&P Incentives, Reduced Time to Flare/Vent Natural Gas

Texas oil and gas regulators are looking for ways to reduce natural gas flaring, a particular problem  in the Permian Basin, by providing incentives and requiring operators to justify why they need exemptions. Draft rules were approved Tuesday by the three-member Railroad Commission (RRC), and will now undergo a 30-day comment period. Chairman Wayne Christian…

August 5, 2020
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