Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which the fundamentals impacting the Mexican natural gas market are explored. In this latest podcast, NGI’s Mexico Gas Price Index Senior Editor Christopher Lenton speaks to renowned Mexico energy expert Gonzalo Monroy about the hottest topics impacting the natural gas…
Flaring
Articles from Flaring
New Mexico Natural Gas Waste Rules in Effect, with First Phase Set to Begin in October
New Mexico’s oil and natural gas operators would be required to capture 98% of their gas waste by the end of 2026 under rules that took effect Tuesday. The Energy, Minerals and Natural Resources Department’s Oil Conservation Division (OCD) officially enacted the rule following two years of stakeholder outreach and technical research. The final rules…
North Dakota Reports Higher Natural Gas Production, Lower Flaring in March
Natural gas production outpaced oil in North Dakota’s Bakken Shale during March, according to the state Dakota Department of Mineral Resources (DMR). Gas production was 89.2 Bcf (2.8 Bcf/d), compared to 75.7 Bcf (2.7 Bcf/d) in February. Oil production totaled 34.3. million bbl (1.1 million b/d) from 30.3 million bbl (1.08 million b/d). The state…
Pemex Natural Gas Flaring Up 50% in First Quarter as Production Remains Flat
Mexico’s Petróleos Mexicanos (Pemex) reported a steep rise in the flaring and venting of its natural gas in its first quarter earnings call. Natural gas production was 3.70 Bcf/d in the first quarter of 2021, down slightly compared to the 3.71 Bcf/d reported in 1Q2020. But natural gas flaring shot up to 712 MMcf/d, from…
BP Hitting Grand Slam in Reducing Permian Emissions by Switching to Electricity from Natural Gas
BP plc, which is aiming to eliminate natural gas flaring in the Lower 48 by 2025 on its transition to becoming a zero-emissions producer, said it has taken a big step toward that goal with a state-of-the-art facility in the Permian Basin. The electrified Grand Slam facility near Orla, TX, is a central oil, gas…
API Calls for Carbon Price in Sweeping Oil, Natural Gas Climate Plan
The American Petroleum Institute (API) on Thursday unveiled a five-point policy framework for tackling climate change while ensuring U.S. energy needs are met, including an economy-wide price on carbon emissions. The endorsement marked a seismic shift for the oil and gas group, which has lobbied against past attempts to impose carbon pricing in the United…
Permian Methane Intensity Said Falling as Oil, Natural Gas Industry Paves Road to Net Zero
As the oil and natural industry pivots toward producing cleaner energy and controlling emissions, an analysis by a Texas association of independent producers and royalty owners found that methane intensity in the Permian Basin has declined from 2011-2019 even as production surged to record levels. Conducted by Texans for Natural Gas, a project of the…
Texas Permian Natural Gas Flaring Forecast to Increase as Activity Returns
Natural gas flaring from the Texas portion of the Permian Basin is likely to increase in the coming years but the industry may be able to eliminate most of the routine emissions at little cost, according to a new analysis. The Rystad Energy analysis, commissioned by the Environmental Defense Fund, found that the flaring is…
Bakken Natural Gas Capture in North Dakota Said Improved from 2019, Stable Until 2025
North Dakota is this year better equipped to capture vented and flared natural gas from the Bakken Shale than in 2019, and processing capacity is said to now be adequate for the next five years. North Dakota Pipeline Authority director Justin Kringstad discussed the outlook during an interview with NGI’s Shale Daily. “The gas capture…
North Dakota Reaches 93% Natural Gas Capture Rate Amid Production Increases
North Dakota’s operators have achieved a 93% natural gas capture rate statewide in September, when month/month oil and gas production increased. In the state’s Bakken Shale, home of robust supplies of sweet light crude oil that is rich with associated gas, flaring has been excessive as production growth outpaced efforts to build sufficient midstream takeaway…