Flaring

Listen Now: Latest NGI’s Hub & Flow Podcast Covers Top Trends in Mexico Energy Market

Listen Now: Latest NGI’s Hub & Flow Podcast Covers Top Trends in Mexico Energy Market

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…

July 16, 2021
New Mexico Natural Gas Waste Rules in Effect, with First Phase Set to Begin in October

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…

May 26, 2021
North Dakota Reports Higher Natural Gas Production, Lower Flaring in March

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…

May 17, 2021
Pemex Natural Gas Flaring Up 50% in First Quarter as Production Remains Flat

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…

May 3, 2021
BP Hitting Grand Slam in Reducing Permian Emissions by Switching to Electricity from Natural Gas

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…

April 21, 2021
API Calls for Carbon Price in Sweeping Oil, Natural Gas Climate Plan

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…

March 25, 2021
Permian Methane Intensity Said Falling as Oil, Natural Gas Industry Paves Road to Net Zero

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…

March 22, 2021
Texas Permian Natural Gas Flaring Forecast to Increase as Activity Returns

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…

February 1, 2021
Bakken Natural Gas Capture in North Dakota Said Improved from 2019, Stable Until 2025

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…

December 14, 2020
North Dakota Reaches 93% Natural Gas Capture Rate Amid Production Increases

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…

November 18, 2020