Texas Is Finally Taking Up The Fight Against Flaring

After oil majors promised to impose tighter regulations on gas flaring, following widespread criticism over the levels of gas being released into the atmosphere as a waste product from oil production, are they actually putting their money where their mouths are and taking action? Natural gas flaring has been increasing in recent years, with an estimated 150 billion cubic meters (bcm) flared worldwide in 2019. Gas flaring results from wells drilled for oil production, which produce a mix of other hydrocarbons including condensates, natural gas liquids,…

via OilPrice

Categories: Energy