Articles tagged Flaring

Natural gas venting and flaring rates by U.S. operators fell to an 18-year low in 2023, based on preliminary state level data gathered by the U.S. Energy Information Administration (EIA).

The U.S. Department of the Interior’s Bureau of Land Management (BLM) has finalized a rule designed to curb methane pollution from oil and natural gas production on federal and Tribal lands, in part by collecting royalty payments on flared gas.

“The entire energy industry — including the electricity and oil industry — is capital intensive,” Carlos de Regules Ruíz-Funes, expert in the Mexican energy industry and former Executive Director of the National Agency for Safety, Energy and Environment of Mexico (ASEA), told NGI Mexico’s GPI. 

Natural gas production in North Dakota swelled by 9.7% in June versus May to 3.06 Bcf/d, while oil production rose 3.5% to 1.1 million b/d, according to the latest figures from the North Dakota Industrial Commission (NDIC).

Executives at Mexico’s national oil company Petróleos Mexicanos (Pemex) said in an earnings call Monday that work toward improving natural gas use and lowering emissions is starting to pay off.

Bakken Shale oil producers will likely limit annual production growth to 1-2% over the next 10 years, driven largely by concerns about natural gas capture, according to North Dakota’s top oil and gas regulator.

Oil and natural gas production in North Dakota, home to the Bakken Shale, slipped in October versus September.

ExxonMobil is targeting net zero Scope 1 and 2 greenhouse gas emissions from its operated Permian Basin assets by 2030, the company said Monday.

Mexico’s national oil company Petróleos Mexicanos (Pemex) is working to limit flaring and increase natural gas production, executives said last week during an earnings call.

Data centers used to mine cryptocurrency such as Bitcoin are proving an attractive option to mitigate natural gas flaring in North Dakota, the state’s top oil and gas regulator said Wednesday.