Natural gas flaring, venting hit all-time high in Permian Basin: study

摘要

Natural gas flaring in the Permian Basin hit a record high this month,even surpassing volumes flared in the Bakken, and is expected toremain above 650 MMcf/d until Gulf Coast Express Pipeline comesonline later this year.Infrastructure issues coupled with a lack of sufficient takeawaycapacity in the basin, located in West Texas and southeastern NewMexico, caused flaring and venting to average as much as 661 MMcf/dover the first quarter of the year, according to a study released thisweek by Rystad Energy. “We anticipate that basin-wide flaring will stayabove 650 MMcf/d before the Gulf Coast Express pipeline comes onlinein the second half of 2019,” said Artem Abramov, head of shaleresearch at Rystad.