North Dakota Offers Incentive to Curb Gas Flaring

摘要

North Dakota's state legislature has approved a bill that would exempt oil producers from the state's 6.5% production tax if they invest in infrastructure that reduces natural gas flaring. As production has ramped up in the state's Bakken tight oil play in recent years, a lack of infrastructure to transport natural gas has forced producers to flare most of the associated gas produced along with the oil.