Texas RRC Eyeing E&P Incentives, Reduced Time to Flare/Vent Natural Gas

摘要

Texas oil and gas regulators are looking for ways to reduce natural gas faring, a par- ticular problem in the Permian Basin, by providing incentives and requiring opera- tors to justify why they need exemptions. Draft rules were approved Tuesday by the three-member Railroad Commis- sion (RRC), and will now undergo a 30-day comment period. Chairman Wayne Christian said the RRC “took an important frst step in ensuring we have the data necessary to get an accurate view of the scope of faring in Texas. Since the downturn, the rate of faring has gone down with more than 99.5% of the gas produced in the month of May sold and benefcially used to generate electricity, cook dinner or make hundreds of consumer products.