December 13th: global gas flaring news
Here are the main developments on gas flaring in the last week:
- Last week’s article “why the EU should enact methane regulation for imported oil and gas” had very strong readership, and makes a timely contribution as the EU considers the draft methane legislation this week.
- Capterio’s real-time tracking of gas flaring was highlighed in an extended article published on emissions from the new gas industry in Irael last week. See image below for a screenshort of FlareIntel Pro.
- Darcy Partners (a US-based innovation forum) published an article “Summary of the EPA Proposal and How ESG Certifications May Play a Role for O&G Companies” which also featured some of Capterio’s work on the same topic in Europe.
- In a significant development for ExxonMobil, the company has committed to zero routine flaring in the US Permian by the end of 2022.
- The UK’s Oil and Gas Authority (OGA) has forced several companies to shut down their operations due to breaches of their flaring consents. The latest shutdown, announced this week, relates to EnQuest’s Magnus field. FlareIntel Pro automatically detects potential flaring breaches and can automatically alert companies of potential shut-down risks.
- Flaring in North Dakota is reported to be materially lower due to increases in gas takeaway capacity, according to a report by the EIA, but another article highlights the potential risk of more flaring in the Permian as a result of increased drilling reaching capacity limits.
- Columbia is inviting responses to its proposals to reduce flaring, venting and leaking. Consultation period ends December 14th.