Permian gas flaring, venting reaches record high | Oil & Gas Journal

I hope this answers some of the questions about why I’m so bullish on LNG, everywhere we can create markets.

Venting is 25 time worse that combusting, and infinitely worse than any way we can productively use this gas.

To be continued…..

Flaring and venting of natural gas in the Permian basin in Texas and New Mexico has reached an all-time record high in this year’s first quarter, averaging 661 MMcfd, according to research conducted by Rystad Energy. This widespread waste of a valuable commodity is the result of persistent infrastructure challenges, a lack of enough takeaway capacity, and an unexpected outage on a key pipeline in the area.

Source: Permian gas flaring, venting reaches record high | Oil & Gas Journal

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