RS Energy Group forecasts flaring in Permian Basin as measured by satellites will decline in July to about 260,000 MMcfd (first time under 300 MMcfd since February 2018). Flaring increased from May to June by about 30 percent (by 110 MMcfd). “However, volumes appear to drop this month,” RSEG said Monday. “The increase from May […]
Railroad Commission hears recommendations on reducing flaring
Commissioners of the Railroad Commission of Texas heard recommendations on flaring from three groups at a hearing in Austin June 16 and asked the RRC staff “to consider the recommendations and come back to the commission this fall with a plan of action.” Commissioners heard from industry trade associations, environmental advocacy groups, and oil and […]