The State Oil and Gas division will require five companies to choke production or face delay penalties. The sanctions are the result of the state’s goal to reduce flaring to no more than 23% of produced gas.
Read & Share sourced from: Bismarck Tribune
XTO Energy is seeking an exception to the new flaring standards for some 140 of their currently operating wells. Lauren Donovan of the Bismarck Tribune has the story.
Read & Share sourced from: Bismarck Tribune
Flaring isn’t ideal — it’s literally burning up a valuable natural resource, and we need to continue to push the oil and gas industry towards reducing and finally eliminating the practice. That process will take a some time, but here’s a not-so-subtle reminder of why it’s important.
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While production is still going up, the rig count is decreasing, but the ongoing story is the price of crude and speculation on when we reach the bottom. Lynn Helms discusses these and other issues facing the industry in this short clip from KMOT News.
Read & Share sourced from: KMOT News
This is an older story, but it deserves to be in place to help contextualize the next article from the Williston Herald. Take a quick peek, the pictures will give you the most sense of the issue.
Read & Share sourced from: NPR
It’s one of the big questions in the oil field, and you only have to look at a satellite image of Western North Dakota to get the idea that we must be burning a lot of gas, and money.
Read & Share sourced from: Williston Herald