42.5 F
Fort Worth
Thursday, December 3, 2020
Energy Railroad Commission hears recommendations on flaring issue

Railroad Commission hears recommendations on flaring issue

Other News

Atmos: Fiscal 3Q Earnings Snapshot

Atmos: Fiscal 3Q Earnings SnapshotDALLAS (AP) _ Atmos Energy Corp. (ATO) on Wednesday reported fiscal third-quarter net income of $117.8 million.On a per-share basis,...

Texas oil producers were cutting output before Railroad Commission chose not to, Commissioner Christi Craddick says

By Cassandra PollockMay 12, 2020 Texas Railroad Commissioner Christi Craddick on Tuesday doubled down on the agency’s recent decision to not cut oil production and...

Texas eases underground oil storage rules, raising concerns

CATHY BUSSEWITZ AP Business WriterNEW YORK (AP) — Texas regulators are relaxing rules about where companies can store oil underground, raising concern among environmentalists...

Railroad Commission discusses cutting oil output as divided industry weighs in

In a seemingly endless session, the Railroad Commission of Texas on Tuesday, April 14 debated cutting oil output in response to falling crude oil...

On Tuesday, June 16, the Railroad Commission of Texas heard from the state’s oil and gas trade associations, environmental advocacy groups, and several oil and gas producers about the issue of flaring. The organizations offered ideas on how Texas can implement reforms to reduce flaring before oil and gas activity returns to previous highs.

“I am very concerned by the rate of flaring in Texas,” said Chairman Christian. “We cannot continue to waste this much natural gas and allow the practice of flaring to tarnish the reputation of our state’s thriving energy sector to the general public and investors on Wall Street.”

Commissioners heard testimony from Trammell Crow (EarthX), Cyrus Reed (Sierra Club), Colin Leyden (Environmental Defense Fund), Kirk Edwards (Latigo Petroleum), Stephanie Reed (Parsley Energy), Mike Starrett (Occidental Petroleum), Ben Sheppard (Permian Basin Petroleum Association), Jason Modglin (Texas Alliance of Energy Producers), Ed Longanecker (Texas Independent Producers and Royalty Owners Assoc.), and Todd Staples (Texas Oil and Gas Assoc.). You can view today’s testimony here (Timecode:1:05:40).

During the meeting, trade associations involved in the Blue Ribbon Taskforce for Oil Economic Recovery unveiled their report titled ‘Flaring Recommendations & Best Practices’. You can read the full report here. Recommendations include reducing the time an administrative approval can be provided for flaring by 50% and providing much greater clarity on data submissions to improve the information we have on flaring in the state.

After hearing the invited testimony, Chairman Christian instructed commission staff to consider the information provided by all parties to come up with a plan of action for addressing flaring this fall.

“The Texas oil and gas industry is resilient and has led our nation to American energy dominance,” said Christian. “I have faith we can meet this challenge and ensure the lone star state sets an example for the rest of the world.”

close

Oh hi there 👋 It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

close

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Legendary Fort Worth oil man, TCU supporter Dick Lowe dies

Legendary Fort Worth oil man and TCU supporter Richard L. "Dick" Lowe passed away Sunday, Nov. 29. He was 92. Lowe made and lost fortunes...

Members of oil cartel to meet as coronavirus rattles demand

By CATHY BUSSEWITZ AP Business WriterNEW YORK (AP) — Leaders of the OPEC cartel are meeting virtually to decide, once again, how much oil...

New Mexico to require details of water for oil well drilling

ALBUQUERQUE, N.M. (AP) — New Mexico oil and gas operators will be required to report the amount and quality of water used to drill...

Venezuela judge convicts 6 American oil execs, orders prison

By SCOTT SMITH ASSOCIATED PRESSCARACAS, Venezuela (AP) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges...

Fort Worth firm acquired by Abilene-based Petrosmith

Abilene-based Petrosmith, a leading provider of production equipment and oilfield tubular goods, has acquired the assets of Wellflex Energy Solutions LLC, an engineering, procurement...