Regulators crack down on Texas shale gas flaring By Kevin Crowley and Rachel Adams-Heard on 2/10/2021
HOUSTON (Bloomberg) Texasâs energy regulator is taking an uncharacteristically critical approach toward burning off excess natural gas, a sign that growing pressure from environmentalists and investors to curb the controversial practice is paying off.
The Texas Railroad Commission on Tuesday deferred a series of applications belonging to oil companies including Ovintiv Inc. One such request by SN Operating LLC sought to flare more than $1 million worth of gas because it would be too expensive to build a pipeline to haul the fuel to markets, a claim the agencyâs newest member said warranted âfurther investigation.â
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