Flaring reductions, rising GORs support 2021 rebound in US gas production spglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spglobal.com Daily Mail and Mail on Sunday newspapers.
US producers capture record volume of associated gas production in 2020
US operators captured a record percentage of associated gas in oil-rich US plays in 2020 as new infrastructure combined with lowered output, while natural gas achieved the strongest gas-to-oil price ratios recorded in years.
In 2020, US producers were able to reduce their flaring emissions substantially, according to observed satellite Visible Infrared Imaging Radiometer Suite data by the National Oceanic and Atmospheric Administration. The amount of radiant heat observed due to flaring in the US in 2020 equated to 110,759 watts. This was a dramatic decline from the 215,042 watts recorded in 2019.
Significant strides were made this year by Texas and New Mexico operators with regards to flaring, as depressed new well activity helped operators limit strong initial flare rates from recently brought online horizontal wells. This occurred despite the fact that permits in Texas allow operators to flare all their gro