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US: The share of gas flared in the Permian has fallen to its lowest level of the Shale era
18 Jan 2021
The share of gross gas output that is flared at the wellhead in the US’ prolific Permian Basin has plummeted to a modern Shale-era record low, a
Rystad Energy report shows, with an analysis of preliminary data suggesting only 1.6% of the basin’s gas production was flared in the fourth quarter of 2020. The absolute amount of the flared gas likely averaged at around 390 million cubic feet per day (MMcfd) in the last three months of the year.
The basin’s wellhead flaring intensity declined to 1.6%, down from 1.7% in the third quarter of 2020. New Mexico’s Delaware North is the only major sub-basin which saw a sequential increase in flaring in the fourth quarter, but it is also the region with the lowest flaring intensity among the play’s major sub-basins. It is also currently the one with the most significant activity levels.
Share of gas flared in the Permian has fallen to its lowest level of the Shale era January 16, 2021
OSLO The share of gross gas output that is flared at the wellhead in the US’s prolific Permian Basin has plummeted to a modern Shale-era record low, a Rystad Energy report shows, with an analysis of preliminary data suggesting only 1.6% of the basin’s gas production was flared in the fourth quarter of 2020.
The absolute amount of the flared gas likely averaged at around 390 million cubic feet per day (MMcfd) in the last three months of the year.
The basin’s wellhead flaring intensity declined to 1.6%, down from 1.7% in the third quarter of 2020. New Mexico’s Delaware North is the only major sub-basin, which saw a sequential increase in flaring in the fourth quarter, but it is also the region with the lowest flaring intensity among the play’s major sub-basins. It is also currently the one with the most significant activity