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BP to cut oil and gas flaring in the Permian Basin to zero by 2025

A global oil and gas giant sought to eliminate most flaring in the next five years, led by a facility in the Permian Basin.
BP announced it was moving toward zero routine flaring, or the burning off of excess natural gas, by 2025 this week, and that it was building an electrified oil, gas and water handling facility in Orla, Texas near the state’s border with New Mexico.
Flaring can be used as a cost-saving measure by operators without the capacity to send all their produced gas to market, or as a safety precaution to ensure safe pressures at oil and gas facilities. ....

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Big Oil Burning: How Flaring in the Permian Basin Affects the Climate Challenge

Close
(Photo : ambquinn on Pixabay)
Shutdown Operations
The shutdown threw upstream and downstream activities in West Texas and New Mexico s Permian Basin in jeopardy for many oil producers. Multiple refinery activities flared up downstream during shutdowns, leaking toxins into the atmosphere. When oil exploration resumed, there was a possibility that supply would have to be flared or halted in the field before the wider energy industry, including refining and utility generation, recovered. According to the Environmental Defense Fund, satellite imagery revealed intensified flaring at oil and gas extraction sites in the Permian Basin.
(Photo : Jan-Rune Smenes)
However, Occidental took the call to close down several activities. ....

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The Future of Big Oil Flaring in the Permian Basin and the Climate Challenge

But at Occidental, a choice was made to shut down some operations.
There were a couple of plants that had difficulty coming back online, Occidental s CEO Vicki Hollub said during a recent CNBC Evolve event focused on energy innovation. We could have put our production back online and just flared the gas. We chose not to do that. We left the production shut down because we didn t want to flare.
The decisions made during the Texas power crisis are part of a broader debate with the oil and gas industry over flaring, the process of releasing greenhouse gas emissions through burning, which has long been a controversial topic for environmental advocates and climate policy experts. The practice, which is commonly used by oil and gas companies to relieve the pressure that builds up during oil production, is responsible for releasing CO2 and methane into the atmosphere. ....

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Post Blackout: Rethinking Texas

More from my terrific conversation with Michael Webber at the University of Texas.
Michael is well known for having thought deeply about how the grid works and where it’s going. I’m pairing his insights with a long analysis from E&E News, which I excerpt here, but by all means go to the link and give it a scan.
Nearly a month after an arctic blast crippled Texas’ main power grid, questions continue to fly about how to prevent a similar disaster from occurring again.
Gov. Greg Abbott (R) has directed lawmakers to address the electricity crisis during their current session. He and others are also calling for power pricing errors to be corrected and for an overhaul of the grid operator. ....

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The future of Big Oil flaring in the Permian Basin and the climate challenge

The future of Big Oil flaring in the Permian Basin and the climate challenge
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