North Dakota Oil Industry Missed Natural Gas Flaring Target in October
BISMARCK, N.D. (AP) — Revised numbers show North Dakota’s oil industry failed to meet the state’s natural gas flaring goals in October.
The latest numbers from the Mineral Resources Department show the industry flared slightly more than 16 percent of natural gas produced in October — not 15 percent as the agency reported from preliminary figures.
North Dakota’s Industrial Commission requires companies to flare no more than 15 percent, to reduce wasteful flaring. Regulators can limit oil production for companies that fail to meet the target. But the policy also includes many exceptions, making restrictions rare.
The Bismarck Tribune reports that 11 companies flared more than 15 percent in October, but none of them were ordered to limit oil production because they met one of the conditions in the policy.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments