Tuesday, November 20, 2018

Flaring Rules Update: NDIC Has Approved Amendments For Flaring Policy -- November 20, 2018

From The Bismarck Tribune: NDIC to give oil industry more flexibility on flaring. Just in time -- considering the slump in oil prices.
... changed the goals of the gas capture policy first adopted in 2014 to focus on increasing the volume of captured gas rather than reducing the flared volume.
Commissioners also dropped the goals of reducing the number of wells flaring and reducing the duration of flaring. Instead, they added a goal of incentivizing investment. 
the Industrial Commission further expands the number of circumstances that allow a company to be in compliance with the gas capture policy even if the company’s flaring rate exceeds the benchmark.
The gas capture target increases to 88 percent for natural gas produced in November, which will be reported in January.
Director of Mineral Resources Lynn Helms recommended that commissioners postpone the 88 percent gas capture requirement for two years.
However, the commission stopped short of changing the timeline in anticipation of a change to the way flaring is regulated on the Fort Berthold Reservation. The Bureau of Land Management plans to defer regulation of flaring on trust lands to the Mandan, Hidatsa and Arikara Nation starting early next year.
Maybe someone else can provide "specific, actionable" changes. I certainly didn't get much from the NDIC press release or the news story.

NDIC screenshot.

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