The oil and gas industry is regulated too closely for the oil companies to try to release natural gas without anyone knowing anything about it.
The flared natural gas story is an old, old story and will take care of itself.
I do agree that a shorter period of time is not indicated; perhaps field-by-field.
In the big scheme of things, flaring natural gas is a minor issue that is being worked.
What amazes me is the poor quality of the blog at the link. The most glaring error: the writer suggests that the Bakken is a natural gas play; it's not. It's an oil play. I don't know what it is now, but early in the boom, natural gas represented about 3% of the total economic activity of the activity. Three percent. The percent of natural gas is dropping, but more importantly actual amount of natural gas being trapped and sold is increasing significantly.
It must have been a slow news day for that particular blogger.
Probably not a parody:
ReplyDeletehttp://grist.org/news/a-third-of-north-dakota-natural-gas-never-makes-it-to-market-which-may-be-a-good-thing/
The oil and gas industry is regulated too closely for the oil companies to try to release natural gas without anyone knowing anything about it.
DeleteThe flared natural gas story is an old, old story and will take care of itself.
I do agree that a shorter period of time is not indicated; perhaps field-by-field.
In the big scheme of things, flaring natural gas is a minor issue that is being worked.
What amazes me is the poor quality of the blog at the link. The most glaring error: the writer suggests that the Bakken is a natural gas play; it's not. It's an oil play. I don't know what it is now, but early in the boom, natural gas represented about 3% of the total economic activity of the activity. Three percent. The percent of natural gas is dropping, but more importantly actual amount of natural gas being trapped and sold is increasing significantly.
It must have been a slow news day for that particular blogger.