The Annual Offshore Oil & Gas Event
logo

The 26thBeijing International Offshore Oil & Gas Exhibition

ufi

BEIJING,CHINA

March 26-28,2026

LOCATION :Home> News > Industry News

Permian's flaring rises by 85% as oil boom continues

Pubdate:2019-04-12 13:57 Source:liyanping Click:

HOUSTON (Bloomberg) -- The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Texas. The phenomenon has likely only intensified since then.

Flaring is the controversial but common practice in which oil and gas drillers burn off gas that can’t be easily or efficiently captured and stored. It releases carbon dioxide and is lighting up the skies of West Texas and New Mexico as the Permian Basin undergoes a massive production boom. Oil wells there produce gas as a byproduct, and because pipeline infrastructure hasn’t kept pace with the expansion, energy companies must sometimes choose between flaring and slowing production.

“It’s a black eye for the Permian basin,” Pioneer Natural Resources CEO Scott Sheffield said at Wednesday at an energy conference at Columbia University in New York. “The state, the pipeline companies and the producers -- we all need to come together to figure out a way to stop the flaring.”

The amount of gas flared in the Permian rose about 85% last year reaching 553 MMcfd in the fourth quarter, according to data from Oslo-based consultant Rystad Energy. Local prices that are hovering near zero will remain “under stress” until more pipelines come online, Moody’s Investors Service said in a note Thursday.

There will always be a “mismatch” between the amount of gas produced and pipeline capacity, so some flaring is inevitable, according to Ryan Sitton, the head of the Railroad Commission of Texas. Despite what its name suggests, his agency oversees the oil and gas industry in the state and regulates flaring, allowing companies to burn gas for limited periods, or in times of emergency.

Some 4 Bcf of pipelines are expected come online in the next year or so, which will likely reduce, but not eliminate, the need to flare, the commissioner said in an interview.

Right now, there’s about 9.5 Bfd of gas pipeline capacity in the basin that can reach markets that need the heating and power plant fuel, according to RS Energy Group. That’s not enough to carry the more than 13 Bcfg that’s being pumped out of wells in the region.

Unsurprisingly, with such an abundance of gas but also real difficulties in getting it to consumers, prices for the fuel in Permian have been cheaper than in other parts of the U.S., and earlier this month they went negative, meaning producers had to pay customers to take their gas.

“Everything now that can reach a market is most definitely running full,” Jen Snyder, a director at RS, said in an interview Wednesday. “This market is going to be super volatile, particularly in the spring when market demand is low and things are tighter.”

The U.S. moved past Nigeria in terms of gas flaring in the recent years, though increases in Iran and Iraq have kept it in fourth place, according to World Bank data for 2017. Russia remains the biggest source, burning off almost 20 Bcm that year.

主站蜘蛛池模板: 最新欧美一级视频| 特黄特色大片免费播放器999| 女人高潮被爽到呻吟在线观看| 亚洲精品乱码久久久久久| 18禁高潮出水呻吟娇喘蜜芽| 日韩一区二区三区不卡视频 | 精品国产无限资源免费观看| 国产黄色片在线播放| 久久精品国产亚洲av电影网| 精品精品国产自在97香蕉| 国产精品视频无圣光一区| 久久久久久成人毛片免费看| 狠狠久久精品中文字幕无码| 国产性感美女在线观看| smesmuu的中文意思| 樱花草在线社区www| 制服美女视频一区| 男女下面一进一出视频在线观看| 打麻将脱内衣的小说阿蕊| 亚洲深深色噜噜狠狠爱网站| 蜜臀AV在线播放| 国产麻豆剧传媒精品网站| 久久久本网站受美利坚法律保护| 波多野结衣同性女恋大片| 国产另类ts人妖一区二区| HUGEBOOBS熟妇大波霸| 日本韩国视频在线观看| 亚洲狠狠色丁香婷婷综合| 色一情一乱一伦一区二区三区 | 中文字幕亚洲激情| 欧美在线xxx| 内射毛片内射国产夫妻| 国产高清精品入口91| 夜夜揉揉日日人人| 久久久久99精品国产片| 欧美怡红院成免费人忱友;| 午夜无码A级毛片免费视频| 精品久久久久久婷婷| 在线观看无码av网站永久免费| 久久久久国产免费| 欧美交a欧美精品喷水|