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PS- Developments & Trends Briefs - January 27, 2020

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Flaring and venting of natural gas reached an annual record in 2018 at 1.28 Bcf/d, the Energy Information Administration reported in December. This equates to 1.25% of produced volumes compared to 0.84% the prior year. Texas and North Dakota accounted for 1.1 Bcf/d or 86% of the total. In North Dakota, 400 MMcf/d was flared, or 17% of produced volumes. In Texas, fueled by the Permian Basin and Eagle Ford, 0.65 Bcf/d was vented......
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