Texas oil regulator pursuing plan to reduce gas flaring
AUSTIN – On June 16th, the Railroad Commission of Texas heard from the state's oil and gas trade associations, environmental advocacy groups, and several oil and gas producers about the issue of flaring and how Texas can implement meaningful reforms to reduce flaring before oil and gas activity returns to previous highs.
"I am very concerned by the rate of flaring in Texas," said Chairman Christian. "We cannot continue to waste this much natural gas and allow the practice of flaring to tarnish the reputation of our state's thriving energy sector to the general public and investors on Wall Street."
During the meeting, trade associations involved in the Blue Ribbon Taskforce for Oil Economic Recovery unveiled their report titled 'Flaring Recommendations & Best Practices'. The full report can be found here. Recommendations include reducing the time an administrative approval can be provided for flaring by 50% and providing much greater clarity on data submissions to improve the information we have on flaring in the state.
After hearing the invited testimony, Chairman Christian instructed commission staff to consider the information provided by all parties to come up with a plan of action for addressing flaring this fall.
"The Texas oil and gas industry is resilient and has led our nation to American energy dominance," said Christian. "I have faith we can meet this challenge and ensure the lone star state sets an example for the rest of the world."