The Environmental Partnership, an initiative of over 90 US oil and natural gas companies, has released its third annual report showcasing the industry’s progress in innovation and emissions reductions.
According to the report, participants in the partnership’s new flare management program reported a 50 percent reduction in flare volumes from 2019 to 2020, even as oil and natural gas production remained consistent among participating companies.
Todd Staples, president of the Texas Oil & Gas Association, said: “Today’s announcement only reinforces the fact that the oil and natural gas industry’s commitment to serving both our environment and our energy needs is steadfast.
“In Texas, natural gas that is flared represents less than one percent of all natural gas produced, and innovation and new technologies continue to drive this number down.
“Initiatives like the Environmental Partnership and the Texas Methane & Flaring Coalition will continue to make emissions progress to ensure a cleaner, stronger and better energy future.”
For more information visit www.theenvironmentalpartnership.org