Natural Gas News – August 13, 2018

Natural Gas News – August 13, 2018

Report: Texas Natural Gas Flaring at Record Highs

Houston Public Media reported: Drillers in Texas are flaring natural gas at record-high levels, according to a new report from Austinbased industry research firm Drillinginfo. The uptick is due to the huge increases in West Texas oil production, which is itself at alltime highs. All that oil drilling brings up a lot of extra gas known as “associated gas” in the industry – but drillers don’t have enough pipelines to get the gas to markets. So, they burn it off into the air instead. Drillinginfo analyst Sarp Ozkan said flaring has rapidly increased in recent years as Texas oil production has skyrocketed. “2010 is when flaring started to increase about historical levels,” he says. “Between 2001-2010, flaring averaged less than .5 percent [of all natural gas produced]. Since, it has been increasing consistently.” And, Ozkan says, the trend is expected to continue for a while. “We’re still looking at late 2019 before we’ll see these flared volumes start to slow down with new infrastructure coming online,” he says. For more on this story visit houstonpublicmedia.org or click https://bit.ly/2KNI0UY

California Researchers Looks to Convert Carbon Dioxide to Renewable Natural Gas

Daily Energy Insider reports: Lawrence Livermore National Laboratory (LLNL), in collaboration with Southern California Gas Co. and Stanford University, has developed a process to convert carbon dioxide to renewable natural gas using microbes. This process of converting carbon dioxide to methane using renewable electricity is known as microbial electromethanogenesis (ME). ME allows for the storage of excess renewable electricity, which increases renewable natural gas availability, lowers the cost of producing renewable natural gas, and decreases carbon dioxide emissions. The project is funded in part by an $800,000 grant from the U.S. Department of Energy. Southern California Gas will also provide $400,000 in funding, on top $125,000 of seed funding it provided in 2017. For more on this story visit dailyenergyinsider.com or click https://bit.ly/2vGrXUm

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

Sign up for FUELSNews for daily market information and insights
Sign Me Up
Make a Call

We are happy to discuss your business challenges over the phone and answer any questions.

800.695.6626

Send Email

Ask your toughest questions. We'll get back to you with the best answer humanly possible.

Send Email

Find a Location

Need to contact a specfic office? View contact information for offices across the country.

View Locations

Get a Quote

Let us know what type of fuel or service you need and a team member will get a quote to you quickly.

Get a Quote