Texans for Natural Gas released their latest report on methane and flaring intensity in the Permian Basin. From 2011 to 2021, methane intensity in the Permian Basin has fallen more than 76 percent, even as production increased over 345 percent in that same period. Between 2020 and 2021, methane intensity in the Permian fell by almost 20 percent.
Two other important takeaways from the report are:
- Flaring Intensity Declined: Flaring intensity in the Permian Basin decreased by over 34 percent from 2020 to 2021. Texas as a whole has also dramatically reduced its flaring intensity. Between 2020 to 2021, the state reduced its flaring intensity by 60 percent.
- Permian Basin is making more flaring progress than global competitors: Not only is the Permian a leader in low flaring intensity, but it is also helping the U.S. make more progress than any other country in the world. Of the top 10 countries by flared volumes, the United States has made the most progress in reducing its emissions. From 2019 to 2021, the United States has cut flared volumes almost in half – a 49.3 percent decrease.
The Texas Methane & Flaring Coalition applauds this great showcase of the work that has been accomplished by the Texas oil and natural gas industry to reduce emissions with optimization of operational best practices and utilizing technology.
Read the full release from Texans for Natural Gas here.