Articles Tagged with flaring

Published on: July 8, 2021

Bills Addressing Flaring in Texas Legislature

The recently completed session of the Texas Legislature several bills were filed addressing flaring from oil and gas wells — none of which passed. The number and variety of bills does, however, indicate the increased level of interest and concern about unwarranted flaring of natural gas.

HB 1377: Revises the Tax Code to eliminate the exemption from severance tax for gas “produced from oil wells with oil and lawfully vented or flared.

SB 1293 and HB 1494: Revises the Tax Code to impose a severance tax of 25% on flared gas.

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Published on: January 2, 2020

End of a Decade: Rise of the Permian

By John McFarland

Happy New Year.

The decade now ending was the decade of the Permian Basin. Its rise in production changed the US to a net oil exporter.

Permian gas production, a byproduct of the search for oil, drove down gas prices and resulted in a frenzied effort to build pipelines to move the gas to the coast.

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