By Nicholas Newman, Contributing Editor
Millions of dollars’ worth of Texas gas is being lost in flaring and venting. In parallel with burgeoning oil and gas output, the amount flared and vented rose to 650,000 mcf/d in 2018, as recorded by the Texas Railroad Commission (TRC).
Although flaring is more common than venting, both routinely occur during oil and natural gas development. Natural gas flaring is the process of combusting natural gas at the well-head using a dedicated flare.
Venting refers to the direct release of gas into the atmosphere and is often banned or restricted. When possible, flaring is preferred because methane, the main comp
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