ConocoPhillips Pulls Flaring Permit Extension Request at 41 Texas Sites

(Reuters) — U.S. oil and gas producer ConocoPhillips said on Friday it withdrew a request to extend flaring permits at 41 of its sites in West Texas. 

Flaring, the practice of deliberately burning unwanted gas, has become a concern for environmentalists and investors on fears that it exacerbates climate change by releasing carbon dioxide into the atmosphere.

After a surge in the practice, shale companies have come under pressure to curb it and to check greenhouse gas emissions, while Texas is considering tightening some rules around it.

ConocoPhillips continues to take steps to reduce flaring in Permian Basin's Goldsmith area by improving operational procedures, including shut-ins, John Roper, director of the company's media relations and crisis communications, told Reuters.

"These efforts have reduced the need for flaring events and eliminated the need to pursue the RRC (Railroad Commission of Texas) applications," added Roper.

The RRC confirmed that ConocoPhillips had withdrawn its request in a letter dated Sept. 2.

In October, the company had applied for a two-year permit to cover unplanned flaring in its Goldsmith facilities.

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