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Approximated rate of US natural gas vented or flared declined in 2023, EIA says

The annual quantity of gas vented or flared in the U.S. reduced to 0.5% of gross withdrawals in 2023, the Energy Information Administration (EIA). approximated on Thursday, based upon preliminary state and federal. information.

This portion is approximated to be the lowest rate of. venting and flaring taped in 18 years, the EIA said.

Venting involves the direct release of gas into the. environment throughout oil and gas production and operations, while. flaring is the combustion of gas.

Both discharge some greenhouse gases in addition to some unburned. methane into the environment.

Methane can likewise leakage from oil and gas installations, however. leaks are not generally recorded in the venting and flaring data. reported, the EIA report added.

The amount of gas vented or flared can differ throughout areas. due to difference in guidelines and infrastructure restraints.

The rate of gas vented or flared in the U.S. has decreased. from 1.3% in 2018 and 2019 to an approximated 0.5% in 2023, even. production increased over the exact same duration to a record average of. 125.0 billion cubic feet per day in 2023, the report said.

The states with the most reported vented and flared natural. gas are Texas, North Dakota, and Wyoming, the EIA said.

(source: Reuters)