New data from the Railroad Commission of Texas reveals that Texas’ statewide flaring rate fell to an even lower record level at the end of 2021. The percentage of natural gas flared in Texas dropped to a new record low of 0.19% in November.
As crews in the field worked through expected challenges, keeping the power on enabled technicians to troubleshoot issues on this vast system and keep sufficient volumes of natural gas flowing.
According to S&P Global Platts, 30-day average for Texas Onshore production continues strong during February 2022 with daily production averaging 1.5 Bcf/d more or almost 7% more than 2021.
As Texans prepare for the coming cold weather, operators in the Texas oil and natural gas industry are also preparing for the freezing temperatures that are expected for much of the state later this week.
AUSTIN – Data from the Workforce Commission suggests that Texas upstream oil and gas employment continues to climb as upstream employers expanded payrolls by 3,000 jobs in December 2021. At 188,700 upstream jobs, December 2021 jobs are up by 27,800, or 17.3%, from December of 2020.
A great deal of attention is focused on what, if any, impact the sudden temperature drop might have on statewide natural gas production. All reports we’ve received indicate declines are minimal, characteristic of daily fluctuations and within typical operational expectancies.
