September 9, 2021
AUSTIN – The Environmental Partnership, an initiative of over 90 U.S. oil and natural gas companies, has released its third annual report showcasing the industry’s progress in innovation and emissions reductions. According to the report, participants in the partnership’s new flare management program reported a 50 percent reduction in flare volumes from 2019 to 2020, even as oil and natural gas production remained consistent among participating companies.
“Today’s announcement only reinforces the fact that the oil and natural gas industry’s commitment to serving both our environment and our energy needs is steadfast,” said Todd Staples, president of the Texas Oil & Gas Association. “In Texas, natural gas that is flared represents less than 1% of all natural gas produced, and innovation and new technologies continue to drive this number down. Initiatives like the Environmental Partnership and the Texas Methane & Flaring Coalition will continue to make emissions progress to ensure a cleaner, stronger and better energy future.”
Founded in 1919, TXOGA is the oldest and largest oil and gas trade association in Texas representing every facet of the industry.