Posted on 07/05/2024 12:25:20 PM PDT by JeepersFreepers
If the pipeline crosses someone’s land, the owner may say no, and this is a very real thing because the pipeline will only be used a year, and those LLCs are notorious for going bankrupt and not paying to remove the pipe.
It’s all about the calendar. North Dakota in particular flared gas for a long time because of these issues. Then regulations appeared that did not discourage the pipelines, they encouraged pipelines. Oil production got restricted by X cubic meters flared. So there was incentive to get that gas captured.
But too late. The Bakken is dying. There WERE some guys who wanted to place crypto mining farms at well sites and run generators from the natgas, which at least would not flare it.
But . . . all the solutions are bad ones.
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