October 20, 2021
The chart shows CO2 and CH4 emissions from associated gas flaring. In 2019 flaring emissions reached its peak of 28.6 MtCO2eq primarily due Williston emissions. During this period of time less than 80% was captured. Williston producers invested over USD$20 billion in natural gas processing and pipeline infrastructure resulting in 94% capture rate in February 2021. Capture rate is expected to grow further in next few years. Even with growth of oil production in Permian and Williston basin, GHG emissions from flaring is expected to drop to 6.6 MtCO2eq in 2030 down from 28.6 MtCO2eq in 2019.
Incorrys prepared the forecast for flaring based on analysis on processing and pipeline infrastructure, associated gas supply forecast and government regulations.