Pioneer Natural CEO calls out shale industry for Permian Basin gas flaring

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The chief executive of Pioneer Natural Resources , Scott Sheffield, on Tuesday c...

), Scott Sheffield, on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.

Producers should get flaring and venting rates to 2% or less and not drill wells before pipelines are complete, Sheffield said during a call with analysts a day after releasing quarterly results. BP Plc , which took over BHP Petroleum’s assets in the Permian in March and has a relatively small amount of production in the field, had a flaring and venting rate around 14%. BP did not respond to a request for comment.

 

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Thanks for the advice, we’ll take that into consideration. 😜

What about closing the valves of the wells till the infrastructure is actually done instead? Or is this not even possible by technology limitations and/or reduce installation cost?

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