Methane emissions from venting and flaring in New Mexico's booming Permian Basin have doubled since 2017, according to a report from the state's Methane Advisory Panel. A glut of natural gas, combined with limited pipeline capacity in the Permian Basin often leads drillers to vent or flare methane, a powerful greenhouse gas.
The analysis finds that venting and flaring account for 30 percent of greenhouse gas emissions in the oil-rich region, a sharp contrast from industry projections, which estimate venting and flaring only account for 4 percent of regional emissions. While the Trump administration has rolled back regulations aimed at reducing methane emissions from oil and gas development, New Mexico is currently developing rules aimed at limiting venting, flaring, and natural gas leaks.
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