Beautiful mass burning shale gas flare visible in space

According to Xinhua News Agency, some oil companies in the United States are sending enough oil and gas energy to thousands of households to treat waste gas by combustion, causing concerns about waste of resources and environmental damage.

Exhaust gas burning, fire in space

The British "Financial Times" reported on the 27th that North Dakota's exhaust gas emissions increased by about 50% in 2012. North Dakota is a large shale resource state, and the exploitation and utilization of shale resources is expected to change the US energy outlook.

The United States has become one of the countries with the most burning emissions. According to estimates by the World Bank, the amount of gas burned in the United States has tripled in the past five years, ranking the top five in the world, behind Russia, Nigeria, Iran and Iraq.

The Financial Times said that the flares from the North Dakota Bakken shale formation and the Texas Eagleford shale formation were clearly visible in nighttime satellite photographs.

Oil production in the Bakken shale formation doubles every 18 months. This mine accounts for 10% of the nation's oil production, but the facilities that deal with the waste gas associated with oil production have been delayed.

Pollute the air and interfere with residents

Oil companies burned the exhaust gas in part because of the low price of natural gas in North America, and the maintenance of pipes and tanks that handle the exhaust gas would increase costs.

The practice of burning waste gas by oil companies has attracted the attention of some shareholders and environmentalists. The reason is that this approach not only increases greenhouse gas emissions, but also pollutes the air and interferes with nearby dwellings.

In North Dakota, for example, burning exhaust gas has increased greenhouse gas emissions from the state's oil production, refining and transportation by 20% over the national average.

Investors sent a letter to Exxon Mobil, Chevron and the Norwegian National Oil Company on this matter last year. These institutions have a total of $500 billion in assets.

Andrew Logan works on a large investor relations network dedicated to environmental issues. He believes that burning exhaust gas threatens the growth of the petroleum industry. "Excessive combustion of exhaust gas not only damages the environment, but also wastes valuable resources ... threatens business licenses."

Call for countermeasures to reduce burning

However, the burning of waste gas by oil companies and the concerns raised by them have increased.

Mersey Capital Services submitted a shareholder resolution this month requesting Continental Resources to introduce cleaning targets to reduce or eliminate combustion fumes. Continental Resources is a major oil company in the Bakken shale formation.

Continental Resources responded that the company’s combustion volume has been below the industry average and is making progress in reducing emissions. Continental Resources agreed to release relevant progress in 2013.

The North Dakota State Legislature is considering a bill to encourage companies to reduce emissions while reducing taxes. The state also encourages oil companies to use natural gas to power drilling equipment.

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