Oil giant BP plans to invest around $1.3 billion to develop a system made of pipelines and other infrastructure that would gather and capture natural gas extracted as a byproduct of oil drilling in the Permian Basin, in an effort to end routine gas flaring from its operations in the field by 2025. An initial $300 million investment in its Grand Slam oil, gas and water handling facility, which entered service in June, already helped BP reduce its flared volume in the Permian from 13% in the second half of 2019 to about 3.5% in the second half of 2020.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More