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12-02-2010, 06:28 AM
Oil and gas operators could economically capture nearly half their flared or vented natural gas on federal land to boost government royalties and reduce heat-trapping emissions, the Government Accountability Office said in a report released yesterday. Using off-the-shelf technologies, operators could save about 40 percent of gas vented or burned at federal onshore leases and add about $23 million to their annual federal royalty payments, the 57-page report found.
For more information:
http://www.nytimes.com/gwire/2010/12/01/01greenwire-gao-report-us-loses-royalties-as-oil-and-gas-d-67791.html
For more information:
http://www.nytimes.com/gwire/2010/12/01/01greenwire-gao-report-us-loses-royalties-as-oil-and-gas-d-67791.html