The venting looks like a dramatic waste of resources, but as usual, there is more to the story. It takes a lot of gas to pay for the pipelines and compressors to deliver it to market. Back in the old days, we vented a lot of gas simply because there was no economic market for it. Today, there is much less flaring, but it is still a matter of economics. When a well is first completed, there is a level of uncertainty as to just how much it will produce - both oil and gas. We often test wells for some extended period before we can make a decision on whether we can install facilities to capture all of the gas. The state regulators recognize this, and they have limits on how much we can test or flare. Here's an analogy for this group. Saying that any gas flaring is a waste and should be stopped is like saying that combines should be 100% efficient and that no kernels of corn should end up on the ground after harvest.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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