APA Eliminates Routine Flaring Onshore US
APA Corporation announced its subsidiary, Apache Corporation, has ended routine flaring in its U.S. onshore operations, achieving one of its 2021 ESG goals three months ahead of schedule.
“In early 2021, we set out to eliminate routine flaring in U.S. onshore operations as part of our broader efforts to continuously reduce our environmental footprint. We established an aggressive goal, and I am proud to announce we have achieved the goal ahead of schedule,” said John J. Christmann IV, APA’s CEO and president. “I’m grateful for our dedicated team, who has been working diligently to make this happen. We attained the goal through a concentrated effort, which included communicating clear objectives along with adding compression and optimizing facilities so more gas could enter the gathering system for sale. Future wells in the U.S. onshore will not be brought online without adequate gas takeaway capacity.”
Prior to 2021, Apache’s majority-owned midstream company, Altus Midstream, invested more than $850 million in two new natural gas pipelines, and Apache made firm transportation commitments on both pipelines to help underwrite and ensure construction of that infrastructure. APA believes this capacity investment was an important and necessary element to move gas to market, thus significantly reducing the practice of flaring for operators throughout the Permian Basin.
Information Source: Read More
Oilandgaspress.com | Energy, Climate, Renewable, Wind, Biomass, Sustainability, Oil Price, LPG, Solar
