re: Natural gas producers in TX paying people to take supply as prices sink deeper negative

quote:

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This not a new thing, happens more often than people realize.

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Yep.

However, in the past, operators would just light that shite on fire in the sky so the oil could keep flowing and not worry about shutting in wells if there was restrained gas takeaway.

However, New Mexico has pretty much outlawed flaring except for situations of real emergency or safety concerns, and the EPA is going its damnest to try to crack down on that method on the Texas side of the Permian border.