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North Dakota Gas Flaring Costs Producers $1.2 Billion Each Year, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 09/13/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Rapidly rising crude-oil production in North Dakota has triggered a surge in natural gas flaring there, which is damaging the environment and lowering revenue for oil & gas producers, according to a recent report from Ceres (Boston, Massachusetts), a corporate sustainability organization. In 2012, the value of gas flared in North Dakota was $1.2 billion -- about $100 million per month, or $3.6 million per day, Ceres calculated in its recent report, "Flaring Up."

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