Bakken flaring burns more than $100 million a month

“The amount lost to flaring pales in comparison to the $2.21 billion in crude oil production for May in North Dakota. Still, energy companies are working to build more pipelines and processing facilities to connect many of the state’s 9,000 wells – a number expected to hit 50,000 by 2030. But it is a process that takes time and is not always feasible.  Roughly 29 percent of natural gas extracted in North Dakota was flared in May, down from an all-time high of 36 percent in September 2011. But the volume of natural gas produced has nearly tripled in that timeframe to about 900,000 million cubic feet per day.”

http://www.reuters.com/article/2013/07/29/us-bakken-flaring-idUSBRE96S05320130729

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