By Maxine Joselow, The Washington PostA drilling rig works on pulling pipe while plugging an abandoned oil well near Shelby, Mont., in June 2021.
Wednesday’s rule seeks to prevent accidental and negligent leaks of methane - the main component of natural gas - from wells, pipelines and other infrastructure. It also aims to discourage venting and flaring - the practices of intentionally releasing methane into the atmosphere, rather than building equipment to capture it.
By setting a ceiling on how much gas companies can vent and flare without paying royalties, the new rule is expected to generate more than $50 million in additional payments to the federal government each year, according to the Interior Department. It will also conserve billions of cubic feet of gas that might otherwise have been vented, flared or leaked, the agency said.
The oil and gas industry has said it supports well-designed federal methane regulations, and it is taking steps to curb its methane output. But in public comments, a coalition of fossil fuel industry groups raised concerns that the BLM’s proposed rule was duplicative of other requirements from the EPA and states.
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