Flaring is the second biggest emission source in oil & gas production, and an area where we have made great progress. Equinor’s upstream flaring intensity for operated assets is around 0.3% of hydrocarbons produced, significantly lower than the industry average of 1.4% (IOGP 2015). We are working towards a target of 0.2% by 2020 for our operated assets, set as part of our commitment to the Sustainable Energy for All Initiative.
Since 2007, our CO2 emissions from flaring have been reduced by 25%, which is equivalent to more than 190,000 tonnes. Equinor will eliminate routine flaring by 2030. In Norway, strict regulation combined with close proximity to gas infrastructure have been key to eliminating continuous production flaring. For Equinor as a company, much of the change has come as a result of building a zero routine flaring culture from the top and continuously focus on reducing efforts in our operations.
At Bakken, an onshore US gas field operated by Equinor, we have significantly reduced our flaring level over the past few years. We continue to work together with neighbouring partners and technology providers to develop flaring reduction solutions, coordinating our drilling operations with pipeline construction, for example, to reduce the need for flaring.