Gas flaring in the Permian Basin reached an all-time high in the third quarter of 2018, as the persistent rise in production collided with severe takeaway capacity challenges in the world’s most prolific shale play. Rystad Energy estimates that gas flaring in the Permian averaged 407 million cubic feet per day in 3Q 2018 – and this number is likely to climb even higher once final disposition figures are registered, given the significant level of under-reporting that still exists for September. Rystad Energy, the independent energy research and business intelligence company, expects flaring to grow well into 2019, ... (full story)