"Texas officials have vowed to oppose federal regulations aimed at reducing methane emissions from oil and gas operations. But the report says plugging leaks and upgrading wells is poised to be a big business in the Lone Star State."
"A new report finds that methane regulations proposed by the Environmental Protection Agency could spur job growth in Texas as oil and gas operators measure, monitor and mitigate the harmful greenhouse gas.
While Texas officials argue the methane regulations would kill jobs, the report, published today by the Texas Climate Jobs Project and the Ray Marshall Center at the University of Texas, Austin, found that new federal methane regulations could create between 19,000 and 35,000 jobs in the state.
Oil and gas producing regions, including the Permian Basin, would need a significant workforce to detect methane leaks, replace components known to leak the gas and plug abandoned wells. Previous research shows the methane mitigation industry is already growing.
In the absence of state methane rules, the EPA’s draft methane rule, first issued in November 2021 and strengthened in a supplemental filing last November, along with a new methane fee under the Inflation Reduction Act, will have a major impact on oil and gas operations in the Lone Star state."