Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical electricity usage data and present appropriate options. Request now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

Texas Producers Get Creative to Deal with Gas Glut

June 11, 2019

Bloomberg reports that several Texas producers are injecting highly-pressurized natural gas into declining oil wells, which are then capped to build up pressure.  The objective is to dislodge any remaining oil and take advantage of high oil prices and find a way to avoid flaring or paying others to take away low priced and abundant natural gas.