Analysis Says EPA’s Methane Rule Could Have Big Effect On Marginal Wells

Energy analysts are circulating estimates that over a third of producing oil and gas wells could be rendered “uneconomic” by EPA’s methane standards for the sector, though the analysis focused on low-producing wells also bolsters EPA claims that its rule would result in only minimal changes to overall oil and gas production. The estimates could help to quantify the rule’s effects on smaller wells, highlighting why the rule has faced stringent opposition from industry groups representing smaller companies even as...