SOURCE: Industrial Info Resources

Industrial Info Resources

November 22, 2013 06:30 ET

Stranded Gas Flaring in North Dakota's Bakken Formation Gives Landowners Concern, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Nov 22, 2013) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Millions of tons of natural gas is being flared of in the Bakken each year from an estimated 9,000-plus working well sites. By 2030, the number is expected to grow to more than 50,000 working wells. But landowners who say they are losing revenue have filed 10 class-action lawsuits against oil companies operating in the state's Bakken oilfield.

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