Matrix Innovation

Flaring, the process of burning off excess natural gas at oil production sites, is a critical environmental and economic issue in the oil and gas industry. This practice, while historically used for safety and lack of infrastructure to utilize the gas, leads to significant carbon dioxide emissions, contributing to climate change. Moreover, flaring releases harmful pollutants like sulfur dioxide and nitrogen oxides, posing health risks to nearby communities. The need to stop flaring is driven by both environmental concerns and the realization that flared gas represents a wasted resource that could be harnessed for energy production. The industry is increasingly seeking alternatives, such as re-injecting gas into wells to enhance oil recovery or converting it into liquid fuels. These solutions not only mitigate environmental impact but also unlock additional economic value from oil extraction processes.