Report: Methane regulations could be job creator, not job killer

A new report from the Texas Climate Jobs Project and the Ray Marshall Center at the University of Texas, Austin, suggests that efforts for preventing and plugging methane leaks from oil and gas operations could result in the creation of thousands of jobs throughout Texas.

Under the U.S. Environmental Protection Agency’s (EPA’s) recent methane reduction rule and a new methane fee under the Inflation Reduction Act, the oil and gas industry is expected to be hard hit, potentially resulting in the loss of untold jobs in oil and gas producing regions, notably in the Permian Basin, where nearly 40% of all oil production in the U.S. and nearly 15% of its natural gas production occurs.

However, the report suggests that an estimated 19,000 to 35,000 jobs could be created in Texas alone to mitigate such leaks. Specifically, the report suggests a significant workforce would need to be created to measure and detect methane leaks, decommission orphaned wells, replace components that leak gas, install flare systems in storage tanks, plug abandoned wells and more.

The research appears in the report, Mitigating Methane in Texas: Reducing Emissions, Creating Jobs, and Raising Standards.