A new $3 million program providing partial cost recovery for gas capture projects in North Dakota was outlined by the North Dakota Industrial Commission in mid-December. The program, authorized in SB 2089 last year, replaces a tax incentive arrangement and provides up to 50% cost recovery for projects that use gas containing 50% propane or higher that otherwise would have been flared.
Examples of projects include capture of tank vapor for beneficial use or further processing, compression or liquefaction for artificial lift, fuel, or non-pipelined transport, temporary gas injection, and use in generating electricity or computational power.
The program is authorized through June 30, 2025, and managed by the Oil and Gas Research Council (OGRC). Applications in a calendar year must be delivered to the Commission or postmarked on or before June 1 and November 1. Further details are contained within the OGRC Policies, Section 7.
EcoVapor designs and manufactures technology that may fit within the cost recovery program in North Dakota. Read more about technology that can help eliminate both venting and flaring.
For additional details or to talk through how the NDIC Emissions Reduction Program may effect your operation, contact EcoVapor.
