Well Power, Inc. (WPWR) Technology Aims to Curb Adverse Effects of Gas Flaring
Gas flares are the flames that angrily belch out the top of oil wells to burn off excess natural gas in the oil wells. Gas flaring, as the actual process is called, is a heavy contributor to carbon dioxide emissions, fatally affects birds and insects that migrate toward the flames, and has also been the blame of prairie fires. Approximately 2.4 million barrels of oil equivalent is wasted each day by gas flaring alone, resulting in $10 billion of lost revenue and 400 million metric tons of CO2 equivalent global greenhouse gas emissions each year. Houston, Texas-based Well Power aims…