Natural gas flares sparked 2 wildfires in North Dakota, state agency says [Yahoo! Finance]
ConocoPhillips (COP)
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Source: Yahoo! Finance
Investigators concluded that flares combined with high winds and extremely dry weather and started a wildfire near the town of Keena and another near New Town, the Bismarck Tribune reported Thursday. Officials with ConocoPhillips and Hess Corp., which operate the oil wells, say they're still reviewing the reports. No one was killed or injured in the two fires that both began Oct. 5, but a combined 14 square miles (36.3 square kilometers) were burned, damaging land and livestock. The fires were among several in northwestern North Dakota in October that burned up to 118,000 square miles (477.6 square km). Two people died and six were injured in other North Dakota wildfires. Agencies are still investigating what caused the other fires. Flaring is the act of burning off excess natural gas that comes up along with oil. Oil and gas companies are required to flare natural gas from oil wells that cannot be captured or moved — venting natural gas is illegal and creates more pollution th
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COP
Earnings
- 10/31/24 - Beat
COP
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- 10/31/24 - Form 10-Q
- COP's page on the SEC website