[Editor's note: A version of this story appears in the January 2021 issue of Oil and Gas Investor magazine.]

In New Mexico this summer, EOG Resources Inc. debuted a new technology to capture natural gas that sometimes flows back due to third-party midstream companies. EOG engineers in Midland, Texas, were pleased but not satisfied with the company’s 99.5% gas capture rate. But the culture at EOG bends toward perfectionism.

In the company’s Permian Basin division, in what might have been a hallway conversation between an engineer and a geologist, the question, relentlessly, was how to do it better. In this case, capture emissions.

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