Natural gas pollution at the world's most prolific oil field will halve in the coming months, providing an environmental upside to the worst crash in the price of crude in decades.

As tumbling demand forces producers to shut in wells across the U.S., analysts at Rystad Energy estimate the amount of gas flared—where drillers burn off the less valuable gas found alongside the oil—in the Permian Basin will fall from 600 MMcf/d at the beginning of the year to below 300 MMcf/d in the second half.

The drop-off is equivalent to the amount of gas required to heat half of all homes in Texas.

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