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DCP Midstream, LP (DCP) Q1 2021 Earnings Call Transcript


Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Q1 2021 DCP Midstream Earnings Conference Call. At this time, all participants lines are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Sarah Sandberg, Senior Director of Investor Relations. Thank you. Please go ahead.
Sarah Sandberg
Senior Director-Investor Relations
Thanks Angela. Good morning, and welcome to the DCP Midstream first quarter 2021 earnings call. Today s call is being webcast, and I encourage those listening on the phone to view the supporting slides, which are available on our website at dcpmidstream.com. ....

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NM counts on new tech to help control industry pollution


Operators must meet a 98% gas capture rate by the end of 2026.
Methane gas is being burnt off at two oil and gas wells in the Delaware Basin just south of Carlsbad Wednesday September 25, 2019. (Eddie Moore/ Albuquerque Journal)
That goal is significant for a state where the oil and gas industry accounted for 53% of statewide greenhouse gas emissions in 2018, said Sarah Cottrell Propst, cabinet secretary of the Energy, Minerals and Natural Resources Department.
“Getting a handle on as much of the industry as possible in the rule was really important to us,” Cottrell Propst said. “The rules are very clear about the environmental outcome, that gas capture percentage that operators need to hit. But it gives them a lot of flexibility on technology for how to get there.” ....

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