The amount of natural gas wasted, just burned off (flared) has tripled in the last five years. So much is burned off on site, instead of being sold that the light competes with major cities in views from space. This wasted energy could power two major cities.
I can believe it's cheaper for them to burn a lot of it, but I hate to see waste of any kind, and I wouldn't do it if I owned a well. I would just feel too guilty and ashamed of myself.