An oil and gas well carbon capture system includes a controller configured for minimizing or eliminating natural gas flaring and venting. A downhole pump is driven by a motor connected to the controller, which interactively operates a control valve. Controller inputs include gas pressures, pump motor speed and oil and gas delivery. The system is configured for separating production phases comprising oil, water and natural gas. A pressure transducer monitors output to gas sales, which can also be monitored with a digital flow meter. A carbon capture method for oil and gas production is also provided. The controls system maximizes downhole pump efficiency and oil and gas production by interactively monitoring and controlling well operating parameters. A method embodying the present invention optimizes well production and operating efficiency.