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Mora Decision Bad for New Mexico

By Joseph Montes. The Mora County Commission has turned its back on New Mexican families, school students and the unemployed to embrace the environmental lobby with open arms. In a recent decision that has left many residents scratching their heads, the commission decided to ban oil and natural gas development in their county. With the New Mexican oil and natural gas industry serving as a … [Read More...]

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Japan Looks at New Mexico as natural gas source

ALBUQUERQUE (KRQE) - New Mexico's struggling natural gas industry could get a big boost from Japan. The massive 2011 earthquake and tsunami devastated Japans' Fukushima Daiichi nuclear plant. Japan is now looking for new sources of energy, and natural gas is high on the list. Read and Watch the Full Story Here … [Read More...]

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Export LNG for Economic Benefit to New Mexico

Exporting Liquefied Natural Gas Would be Immediate Economic Boon for New Mexico by Paul Gessing, May 3, 2013. If the Obama Administration approves liquefied natural gas (LNG) exports to non-free trade nations (those that do not have separate trade agreements with the United States), New Mexico could see an immediate increase in economic output of $200 million and the addition of 2,000 jobs … [Read More...]

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Governor Susana Martinez Announces Cabinet Appointments at New Mexico Environment Department and Energy, Minerals & Natural Resources Department

April 15, 2013 SANTA FE – Today, Governor Susana Martinez announced two appointments to cabinet secretary positions in her administration. New Mexico Environment Secretary F. David Martin will move to the position of Cabinet Secretary for the New Mexico Energy, Minerals & Natural Resources Department. Martin will fill the vacancy of current Secretary John H. Bemis, who will retire on April … [Read More...]

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State of New Mexico Revenue from Oil and Gas Industry Fiscal Year 2012

Here is a chart of how taxes and royalties flow directly from the oil and gas industry into the coffers of the State of New Mexico and local government entities. The chart does not include income taxes, payroll taxes, gross receipts taxes, or compensating taxes from oil and gas operators. The chart also does not include indirect tax impacts such as income and other taxes from service and support … [Read More...]

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2013 NMOGA Annual Meeting

October 6th ,7th and 8th in Santa Fe.

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