News

Economists detail recovery of New Mexico oil production

Associated Press | June 24rd, 2021ALBUQUERQUE, N.M. (AP) — Legislative analysts say New Mexico is the only top oil-producing state to have recovered to pre-pandemic levels of production, but they warned Wednesday that the market remains volatile.

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Experts: New Mexico's oil and gas industry recovering

Scott Wyland, Santa Fe New Mexican | June 23rd, 2021New Mexico’s fossil fuel industry is rebounding from a slump brought on by the coronavirus pandemic, a market downturn and uncertainty surrounding the Biden administration’s pause on new oil and gas leases on public lands, industry experts told a legislative committee Wednesday.

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New Mexico oil output at record levels after crash

Dan Boyd, Albuquerque Journal | June 23rd, 2021SANTA FE – New Mexico oil production has bounced back in a big way from a March 2020 price crash that caused a rapid decline in drilling, with state oil and natural gas production hitting record high levels in recent months.

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Devon Paring Flared Gas, Freshwater Use in Permian Completions to Reach Net-Zero Carbon Goals

Carolyn Davis, Natural Gas Intel | June 22rd, 2021Oklahoma City-based Devon Energy Corp. on Monday joined many of its Lower 48 oil and gas peers in establishing environmental performance targets to reduce the carbon intensity of its operations and cut overall emissions from its supply chain.

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5 summer products made from oil and natural gas

Now that summer is here, you can get out all of that summer gear for pool days. There are many products that are made from oil and natural gas. Here are some examples:

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NMOGA Applauds Federal District Court for Order to Resume Federal Oil and Gas Leasing

SANTA FE, NEW MEXICO, June 16, 2021 – The New Mexico Oil and Gas Association (NMOGA) today released the following statement in response to U.S. District Court Judge Terry A. Doughty’s order to resume federal oil and natural gas leasing:

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