News

BP believes it has found a fertile new source of shale gas in New Mexico, on land it bought from a U.S. shale driller two years ago.

By Dan Boyd / Journal Capitol Bureau Chief

SANTA FE – After several stagnant years, New Mexico’s economy is finally showing signs of growth.

Driven by a surge of drilling in the oil patch, the state’s gross domestic product – a key economic indicator – grew by 2.8 percent in the first quarter of this year, the third-highest growth of any state. Only Texas and West Virginia posted more robust gains, according to the federal Bureau of Economic Analysis.

By: Ryan Flynn, Executive Director, New Mexico Oil & Gas Association

There are at least two sides to every story, and you can always rely on The Santa Fe New Mexican to tell exactly one of them. Take the recent piece “Neighboring states a world apart on methane regulations” published on July 17, 2017. The New Mexican dedicates nearly 3,000 words to extolling the virtues of Colorado’s methane regulations, anoints it as the “gold standard,” and praises the climate policies of former President Barack Obama and former Governor Bill Richardson.

As the first woman to run a big American oil company, Vicki Hollub has quickly made Occidental Petroleum leaner, smarter, gentler--and poised to gusher cash for the next half-century.

U.S. Secretary of the Interior Ryan Zinke Thursday ordered the department to explore ways to streamline the oil and gas permitting process and hold quarterly lease sales.

SANTA FE, NM – Today, Ryan Flynn, Executive Director of the New Mexico Oil & Gas Association, testified before a Congressional Committee on the impact bureaucratic federal regulations have on oil and natural gas development in New Mexico.