Gas output from the Permian Basin of West Texas and New Mexico is forecast to surge in the second half of 2020 according to a new analysis, Kallanish Energy reports.Read more
The COVID-19 downturn caused a shocking decline in new fracturing operations in the US, with monthly numbers plunging to a bottom of 325 wells in June. New operations are now set to rise to above 400 wells in July, and recovery will be especially evident in the Permian basin, where activity has nearly tripled, according to Rystad Energy analysis.
SANTA FE, NEW MEXICO – Today, the New Mexico Environment Department and the New Mexico Energy, Minerals, and Natural Resources Department released draft rules for regulating methane emissions in New Mexico. The New Mexico Oil and Gas Association provides the following statement in response:Read more
New Mexico has a wealth of traditional fuel, mineral and renewable energy resources, from substantial oil and natural gas reserves and abundant sunshine to a significant portion of America’s uranium reserves — placing it among the nation’s top 10 energy producers.Read more
As Permian Basin operators join with others in the U.S. energy industry in responding to ongoing uncertainties, the natural gas and oil industry remains focused on protecting the health and safety of our workers, communities, and the environment.Read more