News

San Juan College | August 16th, 2021Farmington, NM -- Thanks to the generosity of ConocoPhillips, San Juan College’s School of Energy now has $60,000 in scholarships available for Native American students in New Mexico.

Mary Kay Papen, Las Cruces Sun News | August 15th, 2021For decades, New Mexicans have been the beneficiaries of a robust oil and gas industry, which remains the driving force of our state’s economy and budget. In 2020 alone, oil and natural gas development in New Mexico totaled $2.8 billion in state revenue, with production on federal lands accounting for $1.5 billion in revenue and 18% of total state spending.

Carolyn Davis, Natural Gas Intelligence | August 6th, 2021The world’s largest direct air capture (DAC) facility, designed to zap up to 1 million metric tons/year of carbon dioxide (CO2) emissions from the Permian Basin, is tracking to start up by early 2024, Occidental Petroleum Corp. CEO Vicki Hollub said Wednesday.

Trent Jacobs, Journal of Petroleum Technology | August 5th, 2021Incremental gains are not always celebrated, but as two of the biggest oil producers in the US show, they nonetheless can net unrealized savings and new efficiencies.

Sheela Tobben, Bloomberg | July 30th, 2021New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.

Mike Cook, Las Cruces Bulletin | July 30th, 2021A report issued in mid-July by the New Mexico Oil and Gas Association (NMOGA) and the American Petroleum Institute (API) shows that New Mexico’s oil and natural gas industry added almost $19 billion to the state’s gross domestic product in 2019, NMOGA said in a news release.