News

New Mexico oil, gas production up by 10%

New Mexico oil, gas production up by 10%

Staff, Associated Press News | April 1, 2021

CARLSBAD, N.M. (AP) — New Mexico has reported that oil and gas production increased by more than 10% last year compared to the year before even as demands for fuel dropped during the coronavirus pandemic.

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New Mexico breaks oil and gas production records in 2020

New Mexico breaks oil and gas production records in 2020

Adrian Hedden, Carlsbad Current-Argus | March 30, 2021

Oil and gas production in New Mexico set another record for 2020 even as COVID-19 decimated fuel demands and the market struggled.

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Can Natural Gas Be Part of a Low-Carbon Future?

Can Natural Gas Be Part of a Low-Carbon Future?

Michael E. Webber, Scientific American | 2021 Issue

In the mid-2010s it became common to say that natural gas would be a bridge fuel to a zero-carbon future, in which solar, wind and other renewable technologies provide all of our energy without any carbon dioxide emissions to worsen climate change. But if natural gas is really a bridge, then it’s not part of the long-term plan. And if we actually build the bridge, we’re likely to stay on it.

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New Mexico Community Leaders Discuss Importance of Federal Oil and Gas Development

New Mexico Community Leaders Discuss Importance of Federal Oil and Gas Development

Virtual event featuring local voices follows Department of Interior forum on future of Federal Oil & Gas Leasing Program

SANTA FE, NEW MEXICO, March 25, 2021 – Oil and natural gas federal leasing and permitting are essential to the health and stability of New Mexico communities, a local hospital leader, teacher, and business owner said during a press call organized today by the New Mexico Oil and Gas Association (NMOGA). The virtual event highlighted the broad consequences of a pause of federal oil and natural gas leasing and came immediately after the U.S. Department of Interior’s public forum on the matter.

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Oil, Gas Activity Improving Dramatically in Permian and Beyond

Oil, Gas Activity Improving Dramatically in Permian and Beyond

Carolyn Davis, Natural Gas Intelligence | March 25, 2021

Oil and natural gas activity sharply expanded during the first three months of the year in Texas, New Mexico and Louisiana, according to a survey by the Federal Reserve Bank of Dallas.

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New Mexico oil production hits another record in 2020

New Mexico oil production hits another record in 2020

Kevin Robinson-Avila, Albuquerque Journal | March 22, 2021

ALBUQUERQUE, N.M. — New Mexico’s oil patch is still gushing, with production growing another 10.5% in 2020 to a record 366.6 million barrels, despite the pandemic.

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