News

US expected to become world's top oil producer next year

US expected to become world's top oil producer next year - New Mexico Oil & Gas Association

David Koenig | Petoskeynews | July 15, 2018

The U.S. has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world's biggest oil producer for the first time in more than four decades.

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New Mexico Oil & Gas Drilling Rigs At An All-Time High As Permian Boom Continues

New Mexico Oil & Gas Drilling Rigs At An All-Time High As Permian Boom Continues - New Mexico Oil & Gas Association

New Mexico Oil and Gas Association | July 24, 2018

SANTA FE, NEW MEXICO – Active oil and gas drilling rigs in New Mexico are at an all-time high of 103 rigs, according to the latest Baker Hughes inventory of rigs in the United States and Canada. New Mexico had previously reached the 103 mark twice, in October and December 2014, beating the previous top count of 101 achieved throughout 2006. New Mexico’s rig count now ranks third among states, following only Texas and Oklahoma.

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Small Towns Are Booming, Thanks to Rising Oil Prices

Small Towns Are Booming, Thanks to Rising Oil Prices - New Mexico Oil & Gas Association

shutterstock_559271578.jpgRebecca Elliot and Harriet Torry | Wall Street Journal | June 28, 2018 

HOBBS, N.M.— Oil is booming again in the Permian Basin, and so are the fortunes of this sun-bleached town.

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NM could play key role in Interior revamp

 NM could play key role in Interior revamp - New Mexico Oil & Gas Association

Michael Coleman | Journal Washington Bureau | July 8, 2018

A plan to dramatically reorganize the U.S. Department of the Interior and shift some of its management out of Washington – possibly even to Albuquerque – is moving ahead under Secretary Ryan Zinke, but New Mexico’s senior U.S. senator wants more information before any federal money is spent.

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ACTIVISTS TARGET NEW MEXICO OFFICIALS IN BRUTAL FIGHT OVER A MUNDANE FRACKING RULE

ACTIVISTS TARGET NEW MEXICO OFFICIALS IN BRUTAL FIGHT OVER A MUNDANE FRACKING RULE - New Mexico Oil & Gas Association

Chris White | Energy Reporter | July 7, 2018

Environmentalists in a small New Mexico county are ratcheting up the rhetoric against local fracking ordinances as government officials fear the fight is taking on new and terrifying dimensions.

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Fighting poverty starts with supporting energy

Fighting poverty starts with supporting energy - New Mexico Oil & Gas Association

shutterstock_156828218.jpgEmily Haggstrom | Albuquerque Journal | July 2, 2018

New Mexico now ranks last nationally in child well-being, per an analysis from New Mexico Voices for Children.

Federal data also shows New Mexico is challenged in areas of income and job growth, child development and income disparity, leaving many without the opportunities most Americans enjoy.

That’s because families here often have tough choices to make.

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