News

Legislature 2018: More money, brighter outlook

Legislature 2018: More money, brighter outlook - New Mexico Oil & Gas Association

capitolDan Boyd | Albuquerque Journal | January 13, 2018

The New Mexico Roundhouse has been a grim citadel for much of the past two years, as lawmakers have grappled with persistent revenue shortfalls and dug battle lines over hot-button issues.

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Producers, not politicians, drive emission reductions

Producers, not politicians, drive emission reductions | New Mexico Oil & Gas Association

Ryan_Flynn_NMOGARyan Flynn | New Mexico Oil & Gas Association | January 12, 2018

As we begin a new year – an election year – already, some New Mexico politicians are distorting the facts and using misinformation against oil and gas producers to score political points. Rather than producing any real change, some of these political proposals look less like sound policy and more like slick salesmanship pushing ocean-front property in Tucumcari.

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REPORT: METHANE EMISSIONS CONTINUE TO DECLINE IN TOP OIL AND GAS BASINS

REPORT: METHANE EMISSIONS CONTINUE TO DECLINE IN TOP OIL AND GAS BASINS - New Mexico Oil & Gas Association

Desert_Landscape_-_New_Mexico_(5989098056).jpgSeth Whitehead | Energy in Depth | December 20, 2017

A new Energy in Depth report shows that methane emissions from oil and natural gas development continue to decline in many of the top basins across the United States even as oil and gas production continues to increase.

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State anticipates boom in Oil Patch

State anticipates boom in Oil Patch - New Mexico Oil & Gas Association

shutterstock_559271578.jpgDan Boyd | Albuquerque Journal | December 22, 2017

SANTA FE – Southeastern New Mexico could be in line for an extended oil drilling bonanza that could pump millions – if not billions – of dollars into the state’s coffers in the coming years, House Speaker Brian Egolf said this week.

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New Mexico Jumps Up to 3rd-Largest Oil Producer in America, Sets Record High for Monthly Oil Production

New Mexico Jumps Up to 3rd-Largest Oil Producer in America, Sets Record High for Monthly Oil Production - New Mexico Oil & Gas Association

NMOGASANTA FE, NM – Newly released data from the United States Energy Information Administration shows that oil production in New Mexico is booming, propelling the state up to the 3rd-largest oil producer in the United States in September and October, passing Oklahoma and California and trailing only Texas and North Dakota. EIA data also shows New Mexico hitting a record-high in monthly oil production, producing 16,367,000 barrels of oil with New Mexico on pace to set an annual oil production record in 2017.

 

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New Mexico oil and gas companies sign on to reduce emissions

New Mexico oil and gas companies sign on to reduce emissions - New Mexico Oil & Gas Association

rig_4x4-01.pngSusan Montoya Brown | The Seattle Times | December 13, 2017

ALBUQUERQUE, N.M. (AP) — Some of the biggest names in energy production in New Mexico have signed on to a national effort within the oil and gas industry to curb methane emissions as pressure mounts for states to enact more pollution laws.

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