News

The U.S. Is Exporting Oil and Gas at a Record Pace

The U.S. Is Exporting Oil and Gas at a Record Pace - New Mexico Oil & Gas Association

frack4x4-01.pngLaura Blewitt | Bloomberg Markets | December 12, 2017

The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down.

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Tax Bill Supports Oil And Gas Industry

Tax Bill Supports Oil And Gas Industry - New Mexico Oil & Gas Association

taxes_NMOGATsvetana Paraskova / Oilprice.com / Dec. 04, 2017

The U.S. Senate passing the tax reform bill is pro-growth legislation that would help the domestic oil and gas industry, Jack Gerard, President and CEO of the American Petroleum Institute (API), said after the Senators passed the sweeping tax reform on Saturday.

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NM energy revenue increase is the largest in the nation for FY 2017

NM energy revenue increase is the largest in the nation for FY 2017 - New Mexico Oil & Gas Association
NMOGA_imageRachel Sapin / Albuquerque Business First / Dec. 1, 2017

New Mexico made $455 million from energy and minerals production on Federal and American Indian lands during Fiscal Year 2017, an increase of $86.5 million from the previous year.

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Oil and gas industry celebrates Trump rollback of BLM venting and flaring rule

Oil and gas industry celebrates Trump rollback of BLM venting and flaring rule - New Mexico Oil & Gas Association

NMOGA_flareAdrian C. Hedden / Carlsbad Current-Argus / Dec. 8, 2017

A controversial Obama-era regulation aimed at reducing methane waste was suspended by the Bureau of Land Management after months of debate between oil and gas industry leaders and environmental groups.

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Oil, gas rebound boosts New Mexico

Oil, gas rebound boosts New Mexico - New Mexico Oil & Gas Association

NM_FlagDan McKay | Albuquerque Journal | November 21, 2017 

SANTA FE – For the first time in a long time, New Mexico lawmakers are getting some good financial news.

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US to Dominate Oil Markets After Biggest Boom in World History

US to Dominate Oil Markets After Biggest Boom in World History - New Mexico Oil & Gas Association

Fracking Well Bloomberg | November 14, 2017

The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the biggest supply surge in history, the International Energy Agency predicted.

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