Study: Eddy County leads New Mexico oil and gas industry, Permian to last for decades
Adrian Hedden, Carlsbad Current-Argus | January 29, 2020
Many effects of Eddy County’s oil boom where immediately clear in recent years.
Traffic snarled on once sleepy farm roads, hotel rates and home prices skyrocketed.
Read moreNew Mexico Flirts With 1 Million BPD Oil Threshold
Hellenic Shipping News | January 27, 2020
Rystad Energy expects oil production from New Mexico may have surpassed the 1 million barrels per day threshold in November, or possibly in December 2019*.
Bucking the trend: New Mexico's oil and gas rig count stable amid national declines
Adrian Hedden, Carlsbad Current-Argus | January 14, 2020
New Mexico only lost one oil and gas rig in 2019, despite significant losses in the Permian Basin and neighboring Texas.
U.S. oil production hits estimated record 13 million barrels per day
Jordan Blum, Houston Chronicle | January 15, 2020
U.S. crude oil production rose to an estimated record-high of 13 million barrels per day last week as the nation's energy growth crossed a new threshold, according to a weekly report from the U.S. Energy Department.
Permian Basin jobs grow as oil and gas production booms in southeast New Mexico
Adrian Hedden, Carlsbad Current-Argus | January 10, 2020
Oil and gas operations in the Permian Basin saw dramatic increases in both production and employment last year, driving the U.S. to become a leader in energy development worldwide.
Distributions from permanent funds approach $1.1B
Dan Boyd, Albuquerque Journal | January 23rd, 2020
New Mexico’s two largest permanent funds will pump an all-time high of nearly $1.1 billion into state schools, hospitals and other programs in the coming budget year.