News

Carlsbad BLM office the busiest in the nation

Carlsbad BLM office the busiest in the nation - New Mexico Oil & Gas Association

Adrian C. Hedden | Carlsbad Current-Argus | October 24, 2018 

Small oil and gas operators are beginning to make their mark in southeast New Mexico, as applications to permit drilling at the Bureau of Land Management's Carlsbad Field Office saw a 10-year high in fiscal year 2018. 

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Empty shelves: Oil and gas boom challenges local Carlsbad businesses, housing market

Empty shelves: Oil and gas boom challenges local Carlsbad businesses, housing market - New Mexico Oil & Gas Association

Adrian C Hedden | Carlsbad Current-Argus | October 23rd, 2018

CARLSBAD —The oil boom in southeast New Mexico generated millions in surplus funds for the State of New Mexico.

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On the path to long-term economic prosperity

On the path to long-term economic prosperity - New Mexico Oil & Gas Association

The New Mexico economy is on a roll. We have the top-performing economy in the country, and our unemployment rate is the lowest it has been in a decade. We’re also looking at the largest budget surplus in state history.

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October oil and gas lease sale generates more than $12 million for New Mexico

October oil and gas lease sale generates more than $12 million for New Mexico - New Mexico Oil & Gas Association

Adrian Hedden | Carlsbad Current Argus | October 18th, 2018

About $12.7 million in state revenue was generated by the New Mexico’s State Land Office’s most recent lease sale, which included tracts in Lea and Eddy counties.

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New Mexico could reach $2 billion budget surplus

New Mexico could reach $2 billion budget surplus - New Mexico Oil & Gas Association

Kassi Nelson | KOB4 | October 15th, 2018

ALBUQUERQUE, N.M.— New Mexico may be on track for a $2 billion budget surplus thanks to the oil and gas industry.

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Claire Chase of Mack Energy Corporation Elected NMOGA Chairman of the Board

Claire Chase of Mack Energy Corporation  Elected NMOGA Chairman of the Board - New Mexico Oil & Gas Association

October 22, 2018 

SANTA FE, NEW MEXICO – Today, the New Mexico Oil and Gas Association (NMOGA) announced the election of Claire Chase, of Mack Energy Corporation, as the organization’s new Chairman of the Board of Directors. Chase, a native of New Mexico, is the first woman, and youngest, to hold the Chairmanship in the 90-year history of NMOGA.

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