Oil and gas production grew New Mexico’s economic output by the fourth-highest rate in the country this year, as the extraction industry boomed in the Permian Basin in the southeast corner of the state.Read more
There are countless reasons to be thankful for New Mexico’s oil and natural gas industry this holiday season, but we've done our best to narrow down the list to 10 of our favorites.Read more
Some industry leaders believe New Mexico may not face the same kind of rollercoaster ride with energy activity that it has in the past.
On Thursday, Albuquerque Business First hosted its Energy Outlook panel as part of ABF’s Grow New Mexico Series. Panelists included Missi Currier, president and CEO, Economic Development Corp. of Lea County; Hugo Gutierrez, Director, State Government Affairs, Marathon Oil Corp.; Debra P. Hicks, president and CEO, Pettigrew & Associates; Adrienne Sandoval, director of the state Oil Conservation Division; and Randy Velarde, president, Plaza Group.Read more
Production of U.S. crude oil rose to an all-time high in October, peaking at 12.6 million barrels per day last month and continuing to grow to 12.8 million barrels per day as of Nov. 8.Read more
The State of New Mexico today became the newest member of Western States and Tribal Nations (WSTN) natural gas initiative, adding a strong advocate for the power of responsible, environmentally sound energy production to boost rural economies.Read more