News

The Oil And Gas Situation: Abundance And Growth Meet Limitations

David Blackmon, Forbes | January 27, 2020

The past week has seen an array of stories touting the wealth and abundance being created by the U.S. oil and gas industry. At the same time, the industry is experiencing market factors that promise to limit how much more growth it will be able to create going forward.

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EIA Sees Shale Production Rise By Another 22,000 bpd Next Month

Julianne Geiger, OilPrice.com | January 21, 2020

Oil production in the seven most prolific shale plays in the United States is set to increase by 22,000 bpd in February to 9.2 million bpd, the Energy Information Administration said in the latest edition of its monthly Drilling Productivity Report.

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NM oil production still soaring

Kevin Robinson-Avila, Albuquerque Journal | February 10th, 2020

New Mexico’s oil patch is showing unprecedented resilience, despite declining prices for crude, a chronic market glut, and sluggish output in other U.S. states and basins.

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Bill calls for $320 million 'trust fund' for early childhood education

Kai Porter, KOB4 Eyewitness News | January 22, 2020

Early childhood education in New Mexico could get a big boost during the 2020 legislative session.

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Letters to the Editor: We oppose the proposed state fracking ban bill

Dale Janway, Carlsbad Current-Argus | January 24, 2020

Reject the proposed state fracking ban bill

While we are fairly confident that the proposed state fracking ban bill, introduced for the second straight year by Sen. Antoinette Sedillo Lopez, won’t see the light of day during this year’s short legislative session, we are concerned about the potential collateral damage caused by such a grossly misinformed proposal.

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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.

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