News

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

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

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

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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NM energy key to future

Emily Haggstrom | Albuquerque Journal | October 13th, 2018

Per an Oct. 2 article, Bloomberg News named New Mexico the “top performing state economy” since President Trump took office. Jim Peach, a professor emeritus of economics at New Mexico State University, theorized the state’s “recent upswing in extractive industries like oil and gas” was a driving reason why.

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EPA says NM methane down, but some question data

Kevin Robinson-Avila | Albuquerque Journal | October 19, 2018

ALBUQUERQUE, N.M. — The U.S. Environmental Protection Agency says methane emissions from oil and gas operations in New Mexico’s Permian and San Juan basins dropped by 6 percent between 2016 and 2017, although environmentalists dispute the accuracy of EPA data collection.

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DOE Secretary Rick Perry visits Sandia National Laboratories

Rachel Sams | Albuquerque Business First | October 9, 2018

U.S. Secretary of Energy Rick Perry visited Sandia National Laboratories in Albuquerque Tuesday, highlighting the work of the lab’s scientists.

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