News

State Land Office nets $15M from November lease sale

rigAdrian C. Hedden | Carlsbad Current-Argus | November 22, 2017

To benefit public schools across New Mexico, the State Land Office made $15.3 million from November’s oil and gas lease sale, bringing the year’s total from the sales to $72.5 million.

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Greens Struggle to Counter Evidence that New Mexico is Reducing Methane Emissions

Rebecca Simons | Energy in Depth | November 13, 2017

 The Environmental Defense Fund (EDF) last Thursday released a report that claims methane emissions from New Mexico oil and natural gas development “are drastically higher than official state reports.”

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Oil companies are hiring more in New Mexico's Four Corners region

oilfieldRachel Sapin | Albuquerque Business First | November 7, 2017

Multinational oilfield services company Halliburton Co. announced late last year it aimed to hire 200 workers for product service lines and support functions in the booming Permian Basin in southeastern New Mexico. Now officials with the Houston-based oil giant say they are also hiring workers in the state's Four Corners region.

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New Mexico Regulators Report Drop in Methane Emissions

rig1-01.pngSUSAN MONTOYA BRYAN / Associated Press / Nov. 3, 2017

ALBUQUERQUE, N.M. (AP) — State regulators say methane emissions from oil and natural gas production in New Mexico have dropped by more than 50 percent over the past year thanks to advances in technology and changes in the way wells are drilled.

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Oil & Gas Methane Emissions Down 47% in Four Corners Region

4x4cornersSeth Whitehead / Energy In Depth / Oct. 31, 2017

Environmental groups have repeatedly attributed the Four Corners methane “hot spot” over the borders of New Mexico, Colorado, Arizona and Utah to oil and gas development, using it as the focal point of their justification for the Bureau of Land Management’s (BLM) controversial venting and flaring rules on federal lands.

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NMOGA boss touts oil and gas industry

Ryan_Flynn_NMOGAMike Smith | Roswell Daily Record | October 18th, 2017

CARLSBAD — Resiliency. That’s what the Executive Director of the New Mexico Oil and Gas Association described about the lifeblood of southeast New Mexico during a speech on Monday during the Carlsbad Mayor’s Energy Summit.

 

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