News

Rise in San Juan Basin Drilling Sparks Optimism

Farmington Daily Times / Leigh Black Irvin / lirvin@daily-times.com / 6:51 p.m. MT March 3, 2017 /

4444-01.pngFARMINGTON — A recent increase in drilling rigs in the San Juan Basin has some wondering if the downturn in oil and gas production might be starting to turn around.

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Rule would lead to shutdown of wells, which would reduce revenue

By Ben Shepperd / President, Permian Basin Petroleum Association, Wednesday, March 1st, 2017 at 12:02am, Guest Column Albuquerque Journal

5555-01.pngAs Congress moves forward to reduce regulatory burdens on families and small businesses, an onerous Bureau of Land Management methane venting and flaring rule has recently come into the spotlight. 

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Guest Column by Ryan Flynn in Albuquerque Journal – Oil and Natural Gas Central to New Mexico Economy

7777-01.pngThe New Mexico economy depends on a strong oil and natural gas industry.

The billions of dollars in annual tax and royalty revenue from oil and natural gas is the single largest source of state funding for our public schools, our colleges and universities, and our health care.

 

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Pearce Rejoins Natural Resources Committee

8888-01.pngCongressman Pearce has been appointed to serve on the House Natural Resources Committee for the 115th Congress.  It is great to have someone with his dedication and breadth of knowledge and experience working on the issues addressed by this committee that are so important to New Mexico and the United States.    

 

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Dr. Jim Peach selected for Chevron Endowed Professorship at New Mexico State University

Date: 01/05/2017 / Writer: Charlotte Tallman, 575-646-5572, tallman@nmsu.edu.

9999-01.pngNew Mexico State University Regents Professor Jim Peach was selected to fill the Chevron Endowed Professorship in the College of Business.

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Raye Miller Comments in KOB TV Story on Oil Production in Lea and Eddy County

2020-01.pngARTESIA – Many New Mexicans have felt the impact of low oil prices. However, surprising numbers from the New Mexico Oil Conversation Division say two New Mexico counties are beating West Texas in oil production.

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