News

The New Face Of Big Oil: How Vicki Hollub Made Oxy The Top Player In The Permian

 

vicki_hollub-01.pngAs the first woman to run a big American oil company, Vicki Hollub has quickly made Occidental Petroleum leaner, smarter, gentler--and poised to gusher cash for the next half-century.

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Zinke orders BLM to hold quarterly lease sales, clear APD backlog

zinke-01.pngU.S. Secretary of the Interior Ryan Zinke Thursday ordered the department to explore ways to streamline the oil and gas permitting process and hold quarterly lease sales.

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NMOGA Executive Director Ryan Flynn Testifies before U.S. House Panel on Access to Oil & Gas Development on Federal Lands

ryan4x4-01.pngSANTA FE, NM – Today, Ryan Flynn, Executive Director of the New Mexico Oil & Gas Association, testified before a Congressional Committee on the impact bureaucratic federal regulations have on oil and natural gas development in New Mexico.

 

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Mewbourne Oil Company Opens New Permian Basin Headquarters

mewbourne4x4-01.pngHobbs, NM - Today, Mewbourne Oil Company announced the opening of a new regional headquarters for operations in Southeast New Mexico’s booming Permian Basin. The Tyler, Texas-based company’s new facility underscores their long-term commitment to Hobbs, New Mexico and the Permian Basin with an eye toward growth and expansion for decades to come.

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New Mexico Will Get Budget Boost From Oil Leases

Associated Press / May 12, 2017 – 3:01 PM

martinez_4x4-01.pngSANTA FE, N.M. — The Latest on New Mexico’s state budget crisis (all times local):

New Mexico state finances are likely to get a $70 million boost this month after the U.S. Bureau of Land Management rejected environmental protests over oil and gas lease sales.

 

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AP: New Mexico assets capture attention of oil and gas giants

Associated Press / Susan Montoya Brown / Apr 18, 2017 – 4:34 PM

1111-01.pngALBUQUERQUE – As New Mexico’s elected leaders wrangle over raising taxes to plug a budget shortfall, major multinational energy companies have quietly spent more than $13 billion in recent months on assets in the state’s oil and gas hot spots.

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