Viewpoint: Why I'm betting on NM's oil sector

shutterstock_1082615222.jpgDan K. Eberhart | Albuquerque Business First | May 29, 2018

When the stampede for acreage in the Delaware Basin began in 2016, many across southern New Mexico had already given up on the state’s oil patch and left for jobs elsewhere. Despite a steady recovery, the previous two years of free-falling prices clearly took a toll on the local economy.

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NM Senators Honored for Conservation Efforts

Rick Nathanson | Albuquerque Journal | May 29, 2018

ALBUQUERQUE, N.M. — Sens. Tom Udall and Martin Heinrich of New Mexico recalled a daylong horseback ride into the Sabinoso Wilderness last year with U.S. Interior Secretary Ryan Zinke that ultimately got Zinke to retreat from his marching orders to shrink national wilderness and monument acreage.

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ExxonMobil and Employees Contribute More Than $170,000 to New Mexico Colleges and Universities

ExxonMobil Corporation | May 21, 2018

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and its employees contributed more than $170,000 to institutions of 6 higher education across New Mexico as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program.

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Report: US Oil and Gas Companies Have Invested $108B in GHG Reduction Technology Since 2000

shutterstock_424305754.jpgJack Anderson | Energy in Depth | May 16, 2018

The US oil and gas sector is a major contributor of investment into greenhouse gas mitigation technologies, according to a new study commissioned by the American Petroleum Institute (API). Between 2000 and 2016, oil and gas companies alone invested a cumulative $108.2 billion in technologies aimed at reducing greenhouse gas emissions from a variety of sources. Notably, that total doesn’t include an additional $193.3 billion invested in emissions-lowering shale gas, which the Energy Information Administration and other reputable third-party sources have largely credited for the 13 percent drop in U.S. energy-related carbon dioxide emissions since 2005.

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Permian Basin Is Growing Into The Largest Oil Patch In The World

NMOGA_400x400_Permain-Basin.pngJessica Summers | Bloomberg | April 24, 2018

The Permian shale play is all about setting records. Now, the region may even become the world’s largest oil patch over the next decade.

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New Mexico Oil Patch Gets Major Processing Investment

Kevin Robinson-Avila | Albuquerque Journal | May 7, 2018

ALBUQUERQUE, N.M. — Sendero Midstream Partners LP will invest $750 million in four new natural gas gathering and processing plants in southeast New Mexico over the next five years.

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