News

New Mexico oil and gas companies sign on to reduce emissions

rig_4x4-01.pngSusan Montoya Brown / The Seattle Times / Dec. 13, 2017

ALBUQUERQUE, N.M. (AP) — Some of the biggest names in energy production in New Mexico have signed on to a national effort within the oil and gas industry to curb methane emissions as pressure mounts for states to enact more pollution laws.

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The U.S. Is Exporting Oil and Gas at a Record Pace

frack4x4-01.pngLaura Blewitt / Bloomberg Markets / Dec. 12, 2017

The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down.

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Tax Bill Supports Oil And Gas Industry

taxes_NMOGATsvetana Paraskova / Oilprice.com / Dec. 04, 2017

The U.S. Senate passing the tax reform bill is pro-growth legislation that would help the domestic oil and gas industry, Jack Gerard, President and CEO of the American Petroleum Institute (API), said after the Senators passed the sweeping tax reform on Saturday.

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NM energy revenue increase is the largest in the nation for FY 2017

NMOGA_imageRachel Sapin / Albuquerque Business First / Dec. 1, 2017

New Mexico made $455 million from energy and minerals production on Federal and American Indian lands during Fiscal Year 2017, an increase of $86.5 million from the previous year.

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Oil and gas industry celebrates Trump rollback of BLM venting and flaring rule

NMOGA_flareAdrian C. Hedden / Carlsbad Current-Argus / Dec. 8, 2017

A controversial Obama-era regulation aimed at reducing methane waste was suspended by the Bureau of Land Management after months of debate between oil and gas industry leaders and environmental groups.

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Measuring a year of oil production in New Mexico

Fracking Well Rachel Spain / Albuquerque Business First / Nov. 30, 2017

New Mexico's monthly average rig count has more than doubled since November of last year, from 31 to 68.

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