News

Revised BLM Rule Helps New Mexico’s Economy, Preserves Funding for Schools

NMOGA_Logo.pngSANTA FE, NEW MEXICO – Today, the United States Bureau of Land Management published a revision to the Waste Prevention Rule that will eliminate duplication and cut red tape for New Mexico’s oil and natural gas producers. The controversial rule was initially put in place during the waning moments of the Obama administration, while methane emissions around the country and New Mexico collapsed even as oil and natural gas production increased.

Read more

U.S. Becomes Top Oil Producer Globally

shutterstock_544615531.jpgIrina Slav | Oilprice.com | Sep 13, 2018

The United States this year became the largest crude oil producer, surpassing Russia and Saudi Arabia, according to preliminary estimates from the Energy Information Administration.

Read more

The Rest Of The Story On New Mexico's Record Permian Basin Lease Auction

David Blackmon | Forbes | September 10th, 2018

By now you may have already read about the fact that an oil and gas leasing auction conducted by the Bureau of Land Management (BLM) in Southeast New Mexico late last week grossed almost a billion dollars, coming in at $967 million. As the Albuquerque Journal noted, that sum more than tripled the total dollars bid on all federal onshore lease auctions held during entirety of 2017, and more than doubled the previous record year of 2008.

Read more

2018 Annual Meeting

 

NMOGA_Logo_(1).png

90th Annual Meeting 

October 7, 8, and 9, 2018 

Santa Fe, New Mexico

Register for the 2018 Annual Meeting

Oil and gas lease sale breaks records at almost $1B

Lisa Dunlap | Roswell Daily Record | September 7, 2018 

The sale of oil and gas leases by the U.S. Bureau of Land Management for parcels in southeast New Mexico has brought in close to $1 billion in revenues, breaking records and earning more than all 2017 lease sales combined.

Read more

Southwestern States May Be Helping To Drive The Continuing National Economic Boom

Tim Henderson | Stateline | September 11, 2018

An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom.

Read more