News

NM oil production still soaring

Kevin Robinson-Avila, Albuquerque Journal | February 10th, 2020

New Mexico’s oil patch is showing unprecedented resilience, despite declining prices for crude, a chronic market glut, and sluggish output in other U.S. states and basins.

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Bill calls for $320 million 'trust fund' for early childhood education

Kai Porter, KOB4 Eyewitness News | January 22, 2020

Early childhood education in New Mexico could get a big boost during the 2020 legislative session.

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Letters to the Editor: We oppose the proposed state fracking ban bill

Dale Janway, Carlsbad Current-Argus | January 24, 2020

Reject the proposed state fracking ban bill

While we are fairly confident that the proposed state fracking ban bill, introduced for the second straight year by Sen. Antoinette Sedillo Lopez, won’t see the light of day during this year’s short legislative session, we are concerned about the potential collateral damage caused by such a grossly misinformed proposal.

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Study: Eddy County leads New Mexico oil and gas industry, Permian to last for decades

Adrian Hedden, Carlsbad Current-Argus | January 29, 2020

Many effects of Eddy County’s oil boom where immediately clear in recent years.

Traffic snarled on once sleepy farm roads, hotel rates and home prices skyrocketed.

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New Mexico Flirts With 1 Million BPD Oil Threshold

Hellenic Shipping News | January 27, 2020

Rystad Energy expects oil production from New Mexico may have surpassed the 1 million barrels per day threshold in November, or possibly in December 2019*.

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Bucking the trend: New Mexico's oil and gas rig count stable amid national declines

Adrian Hedden, Carlsbad Current-Argus | January 14, 2020

New Mexico only lost one oil and gas rig in 2019, despite significant losses in the Permian Basin and neighboring Texas.

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