News

BLM cancels oil and gas leases for second quarter of 2021

Adrian Hedden, Carlsbad Current-Argus | April 27, 2021

Without sales of New Mexico federal land to the oil and gas industry, the state could lose out on millions of dollars in revenue every year.

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US exports more energy than it imports for second consecutive year

Marcy de Luna, Houston Chronicle | April 23, 2021

The United States exported more energy in 2020 than it imported for the second consecutive year.

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NMOGA's Comments to U.S. Department of the Interior on Oil and Gas Program

The New Mexico Oil & Gas Association (NMOGA) respectfully submits the following comments on behalf of its members in response to the Department of the Interior’s request for feedback on its review of the federal oil and gas program.

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Permian Oil Output Reflects Economic Recovery

Sheela Tobben, Bloomberg | April 13, 2021

The Permian Basin, the U.S.’s most prolific shale patch, will produce crude oil at levels not seen since the start of the pandemic in the latest sign the global economy is heating back up.

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New Top 2021 Export? Natural Gas

Ken Roberts, Forbes | April 13, 2021

The United States has a new most-valuable export: Natural gas.

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Flaring reductions, rising GORs support 2021 rebound in US gas production

J Robinson, Taylor Cavey, S&P Global | April 12, 2021

A rebound in US natural gas production back to pre-pandemic levels could come sooner than previously anticipated thanks to recent, unexpected volume growth from the associated gas basins.

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