News

NMDOT gets $12.5M from feds to improve U.S. 285 near Loving

Mike Smith, Carlsbad Current-Argus | Nov. 7, 2019

More than $12 million in federal funds could help the New Mexico Department of Transportation (NMDOT) with improvements and safety enhancements on a busy southeastern New Mexico highway.

Read more

Construction jobs drive New Mexico employment growth

Teya Vitu, Santa Fe New Mexican | November 19, 2019

The unemployment rate in Santa Fe County in October was in the same league as in oil boom Lea and Eddy counties and the state’s richest county, Los Alamos.

Read more

Data: New Mexico's GDP growth fueled by oil and gas

Adrian Hedden, Carlsbad Current-| November 13, 2019

Oil and gas production grew New Mexico’s economic output by the fourth-highest rate in the country this year, as the extraction industry boomed in the Permian Basin in the southeast corner of the state.

Read more

10 Reasons You Should Be Thankful For Oil And Gas

 

There are countless reasons to be thankful for New Mexico’s oil and natural gas industry this holiday season, but we've done our best to narrow down the list to 10 of our favorites.

Read more

Three things to know about energy activity in NM's Permian and beyond

Ron Davis, Albuquerque Business First | Nov 14, 2019

Some industry leaders believe New Mexico may not face the same kind of rollercoaster ride with energy activity that it has in the past.

On Thursday, Albuquerque Business First hosted its Energy Outlook panel as part of ABF’s Grow New Mexico Series. Panelists included Missi Currier, president and CEO, Economic Development Corp. of Lea County; Hugo Gutierrez, Director, State Government Affairs, Marathon Oil Corp.; Debra P. Hicks, president and CEO, Pettigrew & Associates; Adrienne Sandoval, director of the state Oil Conservation Division; and Randy Velarde, president, Plaza Group.

Read more

U.S. oil production at all time high, reaches 12.8 million barrels per day in November

Adrian Hedden, Carlsbad Current-Argus |  November 18, 2019

Production of U.S. crude oil rose to an all-time high in October, peaking at 12.6 million barrels per day last month and continuing to grow to 12.8 million barrels per day as of Nov. 8.

Read more