News

5 Back to School Essentials Made from Oil and Natural Gas

Oil and natural gas production contributed $1.37 billion to New Mexico schools in 2020. That amounted to more than $60,000 per teacher, or $3,700 per student. As students and parents are preparing for the start of a new school year, here are 5 things that you might not know come from oil and natural gas:

 

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Drill, OPEC, Drill?

Frank J. Macchiarola, Morning Consult | August 18th, 2021NMOGA_permian_water_recycling.pngFor more than 50 years, presidential enthusiasm for U.S. petroleum products has spanned ideologies and personalities. Presidents from Jimmy Carter and Ronald Reagan to Barack Obama and Donald Trump hailed the benefits of American energy leadership. Democrats and Republicans alike saw abundant U.S. oil and natural gas as a path to economic prosperity, national security and environmental progress.

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San Juan College Receives Scholarship Gift from ConocoPhillips Supporting Native American Students

San Juan College | August 16th, 2021NMOGA_permian_water_recycling.pngFarmington, NM -- Thanks to the generosity of ConocoPhillips, San Juan College’s School of Energy now has $60,000 in scholarships available for Native American students in New Mexico.

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Thoughtful consideration needed on federal leasing ban

Mary Kay Papen, Las Cruces Sun News | August 15th, 2021NMOGA_permian_water_recycling.pngFor decades, New Mexicans have been the beneficiaries of a robust oil and gas industry, which remains the driving force of our state’s economy and budget. In 2020 alone, oil and natural gas development in New Mexico totaled $2.8 billion in state revenue, with production on federal lands accounting for $1.5 billion in revenue and 18% of total state spending.

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Oxy Looks to Ramp Permian Carbon Capture by Early 2024, Consider More JVs in Lower 48

Carolyn Davis, Natural Gas Intelligence | August 6th, 2021NMOGA_permian_water_recycling.pngThe world’s largest direct air capture (DAC) facility, designed to zap up to 1 million metric tons/year of carbon dioxide (CO2) emissions from the Permian Basin, is tracking to start up by early 2024, Occidental Petroleum Corp. CEO Vicki Hollub said Wednesday.

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Chevron, Oxy Share Details on Better Mouse Traps for Permian Completions

Trent Jacobs, Journal of Petroleum Technology | August 5th, 2021NMOGA_permian_water_recycling.pngIncremental gains are not always celebrated, but as two of the biggest oil producers in the US show, they nonetheless can net unrealized savings and new efficiencies.

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