News

BLM issues final venting, flaring rule

BLM issues final venting, flaring rule - New Mexico Oil & Gas Association

Mella McEwen | Midland Reporter-Telegram | October 1, 2018

A new rule from the Department of the Interior’s Bureau of Land Management covering venting and flaring on BLM lands has taken its final form.

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Bloomberg ranks New Mexico No. 1 for economic gains

Bloomberg ranks NM No. 1 for economic gains - New Mexico Oil & Gas Association

Marie C. Baca | Albuquerque Journal | October 3, 2018

ALBUQUERQUE, N.M. — Bloomberg News recently named New Mexico the “top performing state economy since Trump took office.”

 

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Opinion: Good riddance to Obama's gas flaring rule

Opinion: Good riddance to Obama's gas flaring rule - New Mexico Oil & Gas Association

Barry Russell | Washington Examiner | October 1, 2018

The release of the Bureau of Land Management’s waste prevention rule, also known as the BLM venting and flaring rule, is welcome news for the future of energy development and environmental protection. Oil-producing states’ economies are also set to benefit.

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

Revised BLM Rule Helps New Mexico’s Economy, Preserves Funding for Schools - New Mexico Oil & Gas Association

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.

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U.S. Becomes Top Oil Producer Globally

U.S. Becomes Top Oil Producer Globally - New Mexico Oil & Gas Association

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.

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

The Rest Of The Story On New Mexico's Record Permian Basin Lease Auction - New Mexico Oil & Gas Association

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.

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