SANTA FE, NEW MEXICO, May 6, 2021 – New Mexico Oil and Gas Association (NMOGA) Chairman Leland Gould today released the following statement in response to ozone precursor rules proposed by the New Mexico Environment Department:
“NMOGA and our members are committed to protecting the health and environment of the communities where we operate, and we support sound, science-based regulations to reduce methane emissions and ozone levels. Throughout this two-year process, we have been dedicated to working with regulatory bodies to share our industry’s scientific and environmental subject matter expertise. As we review the rule in detail, we will look for opportunities to engage the department with industry’s technical professionals to encourage greater innovation and cost- effective solutions, consistent with other regulatory requirements. New Mexico should be a leader in responsible energy development, and an appropriate regulatory framework will allow oil and natural gas to continue to deliver enormous fiscal and economic benefits to all New Mexicans while reducing emissions, safeguarding natural resources, and improving our environment.”
NMOGA is a coalition of more than 1,000 oil and natural gas companies and individuals operating in the state of New Mexico. NMOGA is the oldest and largest organization representing the oil and gas industry in New Mexico and its members include all facets of oil and gas production, transportation, and delivery. The oil and gas industry is the greatest economic contributor to the state of New Mexico, supporting more than 134,000 jobs and $16.6 billion in annual economic activity. Taxes and royalties from the industry account for 33% of the State of New Mexico’s annual budget, including almost $1.4 billion for public schools.