U.S. Expected to Produce Half of Global Oil and Gas Output by 2025
Christopher Alessi | The Wall Street Journal | November 12, 2018
Relentless American shale development is set to allow the U.S. to leapfrog the world’s other major oil and gas producers, with the potential for the country to account for roughly half of global crude and natural growth by 2025, the International Energy Agency said Tuesday.
An Extraordinary Partnership For Extraordinary Times
Permian Strategic Partnership | Carlsbad Current-Argus | November 18, 2018
As leaders of major energy companies operating in the Permian Basin, we often engage in spirited competition with each other for quality workers, leases and equipment, and to make our individual companies the best operators and service providers in the industry.
Flynn: Why The Hysteria Over Hilcorp's Application?
Ryan Flynn | Farmington Daily Times | November 16, 2018
For months, a routine pool rule application has garnered an unusual amount of attention.
Groups like the Sierra Club, San Juan Citizens Alliance, and other elected officials have weighed in to make false claim after false claim against one producer’s efforts to revitalize natural gas development in the San Juan Basin.
Read moreReport: Shale Saved New Mexicans More Than $3.4 Billion Over 10 Years
Lindsay Mackinson | Energy In Depth | November 7th, 2018
The Consumer Energy Alliance (CEA) released a new report last week detailing the incredible savings New Mexico consumers have enjoyed thanks to the shale revolution. The report shows that increased natural gas production, made possible by fracking, saved New Mexico families and businesses more than $3.4 billion between 2006 and 2016. According to the report, residential users saved nearly $1.6 billion while commercial and industrial users saved more than $1.86 billion.
Carlsbad BLM office the busiest in the nation
Adrian C. Hedden | Carlsbad Current-Argus | October 24, 2018
Small oil and gas operators are beginning to make their mark in southeast New Mexico, as applications to permit drilling at the Bureau of Land Management's Carlsbad Field Office saw a 10-year high in fiscal year 2018.
Empty shelves: Oil and gas boom challenges local Carlsbad businesses, housing market
Adrian C Hedden | Carlsbad Current-Argus | October 23rd, 2018
CARLSBAD —The oil boom in southeast New Mexico generated millions in surplus funds for the State of New Mexico.
On the path to long-term economic prosperity
The New Mexico economy is on a roll. We have the top-performing economy in the country, and our unemployment rate is the lowest it has been in a decade. We’re also looking at the largest budget surplus in state history.
October oil and gas lease sale generates more than $12 million for New Mexico
Adrian Hedden | Carlsbad Current Argus | October 18th, 2018
About $12.7 million in state revenue was generated by the New Mexico’s State Land Office’s most recent lease sale, which included tracts in Lea and Eddy counties.
New Mexico could reach $2 billion budget surplus
Kassi Nelson | KOB4 | October 15th, 2018
ALBUQUERQUE, N.M.— New Mexico may be on track for a $2 billion budget surplus thanks to the oil and gas industry.
Claire Chase of Mack Energy Corporation Elected NMOGA Chairman of the Board
October 22, 2018
SANTA FE, NEW MEXICO – Today, the New Mexico Oil and Gas Association (NMOGA) announced the election of Claire Chase, of Mack Energy Corporation, as the organization’s new Chairman of the Board of Directors. Chase, a native of New Mexico, is the first woman, and youngest, to hold the Chairmanship in the 90-year history of NMOGA.