Measuring a year of oil production in New Mexico
Rachel Spain | Albuquerque Business First | November 30, 2017
New Mexico's monthly average rig count has more than doubled since November of last year, from 31 to 68.
Read moreUS to Dominate Oil Markets After Biggest Boom in World History
Bloomberg | November 14, 2017
The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the biggest supply surge in history, the International Energy Agency predicted.
Read moreTop New Mexico Oil and Natural Gas Producers Partner to Slash Methane Emissions
SANTA FE, NM – Today, 26 of America’s leading oil and natural gas producers launched The Environmental Partnership, an industry-based coalition collaborating to reduce methane emissions and to improve environmental impacts resulting from the production of oil and natural gas. Top New Mexico producers: Anadarko Petroleum, Apache Corporation, BP America, Chevron, Cimarex Energy, ConocoPhillips, Devon Energy, Encana, EOG Resources, XTO Energy, Marathon Oil, Noble Energy, and Occidental Petroleum, are among the 26 producers initially joining the partnership.
Read moreNM sees big jump in federal oil and gas revenues
Michael Coleman | Journal Washington Bureau | November 30, 2017
New Mexico reaped $455 million from energy and mineral production on federal and Indian lands in fiscal year 2017, up $86.5 million from the previous year’s total, according to the U.S. Department of Interior.
Read moreGreens Struggle to Counter Evidence that New Mexico is Reducing Methane Emissions
Rebecca Simons | Energy in Depth | November 13, 2017
The Environmental Defense Fund (EDF) last Thursday released a report that claims methane emissions from New Mexico oil and natural gas development “are drastically higher than official state reports.”
Read moreOil companies are hiring more in New Mexico's Four Corners region
Rachel Sapin | Albuquerque Business First | November 7, 2017
Multinational oilfield services company Halliburton Co. announced late last year it aimed to hire 200 workers for product service lines and support functions in the booming Permian Basin in southeastern New Mexico. Now officials with the Houston-based oil giant say they are also hiring workers in the state's Four Corners region.
Read moreNew Mexico Regulators Report Drop in Methane Emissions
SUSAN MONTOYA BRYAN / Associated Press / Nov. 3, 2017
ALBUQUERQUE, N.M. (AP) — State regulators say methane emissions from oil and natural gas production in New Mexico have dropped by more than 50 percent over the past year thanks to advances in technology and changes in the way wells are drilled.
Read moreOil & Gas Methane Emissions Down 47% in Four Corners Region
Seth Whitehead / Energy In Depth / Oct. 31, 2017
Environmental groups have repeatedly attributed the Four Corners methane “hot spot” over the borders of New Mexico, Colorado, Arizona and Utah to oil and gas development, using it as the focal point of their justification for the Bureau of Land Management’s (BLM) controversial venting and flaring rules on federal lands.
Read moreNMOGA boss touts oil and gas industry
Mike Smith | Roswell Daily Record | October 18th, 2017
CARLSBAD — Resiliency. That’s what the Executive Director of the New Mexico Oil and Gas Association described about the lifeblood of southeast New Mexico during a speech on Monday during the Carlsbad Mayor’s Energy Summit.
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