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HomeNew Mexico

New Mexico

Tanks - EnergyNewsBeat
Political

BLM cancels oil and gas leases for second quarter of 2021. New Mexico could lose millions

April 28, 2021 Stu Turley

Without sales of New Mexico federal land to the oil and gas industry, the state could lose out on millions of dollars in revenue every year. The Bureau of Land Management, a sub-agency of the […]

New Mexico Oil Rigs - Energy News Beat
Industry Insights

New Mexico debates impacts to oil and gas as Biden rolls out $2 trillion spending package

April 11, 2021 Stu Turley

President Joe Biden’s attempts to mitigate climate change continued to see mixed reviews from New Mexico leaders as the President sought to reduce pollution by slowing fossil fuel production – a major driver of the […]

Fossil

Why Conversations About Energy Are Not Simple

March 15, 2021 Mariel Alumit

New Mexico has always been a large oil and gas producing state, however in recent years it has also added large amount of wind and solar to the energy production portfolio.  The mix of energy […]

Crude Oil News

Devon All In on Permian Delaware, with Most Capital, Rigs Set for New Mexico, Texas

February 24, 2021 Stu Turley

The Permian Basin will be the go-to target for Devon Energy Corp. this year, with 80% of this year’s capital budget and nearly all of the rigs directed to the massive formation. The Oklahoma City-based […]

Bidens Freeze on Drilling Leases Disrupts New Mexico - Energy News Beat
Crude Oil News

Biden’s Freeze on Drilling Leases Disrupts New Mexico

January 28, 2021 Stu Turley

SANTA FE, N.M.—Lance Wilbanks was looking forward to a rebirth for his trucking company, which saw its business hauling drilling rigs across southeastern New Mexico drop from around two dozen a month to just a […]

EIA News

EIA updates geological maps of Midland Basin’s Wolfcamp formation

November 25, 2020 Stu Turley

EIA The U.S. Energy Information Administration (EIA) has released new structure and thickness maps for the Wolfcamp play in the Midland Basin, which is a part of the larger Permian Basin in western Texas and […]

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