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HomeNew Mexico

New Mexico

U.S. growth
Crude Oil News

Rise in relatively denser crude oil production drives U.S. growth

January 24, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]

U.S.
Crude Oil News

U.S. oil and gas jobs on the rise, industry shows resilience and growth

December 12, 2023 Mariel Alumit

(WO) — The Energy Workforce & Technology Council’s monthly jobs report reveals a surge of 1,286 jobs in the U.S. oilfield services sector for November. This growth, based on preliminary data from the Bureau of […]

Mexico
Zero Edge

New Mexico Sheriff Defies Governor’s Emergency Gun Ban Order

September 12, 2023 Mariel Alumit

Authored by Jack Phillips via The Epoch Times (emphasis ours), The sheriff in New Mexico’s largest metro area announced Monday his office will not enforce an emergency order by the governor to temporarily suspend the […]

Oil
Crude Oil News

Oil And Gas Success In Texas And New Mexico – What Does It Mean For Renewable Energies?

August 30, 2023 Mariel Alumit

Super-strong oil and gas economies. The Permian basin of West Texas and Southern New Mexico is the premier oil and gas basin of the U.S., and one of the most prolific basins in the world. It […]

Oil
Crude Oil News

Oil production boosts government income in New Mexico, as legislators build savings ‘bridge’

August 24, 2023 Mariel Alumit

SANTA FE, N.M. (AP) — Record-breaking oil production in New Mexico is likely to provide state government with a new multibillion-dollar surplus during the upcoming budget year, economists for the state announced Wednesday. Annual state […]

New Mexico
Energy Transition

New Mexico energy transition proposal would violate ban on ‘fossil fuel development’

July 17, 2023 Mariel Alumit

After a long pause, New Mexico’s program to distribute grants under a landmark energy transition law is back on track, according to its lead convener. And an updated proposal from a New Mexico community college still […]

Price
EIA News

Two counties in New Mexico account for 29% of Permian Basin crude oil production

July 6, 2023 Mariel Alumit

July 6, 2023 Data source: U.S. Energy Information Administration and Enverus In southeastern New Mexico, horizontal wells in Lea and Eddy counties drove much of the recent growth in Permian Basin crude oil output. Output […]

Dallas
Crude Oil News

Dallas Fed survey shows activity flat, cost pains starting to ease

June 23, 2023 Mariel Alumit

Nearly half of about 100 exploration and production (E&P) companies surveyed by the Federal Reserve Bank of Dallas say they expect their drilling and completion costs at yearend to be below those of late 2022. […]

Oil
Crude Oil News

US oil and gas auction yields nearly $80 million for federal coffers

May 26, 2023 Mariel Alumit

(Reuters) – The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, attracting more than $78 million in […]

Oil
Crude Oil News

Oil industry buying more public land in New Mexico. Feds hope to prioritize conservation

May 22, 2023 Mariel Alumit

More land was set for sale to the oil and gas industry in southeast New Mexico as land managers looked to retool federal rules to prioritize conservation throughout the U.S. The Bureau of Land Management […]

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