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 […]
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. […]
(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 […]
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 […]
May 18, 2023 Reposted to correct data errors. Data source: U.S. Energy Information Administration, Crude Oil and Natural Gas Production U.S. crude oil production grew 5.6%, or 0.6 million barrels per day (b/d), in 2022 […]
A sale of New Mexico’s public land to the oil and gas industry was expected in May with lands going to auction throughout the Permian Basin in the southeast corner of the state. The auction scheduled […]
‘Net zero by 2050” is more than a slogan of climate activism. It has become a chief organizational principle for multinational corporations and the BlackRock-led cartel pushing environmental, social and corporate governance investing. “Net zero” […]
A warming globe and dwindling water supply are forcing conversations on alternative water sources, so some water engineers and scientists are encouraging New Mexico to start treating and using the toxic water that comes from […]
Guest “Peak Productivity” by David Middleton Data source: Enverus SEPTEMBER 30, 2022Advances in technology led to record new well productivity in the Permian Basin in 2021 The Permian Basin in western Texas and eastern New Mexico […]
Reforms to oil and gas permitting being considered by Congress could have an impact on New Mexico’s fossil fuel industry – one that makes up about a third of the state’s budget. The industry’s supporters […]
Copyright © 2025 | Sandstone Group