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New Mexico

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Stop These Things

The Permian Basin: The gift that keeps on giving!

October 4, 2022 Mariel Alumit

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 […]

Oil
Energy Policy

Oil permit reforms needed for ‘energy independence’ or risking more pollution in New Mexico?

September 29, 2022 Mariel Alumit

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 […]

Oil and gas
Finance

Oil and gas revenue at an all-time high in New Mexico. Industry touts growth

September 21, 2022 Mariel Alumit

New Mexico is producing more oil and gas on state land than ever before, translating to more than $2 billion in royalties in the past year. For fiscal year 2022, running from July 1, 2021 […]

BLM
US Energy News

BLM Announces Lease Sale Results

July 5, 2022 Mariel Alumit

The U.S. Bureau of Land Management (BLM) has announced oil and gas lease sale results for Wyoming, Colorado, Montana/Dakotas, New Mexico, and Nevada. In the BLM Wyoming State Office, a two-day lease sale offering 122 […]

Colorado
US Energy News

Oil and Gas Lease Sales in Wyoming, Colorado, New Mexico Pushed Back

June 23, 2022 Mariel Alumit

The U.S. Department of the Interior’s Bureau of Land Management has revealed that an oil and gas lease sale in Wyoming scheduled for June 22-23 has been rescheduled for June 29-30. Oil and gas lease […]

Permian Basin
Energy Policy

Oil and gas air pollution in Permian Basin draws concern from congressional committee

June 13, 2022 Mariel Alumit

A congressional committee investigated some of the largest oil and gas companies in the Permian Basin, finding they were likely under-reporting their emissions of methane air pollution to the federal government. The U.S. House Committee on Science, […]

Exploration and Production

Oil producer Sabinal Energy divvying up Permian assets for possible sale

June 11, 2022 Stu Turley

Sabinal Energy, an oil producer backed by Kayne Anderson, is divvying up its assets for a sale of the company that could fetch more than $1 billion, according to people with knowledge of the situation. […]

New Mexico
Climate Crisis

A New GOP Climate Plan Is Long on Fossil Fuels, Short on Specifics

June 9, 2022 Mariel Alumit

Republican members of Congress chose to hold the first public event for their new climate plan in the country’s No. 1 oil-producing county, in New Mexico, and before an audience of people who work in […]

New Mexico
Top News

New Mexico budget surplus sees boost from oil and gas

May 26, 2022 Mariel Alumit

(The Center Square) – Recent projections show New Mexico’s budget surplus is $440 million more a December projection thanks mostly to oil and gas production, according to economists. Gross receipts tax collection was also running $248 […]

US Carbon markets to expand next year - Energy News Beat
Carbon Capture

Carbon capture will require massive pipeline construction

February 10, 2022 Mariel Alumit

The inherent dangers of capturing and transporting carbon dioxide for industrial operations exploded into the public domain two years ago when a CO2 pipeline suddenly ruptured in the tiny Mississippi town of Satartia. The pipeline […]

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