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HomeNew Mexico

New Mexico

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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