New rules on emissions and flaring now in effect for NM

After more than a year of collaborative community and stakeholder meetings, the new rules for NM oil and gas producers are now in effect. To meet the Governor's ambitious goal…

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Read more about the article Fracking restrictions proposed by NM legislator
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Fracking restrictions proposed by NM legislator

New Mexico State Senator Antoinette Sedillo Lopez, D-Albuquerque, is planning to introduce legislation this session that would halt the issuance of new fracking permits in New Mexico. The proposed bill…

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Permian pipeline is the latest casualty in Covid oil downturn

Oil markets across the country are still reeling from the one-two punch of Covid-19 drying up fuel demand and global market instability for oil and gas. The latest victim of…

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XTO Energy cancels plan to build oil and gas plant in Eddy County

Oil and gas giant, XTO Energy, has cancelled it's permit application to build and operate a new natural gas plant and central delivery point in Eddy County citing “future infrastructure…

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New methane rules for oil producers proposed

The New Mexico Environmental Department and the Energy, Minerals and Natural Resources Department have released the first draft of New Mexico's plan to focus on methane emissions and lower levels…

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Chevron steps up support for Permian nonprofits

Chevron has a long and vibrant history of growth and success in southern NM; offering high paying jobs, providing the oil revenue for our schools and roads, and now giving…

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Read more about the article Permian oil operations scaled back amid virus, OPEC uncertainty
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Permian oil operations scaled back amid virus, OPEC uncertainty

With the price-per-barrel cost of domestic crude hovering slightly above twenty dollars, Permian oil operations have begun to contract, with some companies shutting down production entirely. The spread of COVID-19…

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