New Mexico

New Mexico Regulator Fines DCP for Emissions Violations as States Demand Action on Methane

New Mexico Regulator Fines DCP for Emissions Violations as States Demand Action on Methane

The New Mexico Environment Department (NMED) said Tuesday it has fined an affiliate of DCP Midstream Partners LP $5.3 million for air quality violations. The watchdog said that between December 2017 and June 2019, DCP Operating Co. LP submitted 367 excess emission reports for eight New Mexico facilities, totaling over 2.1 million pounds of pollutants.…

July 8, 2020
New Mexico Oil, Gas Industry Urges More E&P Oversight, Collaboration to Reduce Natural Gas Flaring

New Mexico Oil, Gas Industry Urges More E&P Oversight, Collaboration to Reduce Natural Gas Flaring

In a proactive approach to work with New Mexico regulators to reduce the amount of natural gas flared when wells are drilled, a statewide industry coalition is recommending regulators update the rules and work hand-in-hand with operators to improve gas capture in the oilfields.

May 20, 2020
New Mexico Oil, Gas Investments to Skyrocket with Proper Policies, Says Industry Study

New Mexico Oil, Gas Investments to Skyrocket with Proper Policies, Says Industry Study

New Mexico’s oil and natural gas industry could attract as much as $174 billion in infrastructure investments through 2030 as its share of the Permian Basin continues to expand, according to an industry-backed study.

September 4, 2019

New Mexico’s Energy Transition Law Challenged as Unconstitutional

A group of organizations is challenging as unconstitutional provisions in New Mexico’s recently enacted renewable energy law and has asked the state’s high court to intervene.

August 28, 2019

New Mexico Revenue Nearing Record Level on Booming Oil, NatGas Production

New Mexico’s revenue collections through the first 10 months of fiscal year (FY) 2019 are $273.5 million above forecast, according to the Legislative Finance Committee, which attributed the windfall to booming oil and gas production and strong tax receipts.

August 20, 2019

New Mexico Governor Envisioning State as Clean Energy Model

New Mexico Gov. Michelle Lujan Grisham told a U.S. House subcommittee recently that she sees the leading oil and natural gas producing state also becoming the nation’s leading developer of clean energy alternatives.

April 22, 2019

New Mexico’s Sweeping Renewables Bill Unlikely to Impact Oil, Gas Ops

New Mexico Gov. Michelle Lujan Grisham signed into law Friday a bill establishing a 100% carbon-free goal for the energy mix in 2045, which aims to transition from coal resources to total reliance on renewable energy sources.

March 27, 2019

Permian-Driven New Mexico Oil Output Eclipses Another Record

New Mexico set another record for oil production during 2018 at 250 million bbl, 46% higher year/year, according to the Energy Information Administration (EIA).

March 12, 2019

New Mexico to Reconsider Hilcorp’s San Juan Plans

New Mexico regulators said Tuesday they plan to reevaluate recently granted approvals that would allow Houston-based Hilcorp Energy Co. to increase San Juan Basin oil and gas development.

January 9, 2019
New Mexico’s Green Light for San Juan Drilling Draws Criticism

New Mexico’s Green Light for San Juan Drilling Draws Criticism

A Houston-based exploration and production company (E&P) with new approvals to step up some wells in the San Juan Basin has caused a controversy as New Mexico gets ready for an incoming Democratic governor to replace the incumbent Republican.

December 5, 2018
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