New Mexico Energy News

01.03.18

New Mexico moves up in oil and gas rankings

Thanks to more barrels of oil being pumped monthly from the Permian Basin, New Mexico is among the nation's top producing states.

 

01.02.18

United States To Leapfrog Russia In 2018 As The World's Top Oil Producer

U.S. Shale Oil: Growth Back On Track And Accelerating

 

12.31.17

The Oil And Gas Situation: A Preview Of 2018

As 2017 comes to a freezing close, millions of citizens in New York state are keeping themselves warm and comfortable in their homes thanks to a plentiful supply of cheap natural gas.

 

12.31.17

Natural Gas Is The Flexibility Needed For More Wind And Solar

U.S. natural gas power plants continue to increase in efficiency and reduce greenhouse gas emissions, but the high flexibility of these plants will also be increasingly critical in the years ahead.

 

12.29.17

U.S. crude, natural gas output at multi-year records in Oct: EIA

U.S. crude oil production in October rose to the highest in more than 46 years, while natural gas production leaped to a new record, U.S. Energy Information Administration data showed on Friday.

 

12.28.17

New Mexico Utility Wants Regulators to Reconsider Rates

New Mexico's largest electric provider wants state regulators to reconsider a recent decision that allows a rate increase for customers but limits the amount of money the utility can recoup on upgrades at a coal-fired power plant.

 

12.14.17

China suffers natural gas shortage as coal ban backfires

State-owned energy companies have invested billions of dollars to develop shale gas and other sources, but supplies have failed to keep pace with surging demand.

 

12.13.17

New Mexico Oil and Gas Companies Sign on to Reduce Emissions

Some of the biggest names in energy production in New Mexico have signed on to a national effort within the oil and gas industry to curb methane emissions as pressure mounts for states to enact more pollution laws.

 

12.09.17

Oil and gas lease sale nets $30M for New Mexico

A Bureau of Land Management lease sale of more than 2,100 acres in New Mexico's Eddy and Lea counties drew more than $30 million worth of bids. The sale also set a new record for the highest bid per acre at $40,001.

 

12.08.17

Drilling rig count rises to kick off December

West Texas' Permian Basin now accounts for 400 rigs, which is more than half of all the nation's oil rigs. The next most active area is Oklahoma's Cana-Woodford shale with 73 rigs...