New Mexico

Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.

With shaky state funding and the EPA hamstrung by the Supreme Court, New Mexico could face a future with reduced protections.

The study dove into the quality of life experienced by oil and gas workers in the New Mexico's Permian Basin—the majority of whom are Hispanic New Mexicans. This incorporated the past and present conditions and how the influence of clean energy could shift their career plans moving forward.

The legislation would require oil and gas companies to pay into a fund that would cover health expenses for workers and their families.

The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.

The acquisition expands Targa’s midstream natural gas processing footprint in the active Delaware Basin of New Mexico.

The major rule change adopted this month also gives oil and gas producers a deadline to capture 98% of their produced gas by 2026.

New Mexico state regulators vowed to keep the oil and gas industry in check during the COVID-19 pandemic and subsequent market collapse, as some groups worried that shut-in wells and other cost-saving measures could lead to operators flouting environmental regulations.

The COVID-19 disaster and a catastrophic fall in oil prices could leave the state on the hook for billions in environmental cleanup costs if oil and gas companies go bankrupt during the health crisis, New Mexico's top land official says.

A recently completed health impact assessment in New Mexico found periodic spikes of formaldehyde and other pollutants associated with oil and gas development recorded at unsafe levels for short periods of time near homes.