Federal oil-and-gas leasing surges in New Mexico as royalty rates fall
BLM says New Mexico oil-and-gas lease sales have generated more than $4.4 billion in 2026 as a new federal law lowers royalty rates for new production.
Oil & Gas Industry
5 posts
One abandoned New Mexico oil well cost $5M to plug. The state just sealed 114
New Mexico plugged a record 114 orphan oil and gas wells in fiscal year 2026, including costly cleanup work aimed at reducing pollution and protecting groundwater.
New Mexico launches statewide energy dashboard tracking emissions, infrastructure and power trends
New Mexico launched a new public energy dashboard designed to track emissions, infrastructure, generation trends and economic impacts tied to the state’s energy transition.
NM Oil and Gas Association president tells conference crowd to oppose Deb Haaland’s bid for governor
The head of New Mexico’s oil and gas industry association urged business leaders to oppose Deb Haaland’s gubernatorial bid, warning conference attendees about the political and economic stakes of the 2026 race.
Interior Department oil and gas lease sale in New Mexico, Texas generates more than $4 billion
A federal oil and gas lease sale in New Mexico and Texas generated more than $4 billion as the Trump administration pushed expanded domestic energy development on public lands.
