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The Oil Conservation Division oversees all oil, gas, and geothermal drilling operations in the state. [4] This is accomplished by issuing permits to drilling companies, inspecting drilling operations, protecting mineral rights, and preventing fresh water contamination.
The group filed a petition for a rulemaking at the New Mexico Oil Conservation Division (OCD) in May 2023, asking New Mexico leaders to begin the process of banning PFAS in oil and gas operations ...
Oil and gas generated more than $15 billion in income for New Mexico in the last fiscal year, according to a state economic report presented to lawmakers during a recent meeting in Carlsbad ...
The New Mexico gross domestic product in 2023 totaled about $130 billion. About one-fifth — $26.1 billion — was generated by oil and gas. According to the New Mexico Tax Research Institute ...
Oil and gas production means billions for New Mexico’s state coffers, with the New Mexico Oil and Gas Association reporting a financial impact of about $13.9 billion in the last fiscal year to ...
HB 133 would also codify into law a policy enacted at the OCD in 2021, requiring oil and gas operators capture at least 98 percent of gas produced during extraction by 2026.
DOGGR – Division of Oil, Gas, and Geothermal Resources (former name of California's regulatory entity for oil, gas, and geothermal production) DOPH – drilled-out plugged hole; DOWRE – downhole report; DP – drill pipe; DP – dynamic positioning; DPDV – dynamically positioned drilling vessel; DPL – dual propagation log
Expert testimony submitted by the New Mexico Oil and Gas Association paints a dire portrait of competition in New Mexico for water resources among cities, farms, industry and wildlife — even as ...