Balloon Fiesta Welcomes ExxonMobil As its New Presenting Sponsor
The Albuquerque International Balloon Fiesta board, directors and staff have announced that ExxonMobil will be the event’s presenting sponsor for the next three years (2022-2024).…
Category: Business
Oil & Natural Gas Delivers Record $5.3 Billion to New Mexico State and Local Revenue in 2021
A new report from the New Mexico Tax Research Institute shows the state’s oil and natural gas industry provided $5.3 billion in state and local…
Significant Surplus in NM Treasury Thanks To Rising Price of Oil
Blogger Joe Monahan is predicting significant surpluses in the New Mexico treasury, thanks to oil prices going back up again, and the hard work of…
Biden’s ban on oil production blocked by Lousiana judge
Some good news for the oil and gas industry – the Biden administration’s suspension of new oil and gas leases on federal land was blocked…
Carlsbad’s Mayor responds to States support of a ban on oil and gas leases
We wish to add some additional commentary regarding an article from the weekend asking how local officials feel about Santa Fe County’s support of a…
U.S. Rig Count on the Rise
This week’s Baker Hughes rig count shows that U.S. had an increase of 2 over last week, resulting in a total count of 457 rigs. Canada had…
Devon Energy Celebrates 50 Years of Success
Devon Energy Corp. (NYSE: DVN) is celebrating its ‘golden’ anniversary this month after 50 years of success in the oil and gas industry. Founded by John and Larry Nichols…
WIPP permit modification hearing
A hearing is going on all week that is very important to the future of the Waste Isolation Pilot Plant. WIPP is seeking a permit…
Cyberattack on pipeline system creates gas shortage
On Friday, Colonial Pipeline, which transports refined petroleum products (gasoline, jet fuel, etc.) from Texas to New Jersey, halted operations because of a cyberattack on…
ConocoPhillips merger keeps jobs in Eddy County
On Tuesday, we had a great online discussion with Josh Viets, the Vice President of the Delaware Basin with ConocoPhillips, as well as other employees…
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