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U.S. Oil Drillers Restart Production As Prices Recover

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Nick Cunningham, Oilprice.com | June 2, 2020 Shale drillers are bringing some shuttered oil production back online as the glut eases. The total amount of...

Oil Industry Sets New Record With $3.1 Billion in Revenue for 2019 New Mexico...

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Public schools, highways, and healthcare in New Mexico can expect to see more funding in 2020, thanks to the oil and gas industry. A new...

Permian Basin leads declining rig counts in final week of 2019, But Lea County...

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Permian Basin led the nation in a declining drilling rig count in the final report of 2019 by Houston-based Baker Hughes. As of Dec....

Permian has more than half of nation’s rigs

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With 405 rigs in operation, the Permian Basin now accounts for more than half of the nation’s drilling activity, according to the oilfield services...

The Energy 202: The U.S. just hit a major milestone as a petroleum exporter

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Dino Grandoni, The Washington Post | December 3, 2019 After years of relying on other countries for petroleum, the United States just reached a new...

Led by Lea and Eddy counties, New Mexico reverses rig count decline

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New Mexico, with Permian Basin's two leading counties, reversed a five-week decline in count of active oil and gas drilling rigs, according to Baker...

Permian Basin highway receives federal grant for safety project

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Associated Press said Tuesday that U.S. Department of Transportation is awarding a grant of $12.5 million for the U.S. Highway 285 safety and resiliency...

Data: New Mexico’s GDP growth fueled by oil and gas

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Adrian Hedden, Carlsbad Current-| November 13, 2019 Oil and gas production grew New Mexico's economic output by the fourth-highest rate in the country this year,...

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