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Oil and gas land sale in New Mexico will not impact pollution, feds say

The lands would target the Permian Basin, known as the U.S.’ most active oilfield spanning from southeast New Mexico to West Texas.

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'Resource curse' to imperil New Mexico's oil-based economy, study warns

Market fluctuations in the next 15 years could result in $36 billion less in fossil fuel revenue than present state forecasts, read a recent study.

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Oil and gas drives billions in funds for New Mexico in the next year

About $3.6 billion in added state revenue was predicted for the next fiscal year, credited largely to increased oil and gas production in New Mexico.

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Court verdict could allow future bans on New Mexico oil and gas leases

Lease sales resumed in New Mexico, with the Bureau of Land Management conducted a sale June 30, 2022 after reconducting its environmental reviews.

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Oil and gas could add $10B to New Mexico economy by 2050, per report

Oil and gas contribution to New Mexico s annual gross domestic product was expected to rise from $17.2 billion to $29 billion by 2050.

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