By Jerry Redfern, Capital & Main As the New Mexico Legislature’s one-month session begins this week, legislators will see a half-dozen bills that could spell big changes for the oil and gas industry through new well placement restrictions, increased fines and higher royalty payments, among other possible shifts. These proposed changes are some of a slate
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In the settlement between the state Oil Conservation Division and Ridgeway Arizona Oil Corp., the company will pay the state a minimum of $30,000 a month, an amount that would