Leasing, permitting just part of climate debate abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.
Work at the Carlsbad Brine Well remains idle as the New Mexico Energy, Minerals and Natural Resources Department (ENMRD) secures additional money from New Mexico lawmakers for work resumption.
ENMRD Spokesperson Susan Torres said the department is seeking funding to complete the project which is estimated to be $18 million. The project was paused in July 2020.
“Since it was projected in the spring of 2020 that more funding would be needed to complete the project, EMNRD has been working with our state partners to secure additional funds,” she said.
Original funding for the work was $54 million and was set aside from various sources and there was an estimated $5 million left for monitoring at the former I&W Brine Well Site south of Carlsbad, where U.S. Highways 62/180 and 285 converge to form the South Y.
Lessons of downturn may have Big Oil poised for sharp recovery lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.