Santa Fe New Mexican (June 8, 2020) – To say times are tough for energy companies in the San Juan Basin would be an understatement.

The market for natural gas is so bad right now that T. Greg Merrion (former IPANM Board President) has shut in nearly half of his family-owned company’s wells, most located in northwestern New Mexico.

But that could soon change.

If Merrion and key industry analysts are correct, there might be a silver lining in the oil crash caused by the coronavirus pandemic — it could end up helping northwestern New Mexico natural gas producers and even give a lift to state revenue in a time of crisis.

Expected Natural Gas Price Increase Would Help San Juan Basin