Land Office Releases Bonding Draft Without Industry Input

Land Office Releases Bonding Draft Without Industry Input

IPANM & SLO (October 3, 2025) – Prior to the 2025 Legislative Session, the State Land Commissioner threatened to raise state lease bonds if her Royalty Rate Increase bill bill wasn’t passed. Well, the Royalty Rate Increase Bill did pass, and apparently...
IPANM Files Rebuttal Testimony Against Bad Bonding Rule

IPANM Files Rebuttal Testimony Against Bad Bonding Rule

IPANM (Sept. 19, 2025) – Today, IPANM filed all of its witness rebuttal testimony to the Oil Conservation Commission regarding Western Environmental Law Center (WELC)’s Rulemaking Petition to raise financial assurance levels on state lands. These IPANM...
IPANM Files Rebuttal Testimony Against Bad Bonding Rule

IPANM, Industry File Motion To Dismiss Rulemaking

IPANM (Sept. 15, 2025) IPANM and NMOGA have filed a motion to dismiss the entire WELC Rulemaking Hearing regarding new proposed Financial Assurance Bonding levels and new authority to cancel well acquisitions. The Motion to Dismiss  is based on many factors, including...