Sharpe:  Proposed Bonding Rule Will Cost Jobs and Revenue

Sharpe: Proposed Bonding Rule Will Cost Jobs and Revenue

By George Sharpe Oct 26, 2025 In 2000, Merrion Oil & Gas acquired 20 low producing wells from ConocoPhillips. Today, those wells have generated 25 years of jobs, royalties and tax revenue. However, under a new bonding rule being considered in the state, those...
Sen. Larry Scott Opens Public Comments In WELC Hearing

Sen. Larry Scott Opens Public Comments In WELC Hearing

IPANM (October 20, 2025) – IPANM would like to thank Sen. Larry Scott and all of the many state legislators who have submitted oral and written comments AGAINST the WELC Rulemaking for new Financial Assurance Bonding Levels and new OCD Authority to reject...
IPANM:  Industry Plugs Its Wells; Enviros Just Want To Kill Independents

IPANM: Industry Plugs Its Wells; Enviros Just Want To Kill Independents

Industry Plugs Its Wells; Enviros Simply Want To Kill Off Independent Producers Beginning October 20th, the New Mexico Oil Conservation Commission will stage a rulemaking to consider proposals by radical environmental groups to impose significant new costs on...