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Fed delivers a cool $460 million to NM for lease sales

Fed delivers a cool $460 million to NM for lease sales

CARLSBAD CURRENT ARGUS (ROYALTIES) - Representatives from the BLM’s Washington D.C. headquarters presented a check of over $460 million on Tuesday at the BLM’s Carlsbad Field Office. The Bureau of Land Management’s September lease sale in Southeast New Mexico of...

USGS Announces Biggest Oil Discovery Ever! It’s in NM!

USGS Announces Biggest Oil Discovery Ever! It’s in NM!

USGS - Using a geology-based assessment methodology, the U.S. Geological Survey has announced the biggest oil reserve discovery ever in the Delaware formation of the Permian Basin. The USGS assessed undiscovered, technically recoverable continuous mean resources of...

Investment group provides summary of top American producers

Investment group provides summary of top American producers

MOTLEY FOOL – IPANM doesn’t normally relay information as news from investment groups, however, the recent summary provided by MOTLEY FOOL gives a good overview of the position of the majors in the United States. Please consider this webpost an update for your own situational awareness of what’s going on in the larger Oil & Gas industry right now.

Royalties from oil & gas production surge based on 2017 reports

Royalties from oil & gas production surge based on 2017 reports

NATURAL GAS INTELLIGENCE (ROYALTIES) – Increased oil and natural gas production, as well as regulatory reform and other factors, led to a $400 million surge in economic output on federal lands during the first year of the Trump administration, according to a report by the Interior Department.

EPA On ‘Right Track’ Industry Says Of Methane Rule Revisions

EPA On ‘Right Track’ Industry Says Of Methane Rule Revisions

WESTERN WIRE (METHANE) - Western and national oil and gas industry groups today told the Environmental Protection Agency (EPA) that revisions to the agency’s methane rule were “on the right track” while touting industry’s success at cutting emissions significantly....

New Mexico weighs options for reusing oil and gas wastewater

New Mexico weighs options for reusing oil and gas wastewater

ASSOCIATED PRESS (PRODUCED WATER) - New Mexico, with the help of the U.S. Environmental Protection Agency, has drafted a document that outlines areas where regulations can be streamlined to encourage the treatment and reuse of wastewater that comes from oil and...

EPA and New Mexico working with industry to recycle water

EPA and New Mexico working with industry to recycle water

The State of New Mexico and the U.S. Environmental Protection Agency (EPA) have released a draft white paper which addresses state and federal regulatory management of produced water, along with opportunities to treat and reuse the water to help alleviate water...

Data shows decrease in Greenhouse Gas Emissions during Trump’s first year in office

Data shows decrease in Greenhouse Gas Emissions during Trump’s first year in office

EPA (AIR QUALITY & METHANE) -- Today, the U.S. Environmental Protection Agency (EPA) released 2017 greenhouse gas (GHG) data collected under the EPA’s Greenhouse Gas Reporting Program (GHGRP), showing overall decreases across sectors and that total U.S. greenhouse...