A New Day at IPANM

 

 

NM lawmakers block proposal to increase royalty rates on oil and gas on state land

NM lawmakers block proposal to increase royalty rates on oil and gas on state land

Las Cruces Sun (Royalties) - State lawmakers on Friday rejected a proposal to allow an increase in the royalty rates levied on oil and gas production on some of New Mexico's state trust lands. The bill, backed by newly elected State Land Commissioner Stephanie Garcia...

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...