A New Day at IPANM

 

 

IPANM Operators: New Financial Assurance Bond Amounts due April 15

IPANM (Financial Assurance) - IPANM members are reminded to submit their new Financial Assurance Bond amounts to the Oil Conservation Division by April 15, 2019.  The OCD should have sent all operators a notice of the new bonding levels and new amounts owed, however,...

IPANM responds to NMED’s News Release and Notice of Violation to San Juan operator

(IPANM) – IPANM issued a statement today in response to the decision by the New Mexico Environment Department (NMED) to issue a news release about a Notice of Violation (NOV) against a San Juan operator for alleged emissions violations in February of 2018. IPANM...

Sharpe: The potential economic impacts of a Methane Rule

Farmington Daily Times (METHANE) - The first order of business for Michelle Lujan-Grisham, New Mexico’s new governor, has been to issue an executive order calling for a Methane Rule.  At first blush, this rule seems to make total sense, as capturing lost methane means...

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...

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