Opponents will likely seek to increase NMOCD Administrative Authority to penalize producers

With the recent November 2018 statewide election results, IPANM members should prepare for attempts by anti-oil and gas groups and legislators to pass regulations that would give the New Mexico Oil Conservation Division (OCD) new powers to levy fines against oil and...

IPANM Summary of process to get drilling permit approval for Oil and Gas production in New Mexico

IPANM recently completed this general overview summary of the various regulatory permits that producers have to acquire in order to get permission to drill on state land in New Mexico. Please feel free to refer to this summary when opponents argue that there is not...

Tax & Revenue Rule to hold hearing regarding operator Change of Address requirements

On Nov 17th, the New Mexico Tax and Revenue Department will hold a hearing on a proposal to change several rules. Of possible interest to you is a change in the “Required Correct Mailing Addresses.” 31.4.9 NMAC. The new rule would allow a taxpayer simply...