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NM Oil Production Hits Another Record in 2020

NM Oil Production Hits Another Record in 2020

by Jim Winchester, IPANM Executive Director | Mar 20, 2021 | A FEATURED STORY, Industry Benefits, ISSUES, News (Public Access)

ABQJournal (March 20, 2021) — New Mexico’s oil patch is still gushing, with production growing another 10.5% in 2020 to a record 366.6 million barrels, despite the pandemic. But growth last year was markedly slower than in 2018 and 2019. And going forward, industry...
Texas Outages Put Reliability Of Renewable Energy In The Spotlight

Texas Outages Put Reliability Of Renewable Energy In The Spotlight

by Kacy Brown, IPANM Operations Director | Feb 17, 2021 | A FEATURED STORY, Anti-Industry Politics, Industry Benefits, ISSUES, News (Public Access)

Forbes (February 15, 2021) – Everyone wants clean energy, but reliability is what really counts in a crisis. As renewably sourced energy captures a larger share of the power grid, outages become inevitable. Renewable energy is great, but it just can’t compete...
Biggest Rig Count Jump Since Pandemic After Prices Exceed $50/Barrel

Biggest Rig Count Jump Since Pandemic After Prices Exceed $50/Barrel

by Jim Winchester, IPANM Executive Director | Jan 16, 2021 | A FEATURED STORY, Industry Benefits, ISSUES, News (Public Access)

S & P Global (Jan. 16, 2021) – The total US oil and gas rig count leaped by 18 to 424 in the week ending Jan. 13, rig data provider Enverus said, with the Permian seeing its largest weekly gain since the pandemic began to affect markets last March. The...
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