U.S. Oil Output Set To Break 2023’s Record

by Jim Winchester, IPANM Executive Director | Aug 7, 2024 | A FEATURED STORY, Drilling & Leasing, Industry Benefits, ISSUES, News (Public Access)

POLITICO (August 7, 2024) – Preliminary data from the U.S. Energy Information Administration showed oil companies pumped an average of 13.4 million barrels a day from U.S. oil fields during the week ended Aug. 2, surpassing the previous record of 13.3 million...

Bipartisan Permitting Reform Act Advances

by Jim Winchester, IPANM Executive Director | Aug 1, 2024 | A FEATURED STORY, Drilling & Leasing, Industry Benefits, ISSUES, News (Public Access)

Daily Energy Insider (August 1, 2024) – The U.S. Senate Energy and Natural Resources Committee on Wednesday passed a bipartisan permitting reform package that bill sponsors say would bolster American energy security. The committee voted 15-4 to advance the...

100 Year Celebration of Production in New Mexico Permian A Big Success!

by Jim Winchester, IPANM Executive Director | Jun 16, 2024 | A FEATURED STORY, EVENTS, Industry Benefits, ISSUES, News (Public Access)

Artesia Daily Press (June 16, 2024) – Martin Yates’ company first struck oil 100 years ago 15miles southeast the small-town of Artesia in southeast New Mexico, paving the way for what became known as the “shale revolution” decades later as fossil fuel production...

Oil & Gas Contributes Record $15.2 Billion To New Mexico

by Jim Winchester, IPANM Executive Director | Jun 11, 2024 | A FEATURED STORY, Industry Benefits, ISSUES, Legislative, News (Public Access), Royalties

Carlsbad Current Argus (June 11, 2024) – Oil and gas generated more than $15 billion in income for New Mexico in the last fiscal year, according to a state economic report presented to lawmakers during a recent meeting in Carlsbad. Jennifer Faubion, economist...

A SIMPLE FACT: Electricity Came AFTER the Discovery of Oil

by Jim Winchester, IPANM Executive Director | Mar 9, 2024 | A FEATURED STORY, Industry Benefits, ISSUES, News (Public Access)

Ron Stein (March 9, 2024) – The more than 6,000 products in today’s societies are based on crude oil, which now supports: Electricity that is being generated by hydro, nuclear, coal, and natural gas. Airports that accommodate the 20,000 commercial aircraft, and...

Stripper Well Tax Exemption Creates Both Environment & Economic Wins

by Jim Winchester, IPANM Executive Director | Mar 2, 2024 | A FEATURED STORY, Industry Benefits, ISSUES, Legislative, News (Public Access)

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