Record federal royalties from oil & gas production surge based on final 2017 reports

NATURAL GAS INTELLIGENCE – Increased oil and natural gas production, as well as regulatory reform and other factors, led to a $400 million surge in economic output on federal lands during the first year of the Trump administration, according to a report by the...

Anti-Oil & Gas candidates for State Land Office Commissioner pledge to raise royalty rates

SANTA FE NEW MEXICAN – Democratic candidate running for the New Mexico State Land Office plan to increase royalty rates on Oil & Gas operators in New Mexico. State Rep. Stephanie Garcia Richard says that pushing for a higher rate would be her No. 1...

ONRR issues stay for federal valuation rule

Today I was contacted by email by the Office of Natural Resources Revenue.  They informed me that the consolidated Federal Oil & Gas and Indian & Federal Coal Valuation Reform Rule is STAYED.   Please refer to the Dear Reporter Letter below for details on the...

IPANM hosts successful ONRR & Regulatory Workshop

Last week in Roswell, NM, IPANM hosted an ONRR & Regulatory Workshop which was very well attended and very informative.  Attorneys Mark Barron, Rosario Dorion Dominguez and Poe Leggette from the Denver office of Baker Hostetler presented an excellent overview of...