A New Day at IPANM

 

 

Newsroom

New Mexico Accounted for 50% of U.S. Oil Production Growth in 2022
Reuters (May 18, 2023) - New Mexico's crude oil production grew more last year than any other U.S. state, including
Veto Threat To HR 1 Is "Capitulation To Environmental Left"
Power The Future (March 28, 2023) - In response to President Joe Biden’s threat to veto H.R. 1 (Lower Energy
State Legislators Push Back on Radical Green Agenda
Santa Fe New Mexican (March 26, 2023) - Clips from the attached article.  Click below to read full story. This
IPANM Joins 24 Others In Support of HR1
IPANM (March 23, 2023) - IPANM has joined 24 other oil & gas industry associations in a letter sent to
Southeast NM Lawmakers Defend Industry in 2023 Session
Carlsbad Current-Argus (March 22, 2023) - Southeast New Mexico’s Republican lawmakers said the 2023 Legislative Session could have been worse
New Mexico Bill Seeks Tax Credits for Gas Capture
Carlsbad Current-Argus (Feb. 16, 2023) - A Republican-led effort would increase tax incentives for oil and gas operators installing devices
IPANM Files EPA Methane Rule Comments Through Consortium
IPANM (Feb. 14, 2023) - IPANM joined 20 other producer associations today in filing comprehensive comments that represent many concerns
Report: Curbing US Oil & Gas Production Would Hurt the Environment
Institute for Energy Research (Feb. 14, 2023) - Environmentalists seeking to halt U.S. oil and gas production in the name
Lane: Natural Gas is a Lifeline for the Poor
IPANN at the 2023 Legislative Session in Santa Fe (Feb. 1, 2023) - Republican House Minority Leader Ryan Lane addressed
IPANM Files Comments on BLM's Waste Rule
IPANM (Jan. 30, 2023) - Today IPANM filed comprehensive comments on BLM's proposed Federal Waste Prevention Methane Rule. In its

MEMBERS ONLY INFORMATION

You are currently in the IPANM Public Newsroom.
  MEMBERS: Please login below to access exclusive MEMBERS ONLY information, including

Regulatory updates
The IPANM Event Calendar
Information and Issues
IPANM Policy Positions
The IPANM Member Directory
Legislative Bill Tracking with BillTrack 50
Access to your IPANM Memberzone information page

Member Login
Join IPANM for MEMBER ACCESS
Hot Topics

Wildlife in the Oilfield
Industry Benefits
Legal Challenges
Sign Up for Updates

 

 

Members

Join IPANM
Member Benefits
Map of Members
Password Reset

News

Oil & Gas Newsroom
Member Newsroom
Newsletters
Regulatory Updates

 

 

 

Annual Meeting

2025 Meeting Info
2025 Golf Outing
2025 Sponsors
Sponsor An Event

About IPANM

Who We Are
Our Board
Administrative Staff
Contact Us

 

 

Web Tools

Calendar
Memberzone
BillTrack 50
Facebook Page

Hot Topics

Wildlife in the Oilfield
Industry Benefits
Legal Challenges
Sign Up for Updates

 

Members

Join IPANM
Member Benefits
Map of Members
Password Reset

 

News

Oil & Gas Newsroom
Member Newsroom
Newsletters
Regulatory Updates

Annual Meeting

2025 Meeting Info
2025 Golf Outing
2025 Sponsors
Sponsor An Event

 

 

 

 

About IPANM

Who We Are
Our Board
Administrative Staff
Contact Us

Web Tools

Calendar
Memberzone
BillTrack 50
Facebook Page

Independent Petroleum Association of New Mexico

IPANM Administrative Offices
P.O. Box 6101, Roswell, New Mexico, 88202
Bus. - 575-622-2566 | Fax. - 575-622-2566

Search

Website designed by Siarza Social Digital

Natural Gas (NG)
WTI Crude Oil (CL)

 

Independent Petroleum Association of New Mexico

IPANM Administrative Offices
P.O. Box 6101, Roswell, New Mexico, 88202
Phone 575-622-2566

Search

Website designed by Siarza Social Digital

Natural Gas

WTI Crude Oil

Reuters (May 18, 2023) – New Mexico’s crude oil production grew more last year than any other U.S. state, including top producer Texas, and accounted for half the nation’s overall gain, signaling its importance in expanding U.S. oil output.  The state’s production rose by a record 300,000 barrels per day (bpd) in 2022, to 1.6 million bpd, the U.S. Energy Information Administration said on Thursday. It was the third consecutive year that New Mexico’s increase outpaced other states.  Overall U.S. crude oil production grew by 600,000 bpd in 2022, averaging 11.9 million bpd, the EIA said.  “New Mexico is like the new frontier, and there’s a lot of upside potential,” said Phil Flynn, an energy analyst at Price Futures Group. “Some people argue that some of (Texas’s) best wells have been drilled.”  Texas is still the largest oil-producing state with output totaling nearly 5.3 million bpd in February, far ahead of New Mexico’s 1.8 million bpd, the most recent EIA data showed.

Various News Articles Appeared on May 18 & 19, 2023:

Reuters:  New Mexico Oil Output Delivered Half of U.S. Growth in 2022

Oil Price: NM Accounted for 50% of U.S. Oil Production Growth in 2022

New Mexico accounted for 50% of U.S. oil production growth in 2022

Energy Information Administration’s Summary of New Mexico Production – 2022

 

Power The Future (March 28, 2023) – In response to President Joe Biden’s threat to veto H.R. 1 (Lower Energy Costs Act), Daniel Turner, Founder and Executive Director for Power The Future, issued the following statement:

“For all the Beltway chatter about his purported triangulation heading into his re-election, Joe Biden is starting the second half of his term in an identical fashion to the first: utter and complete capitulation to the extreme environmental left that funded his campaign and runs his administration. The new House Republican majority deserves great credit for the Lower Energy Costs Act, which represent a roadmap to the energy independence Biden so foolishly squandered. Reliable, affordable and domestic energy has powered America’s greatness for generations, and it’s incumbent on all elected representatives, Republican and Democrat, to advocate for the industry and its workers.”

Power The Future’s March 28, 2023 News Release

Santa Fe New Mexican (March 26, 2023) – Clips from the attached article.  Click below to read full story.

  • This year’s legislative session showed that a blue majority isn’t always green.
  • The oil and gas bills that fell through underscore how the strong Democratic majority in the Legislature is not monolithic but has a fairly wide and diverse spectrum — from green-minded progressives to more conservative leaders who are wary of imposing too much regulation on an economic mainstay, Long said.

    “New Mexico has always had … a pretty big tent in that majority party,” he said. “There’s a variety of views. And we definitely saw that in play this session.”

    Jim Winchester, executive director of Independent Petroleum Association of New Mexico, applauded the failure of what he called legislation that disproportionately targets smaller oil producers in the state.

    “We are grateful to the legislators who rejected these radical bill proposals and understand the benefits of our industry to education, public safety, and the human condition in New Mexico,” Winchester wrote in an email.

  • Winchester, the industry advocate, rejected the characterization of oil operators being anti-environment.

    “IPANM supports environmental stewardship from our industry when proposed in balanced, reasonable, and practical legislation,” Winchester wrote. “However, there are groups who continue to push anti-oil-and-gas legislation without any thought to the consequences on everyday, hardworking people in our state.”

  • In an email, a political analyst wrote some Democratic lawmakers’ reluctance to push through climate bills this session is in line with what can be seen at the federal level: President Joe Biden drawing fire from progressive Democrats for not moving more aggressively toward the clean-energy transition.

    “This to me is reflective of the political challenges in energy production policy,” wrote Gabriel Sanchez, a political science professor at the University of New Mexico. “The oil and gas industry is a very powerful industry, especially in New Mexico. And given how important oil and gas revenue has remained to our state’s economy, this makes more aggressive climate change policy a challenge for progressive Democrats.”

State Legislators Push Back on Radical Green Agenda

 

 

IPANM (March 23, 2023) – IPANM has joined 24 other oil & gas industry associations in a letter sent to the leadership of the U.S. House of Representatives on HR1 Lower Energy Costs Act.

In the letter, the associations write, “The bill [H.R. 1] is a welcome answer to government-imposed distortions to energy markets that have decimated the energy independence that America enjoyed just a few short years ago. Make no mistake, we wholeheartedly believe in producing energy in an environmentally responsible manner that protects the nation’s air,
water, land, wildlife, and cultural resources while providing billions in taxes and royalties that sustain
communities and vital public services at every level of government.”

HR 1 will likely get a House floor hearing during the week of March 27th in Washington, D.C.  IPANM strongly encourages New Mexico’s Congressional Delegation to support HR 1.

Associations’ Letter Regarding HR 1

 

Carlsbad Current-Argus (March 22, 2023) – Southeast New Mexico’s Republican lawmakers said the 2023 Legislative Session could have been worse as the GOP was able to block several bills aimed at reducing pollution and tightening regulations on oil and gas producers.

The state was working with a $3.5 billion budget surplus this year, a surge largely attributed to booming oil and gas production in the Permian Basin region, and Republicans chided Democrat-led initiatives they said either spent too much to threatened to stymie the state’s leading revenue source.

A series of environmentally focused bills during the session that ended Saturday were either voted down in committee or stalled during the session and didn’t receive the needed votes to go to the desk of Gov. Michelle Lujan Grisham to become law.

Southeast NM Lawmakers Defend Industry in 2023 Session

Carlsbad Current-Argus (Feb. 16, 2023) – A Republican-led effort would increase tax incentives for oil and gas operators installing devices to limit air-polluting emissions at wells throughout New Mexico.

House Bill 350, sponsored by Reps. Jim Townsend (R-54), Larry Scott (R-62) and Candy Ezzell (R-58), all from the oil-rich southeast New Mexico region, would have offered up to $12,000 tax credits to operators for each well where the devices are installed.

The bill discussed Tuesday by the House Energy, Environment and Natural Resources Committee, but a vote was not taken to table or advance the legislation.

During the hearing, Townsend said HB 350 would help reduce the financial burden on oil and gas companies in complying with state environmental rules.

The industry was known to provide about a third of New Mexico’s budget and was chiefly credited for helping generate an about $3.5 billion revenue surplus this year.

New Mexico Bill Seeks Tax Credits for Gas Capture

 

IPANM (Feb. 14, 2023) – IPANM joined 20 other producer associations today in filing comprehensive comments that represent many concerns over EPA’s proposed Federal Methane Rule, Docket ID No. EPA-HQ-OAR-2021-0317. IPANM has participated in the “Producer Associations” consortium for the past few years, and many concerns voiced by IPANM were included in the final comment documents submitted today.

The comments include the following overview:

“The message the Producer Associations have consistently conveyed since 2011 is “one size does not fit all.” Generally speaking, EPA’s response has been to regulate exploration and production (“E&P”) emission sources to the extent that EPA believes it can “survive”/continue to exist – that is not the “best system of emission reduction” (“BSER”) as required by Section 111 of the Clean Air Act (“CAA”). [The Producer Associations] T comments are intended to identify the most detrimental and unsupported proposals by EPA and provide alternatives that
provide the equivalent or nearly the equivalent environmental benefits as substantially less cost and confusion to the Oil and Gas Industry, in particular the small business that are disproportionally impacted by these proposed regulations.”

To read the full text of the Producer Associations 48-page comments, please click below.

Feb. 14, 2023 Producer Associations Final Comments on Federal Methane Rule

 

Institute for Energy Research (Feb. 14, 2023) – Environmentalists seeking to halt U.S. oil and gas production in the name of combating climate change are undermining their own agenda and risking greater damage to the planet, according to a new report.

The Institute for Energy Research (IER) released a paper showing that the U.S. is the most environmentally friendly major energy producer and arguing that, like it or not, because petroleum products are here to stay, limiting U.S. production would have a devastating effect on the environment.

IER’s report writes, “The great irony is that this political movement – which purports to be about protecting the environment – results in oil and natural gas production moving from countries with the highest environmental standards to countries with lower, or even functionally zero, environmental standards.”

The Environmental Quality Index

Fox News: Curbing US oil, gas production would hurt the environment, report finds

 

 

IPANN at the 2023 Legislative Session in Santa Fe (Feb. 1, 2023) – Republican House Minority Leader Ryan Lane addressed the full House floor this week to point out the need to take care of the must vulnerable in our state. Without access to Natural Gas as a cheap and reliable energy source, those struggling to heat homes will turn to dirtier forms of energy production that are far more hazardous to personal health.  Please see the video clips below to hear his testimony.  Among his statements:

  • “The poorist among us desperately need access to affordable and reliable energy.  If we are serious about the environment, which I believe this body is, then I think we also need to be serious about delivering affordable and reliable energy.”
  • “New Mexico is actually positioned incredibly well.  We have access to some of the cleanest natural gas in the entire world.”

Download Video of Rep. Lane’s Testimony

 

IPANM (Jan. 30, 2023) – Today IPANM filed comprehensive comments on BLM’s proposed Federal Waste Prevention Methane Rule. In its filing, IPANM fully endorses the joint comments filed by Western Energy Alliance (WEA) and the Independent Petroleum Association of America (IPAA). Furthermore, IPANM highlights three areas of major concerns as expressed in our filing:

Duplicative Regulation

The BLM is proposing regulations addressing oil storage controls in Section 3179.203, pneumatic controllers in Section 3179.201 and Section 3179.303 Leak Detection and Repair.   These aspects are already addressed by either the EPA or the state air quality agencies.   BLM’s regulation of air quality aspects, particularly those which are under the jurisdiction of the EPA or state agencies is duplicative and should not be included in the final rule.

Provisions for Unavoidably Lost 

Section 3179.4(b) provides a list of “unavoidably lost” gas.   IPANM is concerned that the BLM has thoroughly evaluated the different types of hydraulic fracturing techniques being used by operators.  In some cases, during flowback after hydraulic fracturing, depending upon the technique used, some gas may have impurities that make it not salable to the gas gatherer.   Such an example would be when nitrogen foam fracs are performed.  In these cases the flowback gas will have more nitrogen making it not possible for the gas gatherer to accept it.  In these cases, the gas must be flared until it can meet pipeline specifications.   For this reason, IPANM suggests an additional category in this subsection (b) which allows “Flaring of gas due to impurities in the gas that make it non-saleable to a pipeline”.

Well Completion and Related Operations 

In Section 3179.102 the BLM is proposing that only 10,000 Mcf of gas that reaches the surface may be flared royalty free for new completions.  This is far too low a volume.  IPANM recommends this volume be doubled to 20,000 Mcf which was in the BLM proposal in which was proposed by BLM in the 2016 rule.   This volume threshold is much more equitable and provides the necessary flexibility for higher volume wells.

A copy of IPANM’s full filing can be found below.

IPANM Files Comments on BLM’s Waste Rule