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Giving During A Crisis In The Permian Basin
Carlsbad Current Argus (May 29, 2020) - What a world we are living in today! We are witnesses to –
Permian Basin Could Be Headed For Recovery
Carlsbad Current Argus (May 29, 2020) - Oil and gas in the Permian Basin could be headed for recovery as
2020 Special Legislative Session Begins June 18
IPANM (May 27, 2020) - The State of New Mexico's 2020 Special Session will begin June 18th. IPANM will continue
Virtual Townhall on State Methane Rule set for May 19
IPANM (May 14, 2020) - Next Tuesday, May 19, 2020 from 4 to 6 p.m., representatives from the MAP stakeholder
EPA Emissions Report Show Long Term Declines Continue
(Western Wire) April 15, 2020 - U.S. carbon dioxide and other emissions have fallen over the past 14 years while
Many Groups Supporting United Way's Emergency Relief Fund
Carlsbad Current Argus (April 9, 2020) - One of our community’s truly essential services right now is our local United
IPANM COVID-19 & Oil Price Crash Resources Page
IPANM has set up this webpage of important COVID-19 and Oil Price Crash resource links. This page is free to
Slide in Oil Prices Puts Stress on New Mexico & Shale Producers
ABQ Journal (March 11, 2020) - New Mexico’s oil boom could soon turn to bust after world prices for crude
IPANM Submits Comments In Support of NEPA; State Opposes
(IPANM) March 11, 2020 - Perhaps overshadowed by the news of the oil price drop and the Coronavirus, federal comments
BLM looking to open 10-mile Chaco buffer to oil, gas development
Farmington Daily Times (March 2, 2020) - A plan for future development would open up lands within the current 10-mile

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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

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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

Carlsbad Current Argus (May 29, 2020) – What a world we are living in today! We are witnesses to – and participants in – an event that will touch every person globally. We are part of a rare opportunity for a shared experience between fellow humans from every race, religion, culture and geography.  Here, in our own backyard, we’re not immune to the effects of the crisis the world is battling. But the Permian Basin is no stranger to challenges—we are a bold and brave community that bonds together.

Giving During A Crisis In The Permian Basin

Carlsbad Current Argus (May 29, 2020) – Oil and gas in the Permian Basin could be headed for recovery as prices rebuild from April’s historic collapse driven by reduced demand brought on by the global COVID-19 pandemic.  Many states recently began pulling back on travel restrictions and stay-at-home orders, which could cause fuel demands to increase and the price of oil to grow.  As of Tuesday, domestic crude was reported at $33.25 per barrel, per the Chicago Mercantile Exchange, showing a more-than-$10 increase since May started at about $19 per barrel.

Permian Basin Could Be Headed For Recovery

 

IPANM (May 27, 2020) – The State of New Mexico’s 2020 Special Session will begin June 18th. IPANM will continue to advocate for New Mexico’s independent Oil & Gas producers to ensure our members can operate and help rebound an industry that is responsible for funding one out every three teachers in the state, enhances public safety, and advocates for safe production of our natural resources. Legislators will face a daunting task to get the state back on track. The 2020 oil price crash has been an unfortunate reminder of how important the oil & gas industry is to New Mexico. Now, more than ever, state legislators and New Mexico’s Governor need to rally around independent producers and support efforts to help our smaller oil businesses return to prominence in New Mexico.  When the oil flows, New Mexico grows!

The State of New Mexico’s 2020 Special Session will begin June 18th

IPANM (May 14, 2020) – Next Tuesday, May 19, 2020 from 4 to 6 p.m., representatives from the MAP stakeholder group will participate in an online public forum to discuss last fall’s stakeholder meetings. IPANM will be represented by our Methane Committee Chair Ryan Davis. The MAP stakeholder group agreed to hold a public forum at the conclusion of the MAP meetings to further explain information included in the final MAP technical document.

Virtual Townhall on State Methane Rule set for May 19

 

(Western Wire) April 15, 2020 – U.S. carbon dioxide and other emissions have fallen over the past 14 years while the economy expanded and then recovered from the Great Recession, according to the latest data released by the Environmental Protection Agency this week.

Nationwide greenhouse gas (GHG) emissions in the power sector have fallen 27 percent since 2005 while the economy expanded by 25 percent, according to the newest edition of U.S. Environmental Protection Agency’s (EPA) annual emissions report.

EPA Emissions Report Show Long Term Declines Continue

 

Carlsbad Current Argus (April 9, 2020) – One of our community’s truly essential services right now is our local United Way, who has been helping so many people with the COVID-19 Emergency Relief Fund. Director Linda Dodd asked us to mention a few more generous donors:  Canyonstone and Copperstone Apartments gave $5,000 to the program, as have Burba, Cole and Overstreet, Western Sky Community Care and Santo Petroleum. Carlsbad National Bank has contributed $10,000 to this important program and the Carlsbad Community Foundation gave $3,000. The United Way’s program is directly supporting residents in need. Please keep up the good work and thank you for your generosity.

Many Groups Supporting United Way’s Emergency Relief Fund

IPANM has set up this webpage of important COVID-19 and Oil Price Crash resource links. This page is free to all of industry as a service of IPANM. No membership required to access.

 

 

 

 

 

Updated Oil & Gas Operational Resources (COVID-19 & Price Crash)

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ABQ Journal (March 11, 2020) – New Mexico’s oil boom could soon turn to bust after world prices for crude crashed on Monday.

The price for U.S. benchmark West Texas Intermediate bottomed out at $31.13 per barrel when trading closed Monday afternoon, down nearly 25% from $41.28 a barrel last Friday.

Oil Price Drop Stresses New Mexico

 

 

(IPANM) March 11, 2020 – Perhaps overshadowed by the news of the oil price drop and the Coronavirus, federal comments were due on Tuesday, March 10, 2020 regarding President Trump’s proposed updates to the National Environmental Policy Act (NEPA).

IPANM submitted succinct comments in strong support of the proposed changes. At the same time, the State of New Mexico declared strong opposition to the changes.

The comment period for the proposed changes has no closed. IPANM will continue to monitor the latest developments on federal NEPA changes.

Farmington Daily Times (March 2, 2020) – A plan for future development would open up lands within the current 10-mile Chaco Culture National Historical Park buffer zone to oil and gas leasing.
The Bureau of Land Management and Bureau of Indian Affairs released the draft resource management plan amendment for the Farmington Field Office on Feb. 28 and it will be available for comment through May 28.

BLM preferred plan could open areas within 10-mile Chaco buffer to oil, gas development