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NMDOT gets $12.5M from feds to improve U.S. 285 near Loving

Carlsbad Current Argus (Nov. 10, 2019) - More than $12 million in federal funds could help the New Mexico Department of

New Mexico Hits Record Production for Third Year-In-A-Row

ABQ Journal (Nov. 7, 2019) - Oil production continues gushing in southeastern New Mexico and on pace for another blockbuster

Federal Bill to Enlarge Chaco Buffer Zone Too Big and Premature

Inside Sources (Nov. 7, 2019) - New Mexico would suffer severe economic harm with the loss of revenue due to

Governor Lujan Grisham Would Seek Fracking Ban Waiver If Warren or Sanders Elected

IPANM, Reuters & OilPrice.com (Nov. 1, 2019) - While IPANM would have serious concerns if a newly-elected President would seek

Chaco Canyon "Buffer Zone" Bill Passes House Despite Republican Opposition

IPANM, C-SPAN & Associated Press (Oct. 31, 2019) - The U.S. House of Representatives on Wednesday approved legislation (H.R. 2181)

Sharpe: New Video Highlights 'The Role of Fossil Fuels In Our Energy Future'

George Sharpe, IPANM Member (Oct. 30, 2019) - IPANM Member, Columnist, Energy Instructor and Investment Manager at Merrion Oil & Gas

Legal Fund 2020 Information & Hearing Schedule

IPANM (Oct. 29, 2019) - Due to a considerable number of important rulemaking hearings set for 2020, IPANM is asking

CNN: How Elizabeth Warren Could Vaporize America's Oil Boom

CNN (Oct. 20, 2019) - Warren, currently the odds-on favorite to be the Democratic presidential nominee, wants to ban fracking "everywhere." And the

OCD Districts Shuffle Under New State Restructure

(OCD) - The New Mexico Oil Conservation Division has reorganized its districts which has led to some new office locations,

Feds to Hold Hearing on New Federal EPA NSPS for Marginal Wells; Members Encouraged To Testify

Sept. 25, 2019 (EPA & IPANM) - The EPA will be holding a public hearing in Dallas, Texas on October

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Carlsbad Current Argus (Nov. 10, 2019) – More than $12 million in federal funds could help the New Mexico Department of Transportation (NMDOT) with improvements and safety enhancements on a busy southeastern New Mexico highway.

The U.S. Department of Transportation awarded the grant to NMDOT for work on a section of U.S. Highway 285 from Loving to the Texas border, read a news release from New Mexico’s congressional delegation.

The $12.5 million Better Utilizing Investments to Leverage Development (BUILD) grant will pay for repairs, turning and acceleration/deceleration lanes, shoulders, bridge work and stronger pavement on about the first 25 miles of 285 in New Mexico, per the release.

U.S. Sen. Tom Udall (D-NM) said the money is critical for public safety and the economy of Southeast New Mexico.

“Given the rapidly growing use of this roadway by heavy trucks and equipment, these federal funds will help NMDOT make U.S. 285 a safer, more reliable highway thoroughfare to the Texas border,” he said in the release.

U.S. 285 is a major transportation artery in southeastern New Mexico and increased traffic from the oil and gas boom has worsened road conditions along the route, the release read.

NMDOT should receive official word on the federal money Nov. 12, according to Spokesperson Manon Arnett.

“Although NMDOT has not been officially notified we are very pleased with the announcement and look forward to receiving official notice and putting the money to good use for our southeastern New Mexico partners,” she said.

Arnett said “it would be a few months” before NMDOT takes possession of the federal funds.

NMDOT gets $12.5M from feds to improve U.S. 285 near Loving

ABQ Journal (Nov. 7, 2019) – Oil production continues gushing in southeastern New Mexico and on pace for another blockbuster year, with estimates as high as 300-million-plus barrels of production for the year 2019.

Preliminary monthly production tallies by the state Oil Conservation Division show a huge increase in output during the first eight months of this year, up 36% compared with the same period in 2018 – itself a record year.

As of August, the latest month for which OCD estimates are available, production reached 209 million barrels of oil. That’s up from 153.5 million barrels during January-August last year, and it’s nearly twice the 108 million barrels reported for that same period in 2017.

At that pace, the state could well surge past 300 million barrels by year-end. That compares with 249 million barrels last year and 173 million in 2017.

And that, in turn, has flooded state coffers with an unprecedented wave of oil and gas revenue, generating $1 billion-plus budget surpluses in the last two years.

New Mexico on track for 300-million barrels of production in 2019

Inside Sources (Nov. 7, 2019) – New Mexico would suffer severe economic harm with the loss of revenue due to a drilling ban buffer zone around
Chaco Canyon. Specifically, Navajo allottees, who hold mineral rights in portions of the land, would lose a vital source of income in an economically depressed region. With a ban, the Navajo allotees would be blocked from safely developing acreage that would be miles from Chaco Canyon Historic Park.

Oil and Gas Industry: Bill to Permanently Protect New Mexico’s Chaco Canyon Region Premature

IPANM, Reuters & OilPrice.com (Nov. 1, 2019) – While IPANM would have serious concerns if a newly-elected President would seek a nationwide fracking ban, we are encouraged that New Mexico Governor Lujan Grisham recognizes the importance of fracking to sustain the state economy. The linked article below contains the following quotes from Gov. Lujan Grisham.

“Without the energy effort in this state, no one gets to make education the top priority,” said New Mexico Democratic Governor Michelle Lujan Grisham in Santa Fe on October 8. If Trump loses next year’s election, she said in a later interview, she would request the Democratic president provide her state a waiver exempting it from any drilling ban “to allow us to continue to produce in New Mexico.”

Meanwhile, OilPrice.com reports that due to threats of a federal fracking ban with a new president, oil companies are responding by accelerating fracking in SouthEast New Mexico.

Drilling ban proposals divide Democrats in U.S. oil states

Democrats Just Accidentally Sparked A Federal Fracking Boom

IPANM, C-SPAN & Associated Press (Oct. 31, 2019) – The U.S. House of Representatives on Wednesday approved legislation (H.R. 2181) prohibiting drilling on the checkerboard of federal land that borders Chaco Canyon Historic Park in Northwest New Mexico. The measure also calls for terminating existing non-producing leases in the area and suggests more studies and protective measures be taken to address health, safety and environmental effects on communities and tribal interests. The bill, co-sponsored by Rep. Ben Ray Lujan (D-N.M.), Rep. Deb Haaland (D-N.M.) and Rep. Xochitl Torres Small (D-N.M.), calls for a 10-mile setback zone that would ban oil and gas drilling over approximately 300,000 acres of federal land, including land that already has been leased by the federal government.

During debate on H.R. 2181 on the U.S. House floor Wednesday, Republicans attempted to stop the bill citing arguments that New Mexico would suffer severe economic harm with the loss of revenue due to a drilling ban buffer zone around Chaco Canyon. Texas Congressman Jodey Arrington (R-TX) also cited the loss of revenue for Navajo allottees, who hold mineral rights in portions of the land that would be blocked from drilling by the legislation. Arrington’s Motion to Recommit H.R. 2181 failed on a mostly partyline vote 199-222.

US House OKs protections near historical park in New Mexico
Republican efforts to stop H.R. 2181 come up short
IPANM has submitted formal comments in opposition of H.R. 2181

Comments from Wednesday’s House Debate:

George Sharpe, IPANM Member (Oct. 30, 2019) – IPANM Member, Columnist, Energy Instructor and Investment Manager at Merrion Oil & Gas in Farmington recently released an educational video entitled Understanding Energy: The Role of Fossil Fuels In Our Energy Future.

Please take a few minutes to watch this informative video, and then share the link (https://www.youtube.com/watch?v=K-lCr2IWCwo with your friends and co-workers!

This content is for members only.

Please login here! If you have any questions about your membership, please email megan@ipanm.org.

CNN (Oct. 20, 2019) – Warren, currently the odds-on favorite to be the Democratic presidential nominee, wants to ban fracking “everywhere.” And the Massachusetts senator pledged to immediately sign an executive order to stop all new offshore drilling leases. Both steps go further than her main rival, former Vice President Joe Biden.

Warren’s aggressive plan for fighting the climate crisis could have profound consequences for the oil and gas industry. Although an outright fracking ban seems unlikely to get through Congress and the courts, such a move would halt America’s historic shale oil boom in its tracks, drive up gasoline prices, threaten good-paying jobs and make the nation more dependent on foreign oil.

CNN: How Elizabeth Warren Could Vaporize America’s Oil Boom

(OCD) – The New Mexico Oil Conservation Division has reorganized its districts which has led to some new office locations, depending on where you operate. This biggest change is the opening of new district office in Hobbs. Please see the following links for more information. Also, please see the various office home pages to learn who your new inspectors are for your area.

OCD Reorganization Announcement

New OCD Org Chart — Updated Dec. 9, 2019

District 1 – Hobbs

District 2 – Artesia

District 3 – Aztec

District 4 – Santa Fe

Sept. 25, 2019 (EPA & IPANM) – The EPA will be holding a public hearing in Dallas, Texas on October 17 to discuss the proposed policy amendments to the 2012 and 2016 NSPS for the oil and natural gas industry. The changes will eliminate some of the duplicative regulatory burden currently placed on low production wells.

IPANM encourages members who are based in the Dallas area to consider testifying. Oral testimony will be limited to five minutes, and those who wish to testify need to sign up by October 14, 2019.

For more information, please refer the official federal register notice. You may sign up to offer oral testimony through that link or by contacting Virginia Hunt by email at hunt.virginia@epa.gov (preferred) or by phone at 919-541-0832.

It is likely that environmentalists will flood the hearing with their opposition message. Therefore, you may want to consider testifying on the positive implications of the changes, particularly with respect to the overregulation of low production wells. If IPANM members need assistance with comments, IPAA’s Lee Fuller has offered his assistance to frame up arguments in support of the proposed changes. Please contact him at lfuller@ipaa.org.

Subject:
Proposed policy amendments for NSPS for Oil and Gas Industry
Date:
Thursday, October 17
Time:
8:00 AM to 6:00 PM Dallas Time
Location:
Earle Cabell Federal Courthouse
1100 Commerce St.
Dallas, TX

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