A New Day at IPANM
Independent Petroleum
WE ARE
The Voice of Independent Oil & Gas in New Mexico
IPANM advances and preserves the interests of independent oil and gas producers while educating the public to the importance of oil and gas to the state and all our lives. In the spirit of that tradition, IPANM continues to grow and provide the services that protect, defend, and promote the industry that is the very foundation of our way of life. Our members are proud, independent, loyal, and hardworking!
WE ARE
The Voice of Independent Oil & Gas in New Mexico
IPANM advances and preserves the interests of independent oil and gas producers while educating the public to the importance of oil and gas to the state and all our lives. In the spirit of that tradition, IPANM continues to grow and provide the services that protect, defend, and promote the industry that is the very foundation of our way of life. Our members are proud, independent, loyal, and hardworking!
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 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%...
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 were due on Tuesday, March 10, 2020 regarding President Trump's proposed updates to the National Environmental Policy Act (NEPA). IPANM submitted...
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 Chaco Culture National Historical Park buffer zone to oil and gas leasing. The Bureau of Land Management and Bureau of Indian Affairs released the...
Trump’s BLM Budget Request to Help Oil & Gas Programs
Carlsbad CurrentArgus (Feb. 12, 2020) - President Donald Trump requested $1.2 billion to fund the BLM in fiscal year 2021, with $199.3 million earmarked for the agency’s Energy and Minerals programs, as fossil fuels and renewable energy generated the highest revenue...
Gas Tax Bill, Opposed by IPANM, Goes Down
ABQ Journal (Feb. 10, 2020) - Legislators on a key House committee rejected a proposal Monday that called for sharply increasing the gasoline tax as part of an effort to reduce pollution and improve New Mexico’s roads. It would have been phased in over time,...
Permian Roads Receive Millions in State Funds, Projects Underway
Carlsbad CurrentArgus (Infrastructure) Feb. 3, 2020 - Three of southeast New Mexico’s most notorious oilfield roads are in for major rebuilds in the coming years as the New Mexico Department of Transportation aims to use surplus state funds from oil and gas revenue to...
Oil & Gas Industry Adds $3.1 Billion To State Revenues
The Albuquerque Journal (Jan. 16, 2020) — State revenue from oil and gas activity soared to a record $3.1 billion in fiscal year 2019, up 41% from the $2.2 billion generated the year before, according to the latest annual report from the New Mexico Tax Research...
Fracking Ban in NM would kill 142,000 jobs, $86B in GDP & $8B in Tax Revenue
Global Energy Institute (Dec. 1, 2019) - A recent report from the U.S. Chamber of Commerce’s Global Energy Institute concluded that a ban could cost New Mexico 142,000 jobs and eliminate $86 billion in cumulative gross domestic product through 2025.The state would...
Study: Oil & Gas Saves Families $2,500 per year; Lowers GHG Emissions
Western Energy Alliance & U.S. Council of Economic Advisors (Dec. 5, 2019) - Oil and natural gas is saving typical U.S. households of four up to $2,500 annually on electricity bills, according to a recent report from the U.S. Council of Economic Advisors. The...
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Our People
IPANM consists of members from various sectors of the oil and gas industry. Our members range from small, independent oil and gas producers (upstream) to small,
independent pipeline workers and production site transportation employees (midstream), to independent marketers, consultants and bankers (downstream).
Join Today
Member Benefits
Our People
IPANM consists of members from various sectors of the oil and gas industry. Our members range from small, independent oil and gas producers (upstream) to small, independent pipeline workers and production site transportation employees (midstream), to independent marketers, consultants and bankers (downstream).
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BillTrack50 is a legislative bill tracking service that tracks Oil & Gas legislation. Updated bills from the current session can be viewed at IPANM’s Legislative Corner webpage.
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