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New Mexico wrestles with cleanup costs at oil wells

Louisiana oil spill

SANTA FE, N.M. (AP) — New Mexico regulators overseeing oil leases on state trust lands are seeking to set aside more funding as they grapple with repairing damage in the wake of spills of oily salt water by a Texas-based company. State Land Commissioner Aubrey Dunn unveiled proposed legislation Wednesday to create a fund that could accumulate up to $5 ...

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New Mexico settles with Texas well operator

SANTA FE, N.M. (AP) — New Mexico oilfield regulators have reached a settlement agreement with a Texas well operator in response to spills of oily salt water at the company’s waste-water injection sites and oil wells. The New Mexico Oil Conservation Division confirmed Tuesday the agreement with Siana Operating of Midland, Texas, that outlines a timeline for cleaning up the ...

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Planners seek to transform New Mexico border town into destination

SANTA TERESA, N.M. (AP) — Trucks race along a winding road in the arid New Mexico desert. As they travel through Santa Teresa, a border-crossing port of entry and unincorporated town, they pass millions of square feet of warehouses that store steel coil, wind turbine blades and specialty glass. It’s a town that state officials say has pumped millions into New Mexico’s economy. But ...

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Albuquerque delays decision on solar proposal

ALBUQUERQUE, N.M. (AP) — Leaders in New Mexico’s largest city have put off a decision on whether to join dozens of other communities that have set goals to get more of their electricity from renewable resources, a movement that has swept cities from the U.S. and Canada to Germany. The Albuquerque City Council voted during an hours-long meeting Monday to ...

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UNM, Miners’ Colfax in pact to fight mining-related illness

Miners' Colfax, lung disease

RATON, N.M. (AP) — The University of New Mexico Health Sciences Center and Miners’ Colfax Medical Center are stepping up efforts to fight mining-related respiratory diseases. Both recently announced that a $1.5 million gift will fund an endowed chair in Mining-Related Lung Disease to be held by pulmonologist Akshay Sood. Sood has been working with the Raton hospital for years ...

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New Mexico state revenues lag

New Mexico, state revenues

SANTA FE, N.M. (AP) — New Mexico budget analysts say state revenues continue to trail last year by about 10 percent amid low energy prices and weak tax receipts. The Legislative Finance Council is reviewing its estimates Wednesday that show the state collecting revenues of $3.6 billion during the first seven months of the current fiscal year. The state had ...

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New Mexico sues Texas oil company for lease payments

New Mexico sues Texas oil company for lease payments

SANTA FE, N.M. (AP) — The New Mexico State Land Office is suing a Texas oil company for years of overdue fees and recent environmental cleanup costs at a wastewater injection well used by various oil producers. Siana Operating of Midland, Texas, was notified Thursday of the lawsuit in Santa Fe District Court seeking compensation, punitive damages and access to ...

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New Mexico land commissioner opposes flaring rules

SANTA FE, N.M. (AP) — New Mexico State Land Commissioner Aubrey Dunn isn’t a fan of the Obama administration’s plan to clamp down on oil companies that burn off natural gas on public land. Dunn announced Thursday that his office has submitted comments in opposition of the proposed venting and flaring regulations. Dunn says a committee was formed in New ...

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Texas, New Mexico oil producers push for import limits

ALBUQUERQUE, N.M. (AP) — Oil drilling companies and royalty owners from the Texas Panhandle to New Mexico’s stretch of the Permian Basin are embarking on a grass-roots campaign to limit foreign oil imports, salvaging what they say is a major sector of the U.S. economy. “American oil is competing against a cartel of government operators which has a stated initiative ...

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Head of New Mexico oil and gas group to retire

Head of New Mexico oil and gas group to retire

ALBUQUERQUE, N.M. (AP) — The head of the New Mexico Oil and Gas Association will be retiring later this year and the industry group has launched a national search for his replacement. Steve Henke’s last day will be Sept. 1. He has served as president of the group for the past six years. He previously was in charge of the ...

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