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Tag Archives: Permian Basin

2015 year in review: The boom went bust

2015 year in review 2015: The boom went bust

When the New Year arrived, it was clear Odessa would not see another year of an oilfield boom. Instead, locals in the industry wondered just how bad it would get and for how long? As the year ends, those same questions remain. The Organization of Petroleum Exporting Countries agreed on Thanksgiving Day 2014 not to cut production in the face ...

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Scientists study methane ‘hot spot’ sources

This undated handout image provided by NASA/JPL-Caltech/University of Michigan, shows The Four Corners area, in red, left, is the major U.S. hot spot for methane emissions in this map showing how much emissions varied from average background concentrations from 2003-2009. Dark colors are lower than average; lighter colors are higher.

LYBROOK — As scientists continue their work tracking sources of atmospheric methane in the Four Corners region, the federal government continues to formulate new rules intended to reduce oil and gas industry emissions. The U.S. Environmental Protection Agency — which is proposing new rules to better regulate methane emissions — projects emissions from the oil and gas industry will increase ...

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New Mexico No. 1 in joblessness

New Mexico had the highest unemployment rate in the nation in November, while growth in the number of new jobs in the state was flat, according to labor figures released Friday. The state’s rate of 6.8 percent for November was unchanged from the month before, but New Mexico’s failure to improve pushed it to the No. 1 spot, according to ...

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First responder training program planned for region

In the next month, Dr. Dinesh Vyas of Texas Tech University Health Sciences Center of the Permian Basin plans to start a trainer-trainee program so people can help reduce mortality rates in remote work areas or accident scenes. Vyas, who is an associate professor, associate dean surgery research, associate program director at Texas Tech Health Sciences, said he will start ...

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Oil export ban, spending bill passes

CARLSBAD — The 40-year old oil export ban will be lifted after President Barack Obama signs a piece of legislation passed by the U.S. House of Representatives and the U.S. Senate on Friday. Lifting the ban on crude exports comes with the passing of the 2016 “Omnibus” spending bill. It is one of many policies included in the spending bill, ...

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Retail rises as oil and gas continues to slide

FARMINGTON — With oilfield operations declining in San Juan County after oil prices tumbled last fall, tax revenue from the region’s oil and gas sector has been dropping. But an increase in retail tax revenue is providing one bright spot for local governments, as Farmington’s role as a regional retail hub continues to grow. Although the cities and the county ...

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New Mexico energy industry leaders cry foul over new BLM rules

Oil and gas operations in the Permian Basin, Eddy County, New Mexico. (Image: Blake Thorberry via Flickr)

DURANGO, Colo. — About 75 people filled a ballroom at the DoubleTree by Hilton here on Tuesday to hear from Bureau of Land Management officials over three proposed updates to rules that regulate the oil and gas industry. And while the event’s location was in a small Colorado ski town, by a show of hands, those gathered were largely representatives ...

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Environmentalists want stronger methane rule

This undated handout image provided by NASA/JPL-Caltech/University of Michigan, shows The Four Corners area, in red, left, is the major U.S. hot spot for methane emissions in this map showing how much emissions varied from average background concentrations from 2003-2009. Dark colors are lower than average; lighter colors are higher.

HERMOSA, Colo. — Environmentalists on Tuesday joined local activists to express support for proposed Environmental Protection Agency regulations on oil and gas industry atmospheric methane emissions. Alex Renirie and Camilla Feibelman of the Sierra Club held a conference call with Victoria Gutierrez of Diné Citizens Against Ruining Our Environment and Tweeti Blancett, a sixth-generation New Mexico rancher, owner of The ...

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Pro-energy group to ramp up involvement in NM

FARMINGTON — A Houston-based pro-energy group with chapter offices in Texas, Alaska and Florida plans to become more involved in energy policy, education and advocacy in New Mexico. Consumer Energy Alliance is making in-roads into the state, said Shawn Martini, CEA communications director, and has taken a greater interest in energy policy and regulatory action in New Mexico over the ...

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