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In May 2021, New Mexico’s Energy, Minerals and Natural Resources Department, or EMNRD, adopted new rules that prohibit routine flaring and venting and require operators to achieve a 98 percent gas capture rate by 2026.
Market fluctuations in the next 15 years could result in $36 billion less in fossil fuel revenue than present state forecasts, read a recent study.
Market fluctuations in the next 15 years could result in $36 billion less in fossil fuel revenue than present state forecasts, read a recent study.
Here are the top environmental stories published by the Carlsbad Current-Argus throughout 2022.
Kimbell estimated the assets produce about 2,072 barrels of oil equivalent per day (boe/d) and about 3 million cubic feet of natural gas per day.