As it stands, the state receives 18% to 20% in royalties from oil pumps in the Permian Basin for a typical parcel of land. However, for the prime real estate, officials say they would like to increase that rate to 25%, matching the market value in neighboring states.
MON: Valle de Oro Urban Wildlife Refuge sees boost in funding for improved access, + More kunm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kunm.org Daily Mail and Mail on Sunday newspapers.
N M State Land Office raises record revenues - Source New Mexico sourcenm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sourcenm.com Daily Mail and Mail on Sunday newspapers.
Adrian Hedden, Carlsbad Current-Argus, 23 June 23 https://www.currentargus.com/story/news/2023/06/23/new-mexico-leaders-fear-nuclear-waste-holtec-endanger-oil-gas-fossil-fuel-permian-basin/70338508007/ State land managers in New Mexico doubled down on their opposition to a proposed project to store spent nuclear fuel at a site near the border of Eddy and Lea counties amid the Permian Basin oilfield. The New Mexico Land Office owns and oversees operations on State…
NORTHAMPTON, MA / ACCESSWIRE / February 14, 2023 / Just a few months after breaking ground in July 2022, Chevron's Hayhurst Solar Power Facility is taking shape. A joint venture with Algonquin Power &