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Oil-import quota clash By Kevin Robinson-Avila / ABQ Journal Staff Writer

Started Oct 1, 2016 0 Replies

ALBUQUERQUE, N.M. — Independent oil producers in New Mexico and West Texas are waging a David and Goliath battle to impose import quotas on oil from the Organization of Petroleum Exporting…Continue

Tags: EnergySecurity, EnergyPlan, Energy, GeoPolitics, NewMexico

Join us today for live coverage of the Panhandle Import Reduction Initiative Carlsbad meeting

Started Sep 27, 2016 0 Replies

Today history will be made in Carlsbad, New Mexico as far sighted independent oil producers, oil workers and leaders of the communities hurt deeply by Saudi Arabia and the OPEC cartel say no more!…Continue

Tags: EnergySecurity, EnergyPlan, Energy, GeoPolitics, NewMexico

Southwest Oil Independents warning to Saudi Arabia

Started Sep 5, 2016 0 Replies

FOR IMMEDIATE RELEASEAUGUST 31, 2016Contact: Dr. Daniel Fine, Tom CambridgeThe Panhandle Import Reduction Initiative (PIRI)Dr. Daniel Fine @ 505-771-1865, Tom Cambridge @…Continue

Tags: ChamberOfCommerce, News, WorldNews, Business, SanJuanBasin

Editorial: A foreign oil ban would help fuel NM economies by the Albuquerque Journal Editorial Board

Started Jul 14, 2016 0 Replies

"It makes the push to restrict crude imports from overseas worth very serious consideration. Because OPEC gas at less than two bucks a gallon makes filling up a dream for drivers but a nightmare for…Continue

Tags: ChamberOfCommerce, News, WorldNews, Business, SanJuanBasin

 

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Volatile times loom for NM’s oil patch (Albuquerque Journal)

Posted on October 31, 2015 at 6:50pm 0 Comments



By Kevin Robinson-Avila / Journal Staff Writer


Published: Monday, October 26th, 2015 at 12:02am
Updated: Monday, October 26th, 2015 at 10:52am
For the complete article use this link--> …
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For the complete article use this link --> http://www.daily-times.com/election2014/ci_27283196/column-resource-war-and-san-juan-basin-oil Resource War and San Juan Basin oil Oil and gas companies in …

Posted on January 10, 2015 at 10:39am 0 Comments

For the complete article use this link --> http://www.daily-times.com/election2014/ci_27283196/column-resource-war-and-san-juan-basin-oil

Resource War and San Juan Basin oil Oil and gas companies in the Southwest, the Rocky Mountains and the Dakotas are revising or recalibrating their capital budgets for 2015 as the price per barrel of west Texas intermediate…

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Encana pumped about New Mexico oil play

Posted on April 28, 2013 at 10:49pm 0 Comments

Cathy Proctor
Reporter- Denver Business Journal
Email  | Facebook  | Twitter

Encana Oil & Gas (USA) Inc. — the Denver-based U.S. unit of Canada's Encana Corp. — will…

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Industry touts major Mancos Shale play Estimates point to 6B barrels of recoverable oil

Posted on April 8, 2013 at 12:51pm 0 Comments

ARMINGTON – The San Juan Basin could be headed toward a renaissance in natural-gas and oil drilling if rosy expectations touted by industry officials at Monday’s San Juan Basin Energy Conference hold true.

“In the southern part of the basin, the Mancos play has the potential to revitalize declining San Juan Basin oil production and also has a tremendous amount of future gas production in the northern part of the basin,” said Ron Broadhead, a principal…

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Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments



Owners of minerals and royalties may be interested to learn that the Internal Revenue Code "IRC" allows a deduction known as “depletion” for oil & gas income. The depletion deduction could significantly reduce a royalty owner's…

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