New Mexico eases industry struggles with proposed HB28 bill

In an effort to keep existing companies and attract new Oil and Gas projects to the area, New Mexico has introduced HB28. This bill if passed would exclude the industry from some State subdivision regulations that can tie up companies for years. According to the article below in the CarlsbadRead More

US sees growth in natural gas exports

Good news for the industry, and investors alike… natural gas exports are forecast to exceed gas imports. In part aided by the investment in pipeline expansions, according to the article below from numbers are expected to almost double again by 2021. The US exports natural gas and LNG toRead More

EIA Short-Term Energy Outlook expectations for 2020

The EIA released it’s STEO for 2020. According to the article below from the price differential between Brent and WTI will narrow. WTI Crude prices will average about US$5.50 a barrel lower than Brent Crude in 2020 and 2021—a narrower discount compared with the average US$7.35 a barrel discountRead More

Good news for Canadian Oil Industry

So it would seem the battle for Canadian Oil pipeline expansions continues with a victory for the Trans Mountain oil pipeline supporters and PM Justin Trudeau. This quote from the Bloomsberg article below says it all. The expansion, which would boost daily shipping capacity by 590,000 barrels to a totalRead More

Rig count rising in the Permian Basin

Rigzone reported on the latest rig count and according to the latest weekly report, the Permian Basin led the pack in new rigs this past week adding 6 new rigs. In total 14 new oil and 1 gas rig were added to the count bringing the total to 796. USRead More

New Mexico State land leasing under fire

One of the benefits of investing in oil and gas on private land leases is not having to deal with the possibility of law suits and legal proceedings such as these. Luckily our New Mexico leases are all on privately owned lands, so this will never be an issue forRead More

Permian Basin still growing, 5 new pipelines planned for 2021

Growth in the Southeast New Mexico Permian Basin over the last 10 years has quadrupled, leading to the need for more takeaway. The Basin has been a large contributor to the US’s ability to become a net exporter and the U.S.-Mexico-Canada Agreement (USMCA) will enable the US to sell toRead More

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