The oil and gas industry in New Mexico in 2024 is like a boxer who keeps taking hits, but remains standing. Some hits are glancing blows, and some are near misses. From legislative to legal to development of the southeastern corner of the state, there are challenges—and opportunities in the year ahead for New Mexico’s […]
PBPA’s Effect on Congress
“PBPA is having a national impact.” Such was the message from Congressman August Pfluger to members of the Permian Basin Petroleum Association on June 27. The event fetched good attendance for a rare mid-summer luncheon. Congressman Pfluger, who represents U.S. Congressional District 11, the 20-county district that includes the Midland/Odessa area, delivered the luncheon keynote […]
The Permian Basin and National Security
Congressman August Pfluger addressed members of the Permian Basin Petroleum Association on June 27 in Midland, Texas, updating them on events in Washington, D.C., and emphasizing the strategic and economic importance of the Permian Basin to not just the nation but to world security and stability. These are his remarks, in full. To Ben, Steven […]
Legislature Enters Second Special Session
by Julie Anderson During a recent Permian Basin Petroleum Association (PBPA) luncheon, Association President Ben Shepperd referenced a reality that initially defined the 88th Texas Legislature: extra money on hand. “We started out with about a $33 billion surplus in the treasury,” Shepperd observed. “Roughly two-thirds of that was due to, plain and simple, oil […]
Legislature, governor continue Texas Produced Water Consortium
Senate Bill 1047 in the recent 88th session of the Texas legislature to continue the Texas Produced Water Consortium was signed into law May 13 by Gov. Greg Abbott. The consortium was created in 2021 to study the economics, treatment technologies, and environmental and public health considerations for beneficially using produced water outside the oil […]
Determination, Delays, and a Dose of Drama
by Julie Anderson If the Regular Session of the 88th Texas Legislature were to be summarized in bullet points, here’s how it might read: Texas Comptroller Glenn Hegar projects a $32.7 billion surplus, giving lawmakers a spending cushion prior to the 140-day session. On Jan. 10, Texas Secretary of State Jane Nelson convenes the 88th […]
The Session Ends, But Challenges Remain
With the end of the Texas Legislative session taking place after the writing of this article, I can assure you that PBPA has worked diligently to provide oil and gas operators in the Permian Basin successes that would benefit them. One issue that became a lasting challenge throughout the session was the plain and simple […]
New Mexico Update
By Jesse Mullins As we move deeper into the spring of 2023, oil and gas interests in New Mexico have much to be thankful for. Business is good. It can always be better, of course. But activity is strong. The biggest plus that New Mexico oil and gas can look to this spring is the […]
88th Regular Session Enters Home Stretch
Texas representatives and senators are required by law to pass a balanced budget every two years. While the House and Senate each work on the budget and hold hearings simultaneously, they traditionally take turns originating the general appropriations bill and chairing the Budget Conference Committee. For the 2023 Regular Session, the bill originated in the […]
Legislative Updates
New Mexico Gavels Out The New Mexico Legislature adjourned sine die on March 18, closing out the 60-day 56th Session during which industry advocates spent most of their time playing defense. “A number of highly troubling bills were introduced that could have greatly impacted oil and natural gas operations in the Land of Enchantment,” reported […]
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