Legislature

Oil And Gas Changes Modernization Bill Clears State House Committee

147 Views   An effort to modernize state oversight of the oil and gas industry cleared its first hurdle on Thursday. The bill would rewrite portions of the state’s Oil and Gas Act in order to help regulators keep pace with the industry’s growth in recent years, as well as increasingly

Bill to increase oil and gas royalty rate moves forward

131 Views   SANTA FE, N.M. (KRQE) – A massive portion of New Mexico’s state finances come from fees, taxes, and royalties on the oil and gas industry. A bill to increase some royalty rates is making progress at the Roundhouse.

Categories