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Guidance for venting and flaring regulations is found under Chapter 15, Title 19, Subsection 18: Production Operating Practices. These rules state that an operator shall not flare or vent casinghead gas produced from a well after 60 days following the completion of a well.
The New Mexico Oil and Gas Justice and Reform Act Reforms the Basic Framework of the 1935 Oil and Gas Act to: Expand the duties and authorities of the Oil Conservation Commission (OCC) and Oil Conservation Division (OCD) to include: Protection of the environment, Protection of public health, and.
In 2022, New Mexico was the nation's second-largest crude oil-producing state, after Texas. The state accounted for more than 13% of total U.S. crude oil production. In 2022, New Mexico was among the top 10 natural gas-producing states (7th) and accounted for 6% of the nation's total natural gas gross withdrawals.
The Oil Conservation Division of the Energy, Minerals and Natural Resources Department regulates oil, gas, and geother- mal activity in New Mexico, including issuing well permits, ensuring abandoned wells are plugged and the land restored, and enforcing regulations and laws.
The Oil Conservation Division regulates oil and gas activity in New Mexico.
In 2022, over 48% of New Mexico's state budget was supported by the oil and natural gas industry, translating into funding for schools, building roads and strengthening our communities.In 2021, The Land of Enchantment received over $327 million dollars in conservation funding from the Land and Water Conservation Fund, ...