Thursday, January 27, 2022
46.7 F
Fort Worth

New Mexico may reconsider decision on more natural gas wells

🕐 1 min read

SANTA FE, N.M. (AP) — New Mexico oilfield regulators are considering whether to reopen a decision to ease restrictions on natural gas well locations for a Texas-based company operating in the northwest corner of the state.

Newly arrived state Land Commissioner Stephanie Garcia Richard announced Friday a special hearing of the state’s Oil Conservation Commission at her request on whether to reconsider an approved application from Hilcorp Energy to increase the well density for some areas. Hilcorp had no immediate comment.

Longstanding density limits have prevented the company from tapping more of a formation called the Blanco-Mesaverde gas pool.

Approval of the application late last year prompted an outcry from conservationists and a rebuke from the previous land commissioner.

Related Articles

Our Digital Sponsors

Latest Articles

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.