The Trump administration on Thursday held an auction for oil and gas leases on more than 7,000 acres in New Mexico, its last before a U.S. election that is expected to determine the future of drilling on public lands. The U.S. Bureau of Land Management (BLM) raised more than $3 million in bids on 11
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With the price of oil wallowing beneath $30 per barrel for almost a month, some of the lowest prices in the last decade, the industry in New Mexico suffered from capital reductions and threats of layoffs. The state announced the global spread of coronavirus and subsequent respiratory illness COVID-19 reached New Mexico in recent weeks,
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The Permian Basin is a vast area covering West Texas and southeastern New Mexico. It has been known for decades as a region dripping with oil and gas reserves. Today, the Basin continues to produce, even as companies in other major shale regions fold under the pressures of low oil and gas prices. It’s Huge
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Constant rainfall or a sudden surge of storm wash can create a hazardous situation for pipelines. If a pipeline is in danger of becoming exposed, its chances for failure increase. Fortunately, pipeline companies undertake many prevention and safety measures to ensure the integrity of their pipeline systems. A particularly dangerous situation can occur if an
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In 2017, Submar installed a special system of articulating concrete revetment mattresses in New Mexico: Armadune mats, which are designed to work in desert environments. The mats’ tapered cells help collect sediment while the excelsior matrix collects moisture and allows root system development. Tate Salas, our Southwest Regional Sales Manager, is conducting a post-construction site assessment
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