Similar Stories to New Mexico Marks Record Year For Oil Production on Bing News

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Mon, 03/12/2018 - 10:13am

ALBUQUERQUE, N.M. (AP) — Oil producers have set a record for the number of barrels pumped in New Mexico last year, and industry experts say output from the Permian Basin is expected to double over the next several years. Data from the U.S. Energy Information Association and an industry group that represents hundreds of producers in New Mexico show a record 172 million barrels of oil were produced in 2017. That's double New Mexico's output in 2011 and more than the previous record of 147 million barrels set in 2015. New Mexico Oil and Gas Association Executive Director Ryan Flynn says the record production is the result of more than $13 billion in investments that the industry began making last year. The sustained rebound in oil prices and the investments also have helped New Mexico's revenues to recover.Read more on NewsOK.com

Place your ad here
Loading...

BING NEWS:

Mexico Raises Proven Hydrocarbon Reserves Figure
Mexico's National Hydrocarbons Commission (CNH) announced on Tuesday that the nation's total proven hydrocarbon reserves, encompassing both crude oil and natural gas, have increased to 8.383 billion b ...
06/11/2024 - 7:29 am | View Link
Oil Companies Are Raking In Record Profits Under Biden
Nearly four years ago, while campaigning in the runup to the last presidential election, Donald Trump warned that President Joe Biden would “destroy” the oil industry.
06/10/2024 - 6:00 pm | View Link
Recurrent Energy and SPIC Inaugurate 446 MWp Solar Complex in Brazil
Ismael Guerrero, CEO of Recurrent Energy, added, "Today marks a significant milestone for SPIC Brasil, Recurrent Energy, and the Brazilian energy sector This inauguration underscores our commitment to ...
06/9/2024 - 5:00 pm | View Link
REUTERS NEWS SCHEDULE AT 10 A.m. GMT/6 A.m. ET
REUTERS NEWS SCHEDULE AT 10 A.m. GMT/6 A.m. ET June 06th, 13PM June 06th, 13PM Here are the top stories and upcoming coverage plans for Reuters text service as of 10 a.m. GMT/6 a.m. ET. For a full ...
06/5/2024 - 11:02 pm | View Link
Silly season in the Senate
→ Wednesday sittings: One motion extends midweek sittings to midnight — or until the end of the day’s government business, whichever comes first. The Senate typically rises at 4 p.m. on Wednesdays to ...
06/5/2024 - 10:59 pm | View Link
More

More Movie News

More Business News

A woman who hates cooking shared the 5 easy, healthy meals that helped her lose 200 pounds
Business Insider, Saturday - 06/15/2024 - 05:22 AM
Leah Mancuso before and after losing 200 pounds. Lauren Hansen/Tara DunnLeah Mancuso lost 200 pounds in two years by adopting healthy eating habits and walking. Mancuso shifted from a diet of drive-thrus and freezer food to minimally processed meals. Her staple meals include eggs, cottage cheese bowls, sourdough sandwiches, and chicken with potatoes.
More | Talk | Read It Later | Share
The most important advancement in AI is making Travis Kelce pregnant
Business Insider, Saturday - 06/15/2024 - 05:17 AM
Rachpoot/Bauer-Griffin/GC Images; iStock; Rebecca Zisser/BIWombo AI is an app that makes generative images of celebrities. It's gone viral for making images of Donald Trump, Drake, and Travis Kelce — with pregnant belliesYes, this very stupid. So what? What is it about a slightly crummy AI-generated video of Donald Trump and Joe Biden discussing hardcore bands that is incredibly hilarious, while Apple's new AI forced-whimsy "Genmoji" just … isn't?
More | Talk | Read It Later | Share
New college graduates are stepping into a tougher job market. It could set their earnings back for years.
Business Insider, Saturday - 06/15/2024 - 05:07 AM
Recent college graduates are having a harder time finding jobs, and this could have a lasting impact on some of their earnings and careers.skynesher via Getty ImagesMore recent college graduates are struggling to find jobs, and it could set them back for years. The unemployment of recent graduates has been higher than the overall unemployment rate since 2021.
More | Talk | Read It Later | Share
Welcome to the age of geriatric millionaires
Business Insider, Saturday - 06/15/2024 - 05:02 AM
urbazon/Getty Images; Jenny Chang-Rodriguez/BIThe average age of American millionaires has risen to 61 as of 2022, up from 57 in 1992. Younger workers struggle to amass wealth, leading to increased reliance on inheritances. Boomers' wealth accumulation is impacting economic factors like consumer spending and housing. America's millionaires are getting older.
More | Talk | Read It Later | Share
Taiwan is one-upping Ukraine's navy to defeat a Chinese invasion
Business Insider, Saturday - 06/15/2024 - 05:00 AM
Taiwan is developing naval drones similar to those used so effectively by Ukraine, like the Magura drone seen here. GENYA SAVILOV/Getty ImagesTaiwan recently unveiled a kamikaze boat many times larger than Ukraine's successful drones. Naval drones will be key if Taiwan hopes to defeat a Chinese invasion. It can succeed by showing China that a battle for Taiwan is simply too bloody and risky.
More | Talk | Read It Later | Share
Israeli tour guides say leading groups to October 7 terror sites is the only way for them to make money now
Business Insider, Saturday - 06/15/2024 - 04:38 AM
Memorials at the site of the Nova festival attack. Courtesty of Slava BazarskyAmit Musaei, who survived the Nova Festival Hamas terror attack, now leads tours to the site. BI spoke to four Israeli tour guides who say October 7 tours are the only ones in demand now. They say it's emotionally draining, but they need to support their families financially.
More | Talk | Read It Later | Share

Similar Stories to New Mexico Marks Record Year For Oil Production on Bing News

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News