How New Mexico Oil & Gas Regulators Want to Beat Texas Oil & Gas.

The game plan: HB 28 (2020 | NM)

The big goal: exempt growing oil and gas developments from some state regulations

What’s the legislative maneuver? Clarifying that any lands continually used for oil and gas activity would not be considered a subdivision requiring new regulation

What’s the practical impact? A small piece of land is added to drilling land for a compressed station. The land that the new compressor station is built on would not require new regulatory approval.

Carlsbad Current Argus | Oil and gas developments to be sped up by New Mexico House bill