News

State-owned public land in New Mexico continued to be a growing source of energy development as oil and gas production’s revenue share swelled in recent years, but renewable energy appeared ...
New Mexico is fortunate to have millions of acres of state trust lands that generate billions of dollars to benefit our schools, universities, hospitals, and other public institutions. The State ...
The proposal would increase the top royalty rate for oil and gas development from 20% to 25% on New Mexico’s state trust lands with implications for the energy industry in the Permian Basin ...
On Thursday, New Mexico Land Commissioner Stephanie Garcia Richard issued an executive order that includes a ban on all new oil and gas leases on state trust land within a mile (1.6 kilometers ...
Albuquerque native Jon Clark will oversee financial assets including the New Mexico land grant permanent fund — built largely from petroleum production on state trust lands since the 1970s to ...
The New Mexico State Land Office on Thursday announced to industry leaders it was suspending leases of State Trust land in certain “premium” tracts in southern Eddy and Lea counties within the ...
New Mexico's State Land Office said Thursday it executed long-term leases for a pair of wind projects on state lands, which, combined, could generate $146 million in monies for state coffers.