JF Maddox Foundation unveils vision for downtown development Two-building campus in Hobbs will establish the Foundation’s new headquarters, create a community center and food hall, and serve as a catalyst for continued downtown revitalization For the News-Sun The JF Maddox Foundation today announced plans for a transformative downtown development that will create a new home for the Foundation while establishing …

Mewbourne ranked #2 private producer in US Levi Hill/News-Sun Coming on the heels of the purchase of 22 acres of land to expand its operations in Hobbs, Tyler, Texas-based Mewbourne Oil Company was recently ranked the second most prolific private oil and gas producing company in the country by Enverus Intelligence Research. The list looks at the 100 most prolific …

Gas production climbs faster than oil in Permian Levi Hill/News-Sun WASHINGTON, D.C. — Natural gas production in the Permian Basin is growing faster than oil production and it is creating a bottleneck. Solutions are coming, but too slowly. According to a recent report by the U.S. Energy Information Administration, marketed natural gas production in the Permian Basin grew by 60 …

NextEra commissions new electric transmission line Christina Holt/News-Sun LOVINGTON — Dozens of guests stood in the middle of rural Lea County Wednesday morning surrounded by grazing cattle, pump jacks and wind turbines, as NextEra Energy Transmission Southwest marked the commissioning of its Crossroads-Hobbs-Roadrunner electric transmission line. The location reflected the project’s role in connecting the diverse energy resources in Roosevelt …

Federal oil lease sale nets record $4B in NM, Texas Levi Hill/News-Sun SANTA FE — A regular Bureau of Land Management oil and gas lease sale in May brought in more than $4 billion in total receipts from lease sales in New Mexico and Texas, in what is being called proof of the importance of domestic production. “America is sitting …

Hobbs chamber honors community leaders Christina Holt/News-Sun The annual Hobbs Chamber of Commerce banquet blended inspiration with celebration as a message on accountability was delivered and community members were honored. Salem S. Thyne, guest speaker and author of “Nobody Cares (Until You Do),” spoke to an audience of about 100 people on how accountability means owning the outcomes in life …

Energy Challenge could bring millions in investments to Lea Levi Hill/News-Sun Looking to bring energy-related companies to Lea County and even those involved in the budding space industry could bring millions to Lea County. That was the message at a recent public information workshop in Hobbs where New Horizons Foundation Executive Director Dennis Holmberg highlighted what Q Station’s energy challenge …

County sets regs for potential data centers Levi Hill/News-Sun Artificial Intelligence data centers are springing up across the world as the demand for computing power skyrockets. Lea County is poised to be a perfect home for data centers, but new industry breeds new problems and Lea County Commissioners are getting out in front of it. At the Feb. 26 Lea …

Earthquakes spike by as much as 700 percent in Permian Levi Hill/News-Sun The ground is starting to shake in the Permian Basin and those who live in the region are beginning to take notice even as scientist watch the number of earthquakes in the region skyrocket. The sheer number of earthquakes has increased but luckily the magnitude of most remains …

Permian Basin in dire need of power Levi Hill/News-Sun The Delaware Basin of Southeast New Mexico is starving. Every economic development opportunity that could possibly come to New Mexico — from nuclear facilities, including upgrades at Urenco USA, to data centers — all need one thing: Power. And it is power New Mexico is lacking in spades. How much? Potentially …