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Home Tag Archives: NM regulations on oil wells

Tag Archives: NM regulations on oil wells

New Mexico official takes aim at oil, gas bond requirements

By Michael
May 20, 2021
in :  State/Regional News
Comments Off on New Mexico official takes aim at oil, gas bond requirements
2,655

ALBUQUERQUE, N.M. (AP) — New Mexico’s financial assurance requirements for oil and gas wells, pipelines and related infrastructure fall far short of what would be needed to offset closure and cleanup costs, according to the findings of an independent study released Thursday. The research was commissioned by the state after concerns were raised last year about taxpayers being left on …

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