Oil and gas in New Mexico continued to make up a large portion of the state economy. This includes their bottom line. Most of the industry is confined to a rural, two-county area in the state’s southeast corner. Operations in Eddy and Lea counties in southeast New Mexico’s Permian Basin oilfields accounted for almost a […]
https://www.rangerminerals.com/wp-content/uploads/2021/03/social.jpg600800Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2022-07-21 08:00:442023-09-28 12:37:09New Mexico Economy: Oil and Gas Continues to Drive It
The number of active oil and gas drilling rigs in the United States rose by four this week and 272, or 56%, in the past year to the highest point since March 2020, an increase that comes even as oil demand — and by extension, gas prices — has abated slightly since last month. The […]
https://www.rangerminerals.com/wp-content/uploads/2022/07/oil-and-gas.jpg6301200Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2022-07-19 08:00:102023-09-28 12:37:14Oil and Gas Rig Count Up More Than 50% Since Last Year
Tuesday’s oil prices bounce back might go down as one of the most memorable moments of the oil market’s tumultuous year of 2022. Despite being the third-largest daily loss since the onset of oil exchanges, declining crude did not trigger any changes along the futures curve, implying that the huge drop was primarily coming from […]
https://www.rangerminerals.com/wp-content/uploads/2022/07/2022-07-08_alsvrgnc4z.jpg300718Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2022-07-14 08:00:202023-09-28 12:37:18Oil Prices Bounce Back From Shocking Collapse
New Mexico Economy: Oil and Gas Continues to Drive It
IndustryOil and gas in New Mexico continued to make up a large portion of the state economy. This includes their bottom line. Most of the industry is confined to a rural, two-county area in the state’s southeast corner. Operations in Eddy and Lea counties in southeast New Mexico’s Permian Basin oilfields accounted for almost a […]
Oil and Gas Rig Count Up More Than 50% Since Last Year
IndustryThe number of active oil and gas drilling rigs in the United States rose by four this week and 272, or 56%, in the past year to the highest point since March 2020, an increase that comes even as oil demand — and by extension, gas prices — has abated slightly since last month. The […]
Oil Prices Bounce Back From Shocking Collapse
IndustryTuesday’s oil prices bounce back might go down as one of the most memorable moments of the oil market’s tumultuous year of 2022. Despite being the third-largest daily loss since the onset of oil exchanges, declining crude did not trigger any changes along the futures curve, implying that the huge drop was primarily coming from […]