new mexico may see new oil and gas drilling sites

Just over 17,600 acres of land belonging to the federal Bureau of Land Management in both northern and southern New Mexico may soon be open for new oil and gas drilling.

The Bureau of Land Management has announced that it intends to sell leases to the lands in question this coming February 6.

In Rio Arriba and Sandoval counties in northern New Mexico, a combined 1,750 acres will be available for leasing. In the southeast corner of the state in Eddy and Lea counties, the amount of land open for leasing comes to just over 14,000 acres.

A public comment period specific to an environmental analysis of drilling in those areas will expire on October 28.

A press release from the Bureau of Land Management notes that, “Revenues from onshore oil and gas production on federal lands directly funds the U.S. Treasury and state budgets, and supports public education, infrastructure improvements, and other state-determined priorities.”

New drilling sites often prove a boon for construction companies with the need for the building of access roads, reserve pits, and well foundations, among other rig site preparations.

By Garry Boulard

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