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Halliburton hiring in West Texas

Halliburton hiring in Permian, An oil and gas drilling rig operating in the Permian Basin near Farmington, New Mexico. (Image courtesy of Encana Corp)

According to FuelFix, Halliburton is set to hire 200 workers in the Permian Basin in West Texas and New Mexico. The Current-Argus reported that Halliburton spokeswoman Emily Mir said in late December there will be job opportunities throughout the Permian, including in Artesia. As the oil industry begins to see a small upswing, local businesses are crossing their fingers that ...

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Dallas Fed: Oil and Gas Activity Rises in Third Quarter

Dallas Fed, oil and gas activity

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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New Mexico governor appoints new environment secretary

A drilling rig operating in the Permian Basin near Farmington, New Mexico. (Image courtesy of Encana Corp)

SANTA FE, N.M. (AP) — New Mexico Gov. Susana Martinez has appointed a longtime employee of the state Environment Department to serve as the agency’s new leader. Butch Tongate’s appointment was announced Monday. He replaces Ryan Flynn, who resigned earlier this summer to take a job with an oil and gas industry group. Tongate’s career with the agency has spanned ...

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Apache may have struck big in West Texas

Apache, Texas oil discovery

DALLAS (AP) — A Houston driller is boasting of a big new oil and gas discovery in West Texas. Apache Corp. believes there could be 3 billion barrels of oil and 75 trillion cubic feet of natural gas in an area it calls Alpine High. The company announced its discovery Wednesday after two years of drilling in the largely undeveloped ...

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Utility wants New Mexico regulators to act on electric rate request

power-lines-997249_640

ALBUQUERQUE, N.M. (AP) — New Mexico’s largest electric provider wants state regulators to act on a proposed rate increase rather than delay a decision with more hearings. Public Service Co. of New Mexico filed a response Monday with the state Public Regulation Commission, saying extensive testimony and exhibits submitted over the course of the yearlong case provide enough information for ...

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New Mexico confronts budget shortfalls amid oil bust

New Mexico budget shortfall

RED RIVER, N.M. (AP) — The full extent of New Mexico’s budget crisis came into sharp focus Wednesday as state economists described an 8 percent plunge in revenues during the fiscal year that ended in June and warned state lawmakers of a looming budget deficit during the current year. The mid-year snapshot of state finances set the stage for a ...

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