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New Mexico

$1.2 billion in sales of Permian Basin lands in New Mexico announced as fuel demand grows

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.2 billion in sales of Permian Basin lands in New Mexico announced as fuel demand grows


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Oil corporations continued to spend a whole bunch of hundreds of thousands of {dollars} to buy land in New Mexico’s aspect of the Permian Basin within the southeast nook of the state, as demand for fossil gasoline manufacturing within the area proceed to develop amid the world’s restoration from COVID-19 and worldwide market tensions.

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Earthstone Vitality, based mostly in The Woodlands, Texas, introduced June 28 it purchased all the oil and fuel belongings within the western Delaware sub-basin of the Permian owned by Titus Oil and Gasoline Manufacturing for about $627 million.

That included a manufacturing capability of about 31,800 barrels of oil equal per day and 44 effectively websites, and seven,900 acres in Eddy and Lea counties.

Extra:Rising oil costs result in elevated revenues for Eddy County authorities

Forward of the sale, Titus ran three rigs drilling six wells in Lea County, with completions anticipated in late 2022, per the announcement.

Earthstone mentioned it plans to take care of two rigs within the Delaware and was contemplating a 3rd together with two within the jap Midland sub-basin.

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Following the sale, Earthstone’s Delaware Basin presence grew to 44,000 acres – about 256,000 acres basin-wide.

Extra:Oil and fuel air air pollution in Permian Basin attracts concern from congressional committee

Chief Government Officer Robert Anderson mentioned the sale was meant to construct Earthstone’s portfolio within the Permian Basin – the U.S.’ busiest oilfield – and adopted different acquisitions within the area introduced earlier this yr.

“We had a aim of including to our lately established Northern Delaware Basin place and are enthusiastic about this transaction and the drilling stock we’re buying as it’s among the many highest financial areas within the Permian Basin,” Anderson mentioned.

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“We proceed to pursue synergies from the 2 acquisitions accomplished because the starting of 2022.”

Extra:GOP hopes wins in 2022 normal election can strengthen protection of oil and fuel in New Mexico

Earthstone’s newest transaction adopted the June 27 announcement that Sitio Royalties spent about $550 million on two acquisitions within the area because it additionally tried to develop its footprint within the Permian.

For about $323 million, Sitio purchased about 19,700 acres within the Permian from Midland, Texas-based Quantum Vitality Companions, together with 12,200 acres for $224 million from Houston-based Momentum Minerals.

This elevated the corporate’s Delaware Basin acreage to 24,500 acres and its Midland Basin land to 7,400 acres – amounting to a of 30 p.c enhance in Sitio’s Permian Basin-wide place.

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Extra:New Mexico oil and fuel trade prepares for federal restrictions to preserve uncommon rooster

The acres had been in Eddy and Lea counties, together with Loving County, Texas within the Delaware Basin and Martin and Midland counties within the Midland Basin.

Sitio CEO Chris Conoscenti mentioned the acquisitions had been meant to drive up returns for the corporate’s traders, as a part of a market-wide development towards asset consolidation and bettering revenue margins following the market’s historic downturn because the COVID-19 pandemic took maintain in early 2020.

“We’re excited to announce these extremely accretive acquisitions within the Permian Basin and continued execution of our returns-focused, large-scale mineral and royalty consolidation technique,” Conoscenti mentioned.

“We anticipate our shareholders to considerably profit from efficiencies as a result of elevated scale of the Firm and a considerable enhance to our dividend.”

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Extra:$1.9 billion oil and fuel merger targets Permian Basin amid rising power costs

Noam Lockshin, chairman of Sitio’s Board of Administrators mentioned the Permian Basin would show worthwhile to the corporate in growing manufacturing within the coming years.

“The acquired belongings are in extremely valued areas of the Permian Basin, meaningfully growing our line of sight to sturdy manufacturing progress within the near-term and offering substantial remaining stock,” he mentioned.

As operators are poised to extend their fossil gasoline output within the Permian Basin, so too was the area’s capability to ship oil and fuel out of the area and to export and refinery markets on the Gulf Coast of jap Texas.

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Extra:New Mexico nonetheless missing correct oil and fuel air air pollution information as state enacts new guidelines

Kinder Morgan introduced June 29 a deliberate enlargement of its Permian Freeway Pipeline capability to about 550 million cubic toes per day of fuel by November 2023, concentrating on elevated capability on the Waha Hub the place oil and fuel from all through the area in New Mexico and Texas is gathered earlier than being transported to market.

Kinder Morgan Pure Gasoline Midstream President Sital Moody mentioned the venture would alleviate takeaway limitations within the area as capability grows instep with gasoline demand.

“The venture will alleviate transportation constraints out of the Permian Basin in order to additional assist assembly our home and world power wants,” Moody mentioned.

Jamie Welch, CEO of Kinetik, which joint-owns the pipeline with Kinder Morgan, mentioned the enlargement would enhance entry amongst fuel producers to processing services.

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“This enlargement couldn’t come at a extra vital time, as it’s going to foster future pure fuel manufacturing progress in West Texas and supply a number of liquefaction services alongside the Texas Gulf Coast with extra inexpensive, dependable provide,” Welch mentioned.

Adrian Hedden could be reached at 575-628-5516, achedden@currentargus.com or @AdrianHedden on Twitter.



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New Mexico

New Mexico supreme court strikes down local abortion pill restrictions

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New Mexico supreme court strikes down local abortion pill restrictions


The New Mexico supreme court late on Thursday ruled against several local ordinances in the state that aim to restrict distribution of the abortion pill.

In a unanimous opinion, the court said the ordinances invaded the legislature’s authority to regulate reproductive care.

“Our legislature granted to counties and municipalities all powers and duties not inconsistent with the laws of New Mexico. The ordinances violate this core precept and invade the legislature’s authority to regulate access to and provision of reproductive healthcare,” the court wrote in its opinion by the justice Shannon Bacon.

It declined to address whether the ordinances violated the state’s constitutional protections.

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Abortion is legal in New Mexico, which has become a destination for women seeking abortions from Texas, especially, and other states that have banned the procedure following the US supreme court ruling in 2022 ending a woman’s constitutional right to abortion and handing powers over the issue to individual states.

Following that ruling, leaders of New Mexico’s Roosevelt and Lea counties and the towns of Clovis and Hobbs, all on the Texas border, passed ordinances seeking to stop abortion clinics from receiving or sending mifepristone, a pill taken with another drug to perform a medication abortion, and other abortion-related materials in the mail. Medication abortions account for more than half of all US abortions. Last June the supreme court upheld access to the drugs.

The ordinances invoked the federal Comstock Act, a 19th-century “anti-vice” law against mailing abortifacients, which are drugs that induce abortion, and said that clinics must comply with the law.

Under Roosevelt county’s ordinance, any person other than a government employee could bring a civil lawsuit and seek damages of at least $100,000 for each violation of the Comstock Act.

The New Mexico supreme court admonished this, saying that creating a private right of action and damages award was “clearly intended to punish protected conduct”.

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The state attorney general, Raúl Torrez, praised the court’s ruling on Thursday, saying that the core of the argument was that state laws pre-empted any action by local governments to engage in activities that would infringe on the constitutional rights of citizens.

“The bottom line is simply this: abortion access is safe and secure in New Mexico,” he said. “It’s enshrined in law by the recent ruling by the New Mexico supreme court and thanks to the work of the New Mexico legislature.”

The New Mexico house speaker, Javier Martínez, called access to healthcare a basic fundamental right in New Mexico.

“It doesn’t take a genius to understand the statutory framework that we have. Local governments don’t regulate healthcare in New Mexico. It is up to the state,” the Albuquerque Democrat said.

Opposition to abortion runs deep in New Mexico communities along the border with Texas, however, which has one of the most restrictive bans in the US.

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But Democrats, who control every statewide elected office in New Mexico and hold majorities in the state house and senate, have moved to shore up access to the service.

In 2021, the New Mexico legislature repealed a dormant 1969 statute that outlawed most abortion procedures as felonies, ensuring access to abortion even after the Roe v Wade reversal.

And in 2023, the Democratic New Mexico governor, Michelle Lujan Grisham, signed a bill that overrides local ordinances aimed at limiting abortion access and enacted a shield law that protects abortion providers from investigations by other states.

In September, construction began on a state-funded reproductive health and abortion clinic in southern New Mexico that will cater to local residents and people who travel from neighboring states.

The new clinic should open in 2026 to provide services ranging from medical and procedural abortions to contraception, cervical cancer screenings and education about adoptions.

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It was not immediately clear whether the ruling can be appealed in federal court. The New Mexico supreme court opinion explicitly declined to address conflicts with federal law, basing its decision solely on state provisions.

The Texas-based attorney Jonathan Mitchell, a former Texas solicitor general and architect of that state’s strict abortion ban, said he looked forward “to litigating these issues in other states and bringing the meaning of the federal Comstock Act to the supreme court of the United States”.

Reuters and the Associated Press contributed reporting



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New Mexico

Alec Baldwin sues New Mexico prosecutors, investigators for civil rights violations

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Alec Baldwin sues New Mexico prosecutors, investigators for civil rights violations


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Alec Baldwin, whose involuntary manslaughter case was dismissed last summer over suppressed evidence, is taking the fatal 2021 “Rust” set shooting back to the court room.

The actor on Thursday filed a civil lawsuit in Santa Fe County District Court alleging prosecutors violated his civil rights and defamed him. The defendants named in the filing included special prosecutor Kari Morrissey, personnel within the district attorney’s office for New Mexico’s First Judicial District and members of the Santa Fe County Sheriff’s Office.

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The complaint detailed Baldwin’s claims that prosecutors and investigators “conspired to procure a groundless indictment against Baldwin” by not following the proper criminal process and also intentionally kept exculpatory evidence from the defense.

In a statement to USA TODAY, Morrissey said, “In October 2023 the prosecution team became aware that Mr. Baldwin intended to file a retaliatory civil lawsuit. We look forward to our day in court.”

USA TODAY has reached out to lawyers for Baldwin as well as the DA’s office for comment. The sheriff’s office declined to comment.

Last summer, Baldwin’s lawyer Alex Spiro forewarned the sheriff’s office and prosecutor in letters sent to the parties on July 12 to preserve evidence for “potential for future litigation,” according to copies obtained at the time by USA TODAY.

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The actor and producer’s attorney advised Morrissey and Santa Fe County Sheriff Adan Mendoza to preserve all “devices, hard drives, emails, text messages, and other electronic communications” in addition to “documents, records, electronically stored information (‘ESI’), and other materials and data existing in any form whatsoever, that are actually or potentially relevant or relate in any way to the investigation(s) and/or prosecution(s) conducted by the State in connection with the death of Halyna Hutchins.”

The filing comes nearly six months after First Judicial District Judge Mary Marlowe Sommer abruptly dismissed the criminal case against Baldwin on the grounds that prosecutors and law enforcement withheld evidence that might be favorable to the actor’s defense. In October, she upheld her dismissal; though prosecutors appealed the judge’s decision in November, they withdrew the notice of appeal the following month.

Baldwin’s criminal charge stemmed from an Oct. 21, 2021, incident in which Baldwin’s prop gun, which he said he’d been told did not contain live ammunition, discharged during a rehearsal for the movie, killing 42-year-old cinematographer Halyna Hutchins and wounding director Joel Souza.

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‘No verdict’ can ‘undo the trauma’ of criminal case against Alec Baldwin, lawsuit says

Baldwin’s legal complaint accused New Mexico investigators and prosecutors of being ” blinded by their desire to convict Alec Baldwin for all the wrong reasons, and at any cost, for the October 2021 accidental shooting of Halyna Hutchins.”

“Defendants sought at every turn to scapegoat Baldwin for the acts and omissions of others, regardless of the evidence or the law,” the filing continued.

Baldwin seeks a jury trial and an award of financial compensation for his “injuries suffered” as well as punitive damages against the defendants.

“Defendants must now be held accountable for their malicious and unlawful pursuit of Baldwin,” the lawsuit states. “Although no verdict in this civil case can undo the trauma the State’s threat of conviction and incarceration has inflicted, Alec Baldwin has filed this action to hold Defendants responsible for their appalling violations of the laws that governed their work.”

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Why was Alec Baldwin’s involuntary manslaughter case dismissed?

The conclusion of Baldwin’s case with the state of New Mexico arrived more than two years after the on-set tragedy. Sommer dismissed the charge with prejudice, meaning prosecutors cannot refile the same claim.

Baldwin’s lawyers alleged in their filing that Santa Fe sheriffs and state prosecutors “concealed” evidence that could be linked to the source of the bullet that killed Hutchins. Prosecutors and sheriffs argued the evidence had no relevance or value to Baldwin’s case.

The judge reprimanded Morrissey and her team as “they have continued to fail to disclose critical evidence to the defendant.”

“The state’s willful withholding of this information was intentional and deliberate,” Sommer said. “If this conduct does not rise to the level of bad faith, it certainly comes so near to bad faith as to show signs of scorching.”

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Testimony revealed withheld evidence in ‘Rust’ case

On July 12, Baldwin’s lawyers said the Santa Fe County Sheriff’s Office was in possession of live rounds they argued might be connected to the one that killed Hutchins but failed to list them as evidence in the “Rust” investigation file or disclose their existence to defense lawyers.

On July 11, testimony revealed Troy Teske, a friend of “Rust” armorer Hannah Gutierrez-Reed’s stepfather, had delivered Colt .45 live rounds to the sheriff’s office on March 6. Baldwin’s team claimed this was evidence that could have established a connection to Seth Kenney, the prop supplier for “Rust.”

Baldwin’s attorneys alleged the rounds were evidence that the bullet that killed Hutchins came from Kenney. Kenney has denied supplying live ammunition to the production and has not been charged in the case.

Baldwin’s team has blamed Gutierrez-Reed, who is serving 18 months in prison for involuntary manslaughter, and first assistant director Dave Halls for negligence that led to Hutchins’ death. Meanwhile, prosecutors argued Baldwin handled the gun irresponsibly, exhibited “bullyish behavior on set” and changed his story to cast blame on others.

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Contributing: Andrew Hay, Reuters



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New Mexico Supreme Court Strikes Down Local Abortion Restrictions

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New Mexico Supreme Court Strikes Down Local Abortion Restrictions


By Jasper Ward (Reuters) – The New Mexico Supreme Court on Thursday ruled against several local ordinances in the state that aim to restrict distribution of the abortion pill. In a unanimous opinion, the court said the ordinances invade the legislature’s authority to regulate reproductive care. “Our …



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