New Mexico
Oil and gas funds New Mexico
As New Mexico’s legislators prepare for the 2024 session, any number of data points continue to show just how significant an impact the oil and gas industry has in the state.
New Mexico is headed for a $3.5 billion general fund surplus for the year running through June 2025. Oil and gas production in Southeast New Mexico has allowed the annual state government income to grow by nearly 50 percent over the past three years. The oil and gas industry provides about a third of the state revenue in New Mexico.
The oil and gas industry is paying the bills at a federal level as well. Recent data from the Department of Interior shows that New Mexico earned $2.93 billion in federal revenue from energy production, thanks to all of the production on BLM Land. The next highest state is Wyoming at $832 million.
One way to measure success is through production. Prior to the 2020 pandemic, crude oil production in the Permian Basin was 4.9 million barrels of oil per day. Production is now closing in on 6 million barrels of oil per day.
The industry is also here to stay. Thanks to horizontal drilling and fracking, all production models predict many decades of oil remaining. New Mexico’s current rig count is at 102, putting it at second only to Texas.
As indicated in a recent article, Eddy and Lea County are driving the state’s economy. A recent Arrowhead study concludes that Eddy Country contributes $239,000 per person, with a $32,000 expenditure per person. In October, Eddy County collected $6.7 million from oil and gas activities, from business that was conducted in July.
There have also been a lot of transactions in the industry lately. The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100 billion, according to one recent study. Another recent article points out that Exxon and Chevron have both been expanding heavily in our area. Both companies, it should be mentioned, are also implementing extremely aggressive environmental policies.
New Mexico is a state with many needs – education, infrastructure and health care, just to name a few. The numbers above, and many other similar points of data, offer a clear-cut solution for the numerous challenges facing our state. Southeast New Mexico rests on top of one of the world’s greatest resources. We hope our legislators remember this fact when they convene next month.
New Mexico
USC lands speedy New Mexico running back Eli Sanders in transfer portal
Sanders says he’s aiming to win USC’s RB1 job in 2025, and is coming off a breakout 2024 with New Mexico where he ran for 1,063 yards and nine touchdowns.
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New Mexico
New Mexico Transfer Running Back Eli Sanders Commits to USC Trojans Over Arkansas, Michigan State
The USC Trojans have landed a commitment from former New Mexico running back Eli Sanders over Arkansas, Michigan State, Virginia Tech and Arizona after he spent the last couple of days on campus. Sanders is the second player to commit to the Trojans, joining former San Jose State cornerback DJ Harvey since the transfer portal opened on Dec. 9. He was the No. 17 running back in the 247Sports Transfer Portal Rankings and will have one season of eligibility remaining.
Sanders signed with Iowa State as a three-star prospect coming out of Chandler (AZ) High School in the 2021 recruiting cycle. He spent three seasons with the Cyclones, rushing for 703 yards and four touchdowns and added 15 receptions for 135 yards and one touchdown before he transferred to New Mexico in 2024. This season he rushed for 1,063 yards and nine touchdowns and caught 15 passes for 134 yards with the Lobos. Sanders announced on Dec. 6 that he would be entering the portal.
“Coach Lincoln Riley, coach Anthony Jones Jr. and the entire staff just made the whole experience at USC awesome,” Sanders told 247Sports. “It was a family oriented atmosphere there. It’s going to be close to home for me, too, just about an hour and half away from family in Oceanside. The offense is a great fit for me; I feel very comfortable running counter, going either inside or outside zone. It’s perfectly fitted for my skillset.”
Running back was a big area of need with Woody Marks headed off to the NFL following a stellar senior season. Marks carried the ball 198 times for 1,133 yards and nine touchdowns. He became the first Trojans players to eclipse the 1,000-yard mark since Ronald Jones in 2017 and earned Second-Team Big-Ten honors. Marks was a consistent threat out of the backfield, and he played with a toughness and passion that resonated with the entire team.
MORE: USC Trojans Program Falling Apart Under Lincoln Riley? Top Recruiting Classes Transferring
MORE: Georgia Bulldogs, Florida Gators Targeting Transfer Portal Receiver Zachariah Branch
MORE: Chicago Bears Rookie Caleb Williams On Pace To Break NFL Record Set By Aaron Rodgers
MORE: Ohio State Buckeyes to Land Transfer Portal Running Back Quinten Joyner From USC?
Redshirt freshman Quinten Joyner entered the portal when it opened on Dec. 9. Joyner carried the ball 63 times for 478 yards and three touchdowns this season. He averaged 7.6 yards per carry. The former four-star prospect in 2023 recruiting cycle possessed elite speed and had the ability to break a long run at moment. Joyner was an excellent complimentary back for Marks and stepped up throughout the season whenever his number was called. Ohio State has emerged as the favorite to land the former Trojans running back after a visit to Columbus last weekend.
“USC had two phenomenal backs last season and seeing their production, seeing how they were able to run the football, it’s definitely got me excited about my fit in the scheme,” Sanders told 247Sports. “It was definitely a dream school of mine growing up, going to games at the Coliseum and once I got the opportunity in the portal I knew I wanted to play for USC.”
Coach Lincoln Riley has looked to the portal to find his lead running back every season he has been at USC. In 2022, he signed Travis Dye from Oregon and Ausin Jones from Stanford. In 2023, it was MarShawn Lloyd from South Carolina and then Marks from Mississippi State this season. And now it will be Sanders in 2025.
MORE: USC Trojans Offensive Lineman Elijah Paige ‘Never Had Interest’ in Transfer Portal
MORE: Quarterback Miller Moss Transfers to Louisville From USC Trojans, Lincoln Riley
MORE: USC Trojans Football Schedule: Grueling Road Opponents, Intriguing Home Slate In 2025
New Mexico
State issues violation notice as CRRUA delays for months fixing a water tank issue
SUNLAND PARK, N. M. (KFOX14/CBS4) — The troubled water utility company that serves Sunland Park and Santa Teresa is on the defense as the state issued them a “Notice of Violation” as for months they’ve failed to fix a water tank issue.
On Tuesday, the Camino Real Regional Utility Authority (CRRUA) issued an alert, saying that it is sending letters to its customers clarifying why they missed a deadline to install a splash pad at the Tierra Madre storage tank, a move that helps prevent ground erosion at the base of the water tank.
According to the New Mexico Environment Department’s (NMED) sanitary survey, the deadline for CRRUA to install that splash pad was May 31.
RECOMMENDED: Attorneys rally Sunland Park community for legal action against CRRUA
Six months later CRRUA said that “addressing this issue is a priority,” and that it has secured a contractor to review the erosion, and that it is working with engineers to develop a “cost-effective approach” to control erosion at that water tank.
CRRUA said it expects to finish this correction sometime in 2025 and stressed that the issue does not impact the quality of its water.
Below you can find the “progress checklist” which details all the deficiencies NMED found at CRRUA (the “checkmark” means those issues have been addressed and the “P” means CRRUA is in the process of correcting those issues).
The splash pad at Tierra Madre Tank is deficiency number 50.
The original deadline to address the 58 deficiencies was Dec. 15, but NMED granted CRRUA an extension, giving them until June 15, 2025, to finish the checklist.
On Monday, CRRUA boasted it has resolved 91.3 percent of the deficiencies, saying it only has to address five more issues before it’s in full compliance with NMED standards.
CRRUA claims significant progress, says its 91% compliant with state standards
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