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Permian Resources Acquires New Acreage in New Mexico

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Permian Resources Acquires New Acreage in New Mexico


Permian Resources announced last week that they had completed two transactions to acquire 11,500 net leasehold acres and 4,000 net royalty acres in Eddy County, New Mexico. These areas are adjacent to the legacy Earthstone position they acquired through last year’s merger. The acquired properties are mostly undeveloped acreage, and Permian Resources has stated that it plans to begin developing it later this year.

Map of Permian Resources and legacy Earthstone acreage in Eddy County, NM. Right map includes aquired acreage in yellow. Source: Permian Resources

In addition, the company completed an acreage trade, swapping 2,000 net acres of non-operated and lower working interest acreage for 2,000 net acres in Lea County, New Mexico. It also plans to begin developing the new acreage in Lea County this year. Both of these moves will refocus the company on production in the Permian after it sold its legacy Earthstone assets in the Eagle Ford shale late last year. Permian natural gas production has been back above 18 Bcf/d since January 26, and producer optimism seems likely to keep gas and oil production growing in coming years.



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New Mexico

Four New Mexico companies nominated for ‘Best Hot Air Balloon Ride’ by USA Today

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Four New Mexico companies nominated for ‘Best Hot Air Balloon Ride’ by USA Today


NEW MEXICO (KRQE) — Four companies in New Mexico have been nominated for USA Today’s “Best Hot Air Balloon Ride” list for 2026. Voting is open now through June 1.

Here’s a look at the New Mexico nominees:

  • Four Corners Balloon Rides (Albuquerque)
    • “Four Corners Balloon Rides will get you soaring above Albuquerque in a hot air balloon. They fly smaller balloons with a capacity of up to 12 passengers, and you can opt between shared flights or a private charter, with flights running for about 45 minutes to an hour. You’ll see beautiful views of the Rio Grande Valley, the Sandia Mountains, and all of Albuquerque some 2,000 feet below you. The pilot, Daniel, has over 3,000 hours of flight time, so you’re ensured to be in good, safe hands. 
  • Rainbow Ryders (Albuquerque)
    • “As home to the International Balloon Fiesta, Albuquerque is one of the world’s most popular spots for hot air ballooning. Rainbow Ryders offers daily flights throughout the year, which have you floating above the high desert landscape of New Mexico, as well as the Phoenix-Scottsdale area. The company is also the official hot air balloon ride operator at the Albuquerque International Balloon Fiesta.
  • World Balloon (Albuquerque)
    • “World Balloon in Albuquerque, New Mexico, offers both group and private hot air balloon flights throughout the year. On flights that usually last an hour, passengers can enjoy unmatched views of the Rio Grande River and Bosque or watch the sunrise over the city.”
  • X-Treme-Lee Fun Balloon Adventures (Gallup)
    • “X-Treme-Lee Fun Balloon Adventures provides a beautiful sunrise hot air balloon tour near Gallup, New Mexico. On journeys that typically last about an hour, passengers can enjoy views of scenic Red Rock Park’s canyons and spires.”

A total of 20 companies were nominated overall. Multiple companies in neighboring states were also nominated. Those include Above It All in Aspen, Colorado, Adventures Out West in Colorado Springs, Firebird Balloons in Phoenix, Grand Adventure Balloon Tours in Winter Park, Colorado, Hot Air Expeditions in Phoenix, and Red Rock Balloons in Sedona, Arizona.

The winner will be determined by readers’ votes. You can vote online.

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Future of free childcare for all families in New Mexico remains uncertain

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Future of free childcare for all families in New Mexico remains uncertain


Gov. Michelle Lujan Grisham has no regrets about universal childcare.

As she approaches the end of her second term in New Mexico’s top office, she acknowledges there are some things she would have done differently. In a recent interview, she called 20/20 hindsight a “very powerful tool” that not enough politicians put to good use.

Moving the state toward a free childcare system — open to all New Mexico families regardless of income — isn’t on that list, however. The issue has turned into one of the defining public policy issues of Lujan Grisham’s tenure — which will come to an end later this year. The state’s heavily Democratic Legislature, initially wary of the program, has since voiced support and created a funding stream to continue the initiative for the next five years.

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‘You have to start there’

Childcare costs, benefits

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‘We have to get it right’

GOP might ‘peel back’ scope

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New Mexico

Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report

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Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report






Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report












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