10 June 2022

Bonding

SGR delivered an independent statewide bonding study which determined New Mexicans could be left covering $8 billion dollars in clean-up costs, now she's increasing bonding requirements to protect our bottom line.

NM not ready to restore lands if boom’s a bust (Albuquerque Journal, February 2, 2020)

Land Office announces official rule making on bonding (New Mexico State Land Office, February 21, 2020)

New Mexico Land Office to revisit bonds for oil and gas development (Santa Fe New Mexican, February 24, 2020)

Land commissioner: Oil, gas cleanup could cost billions (Santa Fe New Mexican, May 3, 2020)

The Permian Basin is ground zero for a billion-dollar surge of zombie oil wells (Grist, April 18, 2021)

Billions Short (Santa Fe Reporter, May 20, 2021)

NM oil and gas bonds inadequate for cleanup (Albuquerque Journal, May 20, 2021)

New Mexico Wild Brings Awareness of NM Oil and Gas Industries' Need to Clean Up (KRWG, May 27, 2021)

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