Press "Enter" to skip to content

Bill looks to up New Mexico's oil and gas royalty rate on 'premium' state lands

A pair of New Mexico legislators are looking to increase the top royalty rate for oil and gas produced on state lands in a move that would see the rate jump for the first time in nearly 50 years, among other legislation aimed at the state’s oil and gas industry.
Source: The Business Journal

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *