State Oil Conservation Division can issue fines for spills

State Oil Conservation Division can issue fines for spills
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Soon the state’s Oil Conservation Division will have the ability to issue civil fines when oil and natural gas industry spills occur. The Oil Conservation Commission approved a final order to amend the state’s release rule during a meeting on Thursday.

This unanimous vote came approximately one month after it was discussed and approved during a two-day hearing. The rule change will be printed in the New Mexico Register in August prior to taking effect.

Continue reading State Oil Conservation Division can issue fines for spills at The NM Political Report.

Old oil fields may be ideal for carbon sequestration

Old oil fields may be ideal for carbon sequestration

When looking for places to sequester carbon, old oil fields may be a promising choice, according to a new study published in the journal Geology.

Geophysicists from Stanford University analyzed the Delaware Basin – a sub-basin of the Permian Basin in western Texas and southeastern New Mexico – and found that injecting substances into older oil fields is less likely to cause earthquakes than if the substances are injected into a newer oil field.

Continue reading Old oil fields may be ideal for carbon sequestration at The NM Political Report.

San Juan Generating Station taken offline after cooling tower collapse

San Juan Generating Station taken offline after cooling tower collapse

Unit one of the San Juan Generating Station was taken off line last week after a cooling tower collapsed, sources familiar with the incident told NM Political Report.

The cooling tower is necessary to operate the unit and, unless it is repaired, the unit will not be able to produce power for Public Service Company of New Mexico and Tucson Electric Power.

Continue reading San Juan Generating Station taken offline after cooling tower collapse at The NM Political Report.

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