Published 7 days ago • loading... • Updated 7 days ago

New Mexico legislators OK increase on future oil royalty rates for prime land

Summary

The state Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime pieces of land in New Mexico, on one of the world’s most prolific oil production areas.

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New Mexico legislators OK increase on future oil royalty rates for prime land

New Mexico's Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime parcels in one of the world’s most prolific oil basins.

7 days ago·United States

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