New Mexico Oil Output Recovers To Pre-Pandemic Levels ...Middle East

OILPRICE - Economy
New Mexico Oil Output Recovers To Pre-Pandemic Levels
source : OILPRICE ( Middle East ) () 14
New Mexico has become the first major oil-producing state to see its production rate rebound to pre-pandemic levels, but according to legislative analysts cited by the AP, the situation remains volatile. The report cited a briefing by the state’s Legislative Finance Committee, in which the committee reported that oil and gas production in New Mexico had hit a record high in March, at 36 million barrels of oil and 188 trillion cu ft of natural gas. In further good news for the industry, a consulting company present at the briefing said President…

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