Saturday, March 14, 2026

New Mexico Oil Production Reaching New Heights

455 MMBOPD so far this year Oil production is having a record year in New Mexico, driven by booming activity in the Permian. While the Permian is generally regarded as a Texas basin, it stretches up into southeast New Mexico. Wells in New Mexico can be just as productive as those in Texas, and some have set recent records. In

First Nations Complete Purchase of 49% Interest in Suncor’s East Tank Farm Development

Suncor Energy Inc. (NYSE: SU), Fort McKay First Nation (FMFN), and Mikisew Cree First Nation (MCFN) announced today the completion of the acquisition by FMFN and MCFN of a 49% partnership in Suncor’s East Tank Farm Development for total proceeds of $503 million. Fort McKay First Nation is composed of over 800 band members with approximately 400 members residing in