SANTA FE, N.M. – Legislation pushed by New Mexico Commissioner of Public Lands Stephanie Garcia Richard to increase the top royalty rate offered for new oil and gas development on the best state lands passed the House Energy, Environment & Natural Resources Committee today. Senate Bill 23, sponsored by Sen. George Muñoz and co-sponsored by Speaker of the House Javier Martinez, Sen. Liz Stefanics and Rep. Matthew McQueen, would increase the top oil and gas royalty rate on New Mexico state l...| NM State Land Office
BACKGROUND INFORMATION| NM State Land Office
SANTA FE, N.M. – USA Today has announced that the New Mexico State Land Office has won a Top Workplaces USA award for midsize organizations (with between 150-499 employees) for the second year in a row. Over 2,220 organizations participated in anonymous employee surveys as part of the national challenge.| NM State Land Office
SANTA FE, N.M. – Legislation pushed by New Mexico Commissioner of Public Lands Stephanie Garcia Richard to increase the top royalty rate offered for new oil and gas development on the best state lands passed the House Appropriations and Finance Committee today. Senate Bill 23, sponsored by Sen. George Muñoz and co-sponsored by Speaker of the House Javier Martinez, Sen. Liz Stefanics and Rep. Matthew McQueen, would increase the top oil and gas royalty rate on New Mexico state lands from 20%...| NM State Land Office
SANTA FE, N.M. – New Mexico Commissioner of Public Lands Stephanie Garcia Richard today issued an executive order banning mining on state lands in the Upper Pecos Watershed. The order, which goes into effect immediately and expires on December 31, 2045, would prohibit any new mineral development on about 2,552 acres of state trust lands located in the Upper Pecos region.| NM State Land Office