News Oil & Gas

Groups protest upcoming oil and gas land sale in New Mexico

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New Mexico environmentalists sought to block a federal sale of public land to the oil and gas industry as about 500 acres of the southeast Permian Basin region of the state were planned to be auctioned off this summer.

The sale, if it occurs, would be first new federal leases in the Permian – the most active oil and gas field in the U.S. – since the administration of President Joe Biden took office in 2021.

Upon assuming power, the Biden administration halted any new leases of federal public land to the oil and gas industry, drawing immediate backlash from industry groups and their supporters.

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In New Mexico, more than half of its oil and gas extraction occurs on federal land, activities that make up about a third of the state’s budget.



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