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New Mexico

The New Mexico Three-Party System

By: Cris Byers, Product Manager, oseberg, Oklahoma City, OK

The New Mexico oil and gas regulatory environment is a convoluted place, and the details of land and mineral ownership are no exception. The federal government, through the Bureau of Land Management (BLM), manages almost 250 million acres, so chances are you’ll be dealing with the BLM if you are in the oil & gas business in New Mexico. The state gets some action too; the Oil Conservation Division (OCD) gets their share of red tape also. And don’t forget about private ownership! If you’re in the New Mexico market, or plan to be, you’ll need to know how to navigate this 3-party system. Whether you’re new to the state or a seasoned pro, we hope to give you a better understanding of the types of ownership in New Mexico and the unique rules and regulations you may encounter with each.

Texas, New Mexico, Atla

Finding (Pugh) Needles in the (Permian) Haystack

Are you looking for Permian Basin “needles in a haystack” acreage to acquire and develop or flip? Or are you trying to defend against such annoying intrusions? Either way you should find this information exciting: at oseberg, we can now find prospective Pughed Out (“surface” Pugh) acreage across the entire TX Permian in seconds on a current, rolling time basis.

Industry Insights, Oklahoma Production Data, oklahoma

speed of Oklahoma production data

"I Love Waiting Months for Production Data!,” said no one EVER.

The agonizingly slow pace of Oklahoma reporting has high price consequences

Insider

organized chaos: structuring images, PDFs, contracts, surveys, and more

(Part 1 of 2)

The Times Are A-Changin’

When I started my career in Oil & Gas more than 25 years ago, things were different. We did a lot of work on paper.  I remember my first job after graduating. I was a reservoir engineer and was assigned responsibility for a newly acquired asset.  A mountain of well files were brought to my office in three ring binders and boxes. In school it was easy to do volumetric calculations since all the data was nicely provided to you.  However in the real world, I spent countless hours searching first for the wells of interest and then for the needed reservoir details.

Oklahoma Production Data, oklahoma, Oklahoma Newsletter

the oklahoma buzz newsletter

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In the March 2019 edition, find out who recently sold assets in the Arkoma, who has the most expensive well since 2017, and who named a well Pharoah. If you are a subscriber and didn't receive the newsletter, let us know. If you want to get The Buzz delivered to your inbox monthly, click here: https://offers.oseberg.io/oklahoma-oil-gas-newsletter

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