New Mexico oil and gas companies now have two major financial assurance changes, plus a complete regulatory overhaul, to navigate and implement at the same time. Oil Conservation Division (NM OCD): $150K Per Well If Ineligible for $250K Active Well Blanket Bond Discount The Oil Conservation Commission’s (OCC) Case No. 24683 amendments to the Oil […]
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Interior Proposes Major Revisions to Federal Oil and Gas Leasing and Waste Prevention Rules
On June 22, 2026, the U.S. Department of the Interior announced two parallel and highly anticipated rulemakings impacting oil and gas development on federal lands. First, the proposed “Oil and Gas Leasing” rule would revise federal onshore oil and gas leasing regulations and partially reverse or modify key provisions of the 2024 “Fluid Mineral Leases […]
