Monday, November 10, 2014

Another New Mexico county eyes drilling limits

Another New Mexico county is considering a measure to severely restrict oil and gas drilling. The San Miguel County Commission is expected to vote on an oil and gas drilling ordinance that imposes some of the strictest requirements on hydrocarbon exploration in the country, the Las Vegas Optic reported (http://goo.gl/lJiLeH). The proposed ordinance to be considered Wednesday would restrict oil and gas exploration to a sparsely populated eastern part of the county in northeast New Mexico. Other requirements would impose various application fees and make drillers pay for pre-drilling assessments. Companies would also have to enter into a development agreement with the county to pay for all necessary public infrastructure projects such as roads...more

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