The San Juan Basin is one of the most heavily developed energy fields in the Intermountain West. While the downturn in oil and natural gas prices has hit hard, there is a simple way we can boost energy and tax revenue – cut natural gas waste at existing oil and gas well sites.
When development slows, it is important to maximize production and revenue at every well.
New Mexico ranks first in the nation for wasted natural gas from federal and tribal lands. And most of New Mexico’s natural gas waste occurs in the San Juan Basin, where NASA recorded a methane cloud hovering overhead. While the region is responsible for only 4 percent of total U.S. natural gas production, it is responsible for 17 percent of the nation’s overall natural gas waste….