New Mexico demands higher oil well bonding

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Two drilling rigs operate in New Mexico.
Two drilling rigs operate in New Mexico.

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Adrian HeddenCarlsbad Current-Argusachedden@currentargus.com About 1,000 abandoned oil and gas wells were plugged at the expense of New Mexico taxpayers in the last 20 years. That’s according to a June 2025 report by the state’s Legislative Finance Committee, which also reported…

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