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Join us Nov. 14 to find out what's next in New Mexico's Permian Basin

bizjournals Wednesday, 16 October 2019
Energy production in New Mexico's Permian Basin has set records recently, and that's impacting everything from the state budget to our highway system. But history has brought many an upsurge and downturn to southeastern New Mexico's oil patch, and some industry observers expect a shakeout for the Permian and the energy industry could be coming. Halliburton recently cut hundreds of jobs in the Rockies. What's next for the Permian, and what opportunities and challenges will that present for business…
Credit: Wochit News - Published < > Embed
News video: Why Some American Oil Fields Are Standing Idle

Why Some American Oil Fields Are Standing Idle 00:40

Lea County, New Mexico, is the No.2 oil-producing county in the United States. But according to Reuters, equipment that should be generating one business owner $700,000 a month is standing idle. That's because there aren't enough documented workers to go around. In Lea County, Hispanics and Latinos...

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