New Mexico modernizes oil, gas industry bonding, cleanup rules, now among nation’s strongest
July 8, 2026
The New Mexico Oil Conservation Commission voted Wednesday to reform outdated oil and gas bonding and cleanup rules, adopting some of the strongest safeguards in the country to prevent orphan wells and ensure oil and gas corporations pay to clean up the wells they drill and operate. “This decision comes down to the simple idea most New Mexicans agree on: If you drill it, you clean it