Search results for: ""

As the Colorado oil and gas industry struggles to overcome a global oil glut and crashing prices, landowners and school districts that benefit from mineral royalty payments are feeling the pinch, too.

Oil and gas production was the driving force behind a record revenue haul in the fiscal year that just ended in New Mexico, says the State Land Office. Education and economic development officials applauded the news as the industry continues to provide a steady revenue stream for public services and new job growth.