New Mexico contemplates new powers for oil regulators
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February 22, 2017
SANTA FE, N.M. (AP) — The New Mexico Legislature may restore the state's authority to impose administrative penalties of up to $10,000 per day against oil and natural gas companies for violations of operating and environmental rules.
A Senate panel is scheduled Tuesday to consider a bill that broadens civil enforcement of the state Oil and Gas Act and increases the current $1,000 maximum penalty for administrative violations.
A 2009 state Supreme Court decision held that the Oil Conservation Division was not authorized to assess civil penalties and had to file a lawsuit in court to enforce reg...
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