The Permian Basin Development Makes New Mexico a Critical Player in U.S. Oil Production

 

Amidst an ongoing boom in crude oil production in the Permian Basin, an unanticipated focal point has arisen: New Mexico. Over the last two years, the state has contributed to an astonishing 50% of the total increase in oil production from this prolific oil and gas region. The stakes are high, and the unique dynamics of New Mexico’s oil and gas industry are attracting global attention. Will the state maintain its production levels while addressing environmental and infrastructural challenges?

What factors have enabled New Mexico’s rise as a significant oil and gas production player? How is the state navigating regulatory hurdles, environmental concerns, and infrastructural challenges? In a region often overlooked, how has New Mexico managed to defy the odds and achieve such monumental growth in the oil and gas sector?

Gasonomics, hosted by Tim Snyder, Chief Economist at Matador Economics, dives into these questions as he welcomes Willis Scharmer, Energy Expert at ExecHQ, to unpack the intricacies of New Mexico’s oil and gas industry. The discussion elucidates the current state of the industry, its potential challenges, and future prospects.

Key points discussed during the episode include:

  • Understanding the geographical and geological factors that have contributed to the rise in crude oil production in New Mexico
  • An in-depth discussion about the regulatory landscape in New Mexico and how the industry has managed to thrive despite it
  • An overview of the ongoing initiatives to manage environmental impact, including efforts in methane capture and emission reductions

Willis Scharmer brings a wealth of experience in the energy sector. Currently serving as a principal at ExecHQ and heading the energy sector with this consulting consortium, Willis has spent over three decades honing his skills in management, technical matters, and business advising at the corporate level and entrepreneurial development. His professional journey spans various industries, including automotive, energy, healthcare, consulting, and artificial intelligence. Willis holds a mechanical engineering undergraduate degree and an engineering management postgraduate degree from the University of Colorado, Boulder.

Follow us on social media for the latest updates in B2B!

Image

Latest

whole health index
Whole Health Index
May 22, 2025

Dr. Sam Ambewadikar returns to break down Anthem’s Whole Health Index (WHI)—a powerful tool that distills medical, social, environmental, and behavioral data into a single score (0–100) to identify members most at risk. By surfacing factors like transportation deserts, housing instability, or food insecurity, WHI enables Anthem care managers and advocates to proactively match members…

Read More
pcp
PCP Attribution Analysis
May 22, 2025

Dr. Sam Ambewadikar, RVP and Medical Director at Anthem National Accounts, joins Brent to unpack the power of primary care attribution analysis—a tool he helped pioneer to spotlight the clinical and financial impact of members not having an established PCP. Drawing from his background as a practicing pediatrician and claims analytics leader, Dr. Sam shares…

Read More
sydney health
Sydney Health Demo
May 22, 2025

In this episode, Christina Firouztash, Executive Advisor of Digital Solutions at Anthem, gives a dynamic walkthrough of the Sydney Health app—Anthem’s flagship digital member experience. Christina showcases how Sydney delivers personalized, simple, and equitable navigation across benefits, including virtual care, pharmacy, financial transparency, and social services access. From contextual chatbots and ID card access to…

Read More
pharmacy
Pharmacy Part 1
May 22, 2025

In this episode, Brent chats with Katie Brennan, National Sales Director at CarelonRx, about making pharmacy benefits more accessible, consistent, and member-friendly. Katie spotlights Carelon new advanced home delivery model, which brings the pharmacy counter—and the pharmacist—into the member’s home. With fewer retail pharmacies offering extended hours and many patients lacking reliable transportation, CarelonRx is…

Read More