New Mexico oil industry regulators took a leap toward reducing emissions in the state, adopting rules that require operators, both upstream and midstream, to capture 98% of natural gas waste by year-end 2026 among other requirements.

The unanimous action by New Mexico’s Oil Conservation Commission came March 25 after about two years spent gathering public comments, listening to testimony from stakeholders and conducting technical research in hopes of ending the practice of routine venting and flaring of natural gas in the state.

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