SANTA FE, NM – For Fiscal Year 2020, Commissioner Stephanie Garcia Richard has requested additional budget appropriations for four new district resource managers tasked with overseeing oil and gas activity in the Permian Basin and resources to establish the Office of Renewable Energy.
Due to increased oil and gas operations in the southeastern part of the state, additional personnel are necessary to handle the exciting workload and provide adequate oversight. The formal creation of an Office of Renewable Energy within the Commercial Division will enable the Land Office to develop a more diverse and sustainable revenue source for the state land trust. The budget requests total $452,000, and would be paid through revenue the Land Office generates each year.