SF New Mexican Cites NMT Energy Expert in Natural Gas Article

June 8, 2020


Dr. Daniel Fine  comments on potential for natural gas rebound while petroleum prices remain low

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Santa Fe New Mexican reporter Jens Gould wrote a news article about the potential for natural gas prices to climb while petroleum prices remain low. He interviewed Dr. Daniel Fine, NMT's energy expert, for the article.

Here is an excerpt of the article with a link to the website at the bottom.

Oil bust could spur natural gas turnaround in San Juan Basin

By Jens Gould/Santa Fe New Mexican 

To say times are tough for energy companies in the San Juan Basin would be an understatement.

The market for natural gas is so bad right now that T. Greg Merrion has shut in nearly half of his family-owned company’s wells, most located in northwestern New Mexico.

But that could soon change.

If Merrion and key industry analysts are correct, there might be a silver lining in the oil crash caused by the coronavirus pandemic — it could end up helping northwestern New Mexico natural gas producers and even give a lift to state revenue in a time of crisis.

For the complete article, click here.