THIS HAS BEEN A GOOD YEAR FOR OIL AND GAS LEASE REVENUE IN NEW MEXICO. IN FACT, STATE LAND COMMISSIONER AUBREY DUNN SAYS THE NEARLY 107-MILLION DOLLARS BROUGHT IN THIS FISCAL YEAR IS A RECORD. THE PREVIOUS HIGH WAS 102-MILLION DOLLARS IN 2012.
DUNN SAYS THIS YEAR, ABOUT 75-THOUSAND ACRES WERE SOLD AT AN AVERAGE ACRE COST OF 14-HUNDRED DOLLARS.
