LAST WEEK WE TOLD YOU ABOUT THE RECORD-TYING OIL AND GAS RIG COUNT IN THE STATE. THE TALLY WAS 103 RIGS, WITH 101 OF THOSE IN THE PERMIAN BASIN OF SOUTHEASTERN NEW MEXICO. RYAN FLYNN WITH THE NEW MEXICO OIL AND GAS ASSOCIATION SAYS THE INDUSTRY IS WORKING WITH THE VARIOUS STAKEHOLDERS IN LOCAL COMMUNITIES TO MAKE SURE THEY ARE ABLE TO KEEP PACE WITH THE GROWTH.
HE SAYS THIS IS NOT A BOOM-THEN-BUST SCENARIO FOR THOSE COMMUNITIES. HE SAYS THIS WILL BE A PROLONGED PERIOD OF GROWTH, WHICH IS GOOD NEWS FOR THE STATE. FLYNN SAYS EACH OIL OR GAS RIG NEEDS ABOUT 50 WORKERS WITH SALARIES IN THE RANGE OF 75-THOUSAND DOLLARS A YEAR.
