Tecton faces tough time in New Mexico

In today's Albuquerque Journal Business Outlook, "Tecton faces tough time in New Mexico," an article that seems to raise more questions than answers. Only Bill Dirks, CEO of Tecton Energy, LLC was interviewed. Excerpts below:

'"Tecton definitely doesn't believe the governor has acted legally in his personally imposed moratorium in not accepting state permits" that allow drilling, Dirks said." How is the Governor Richardson's moratorium illegal?

"Tecton is evaluating its legal position, but Dirks expects the U.S. Supreme Court will have to rule on any local government's role in permitting oil and gas projects. County government roadblocks to oil and gas projects are "happening all over the Western United States," he said. "The law of the land has left a lot of gray area between the rights of the state and the rights of the county and between the rights of the county and the rights of the municipality."'

"The Galisteo Basin "looks like a big unconventional oil trap" that resembles northwestern New Mexico's San Juan Basin. "We already know there is oil present and producible there because we've re-entered an existing well in the Galisteo Basin (and it is) producing commercial quantities."' (highlight added)

From a previous Drilling Santa Fe post concerning the only well (Black-Ferrill#1) in Santa Fe County to be re-entered:

Tuesday, March 11, 2008

Tecton Energy, LLC, Black Ferrill #1, Santa Fe County New Mexico, Oil Production

Per the New Mexico Energy, Minerals, Natural Resources Department (Oil Conservation Division -- OCD), the following is the oil production of the Houston-based Tecton Energy, LLC Black Ferrill #1 in Santa Fe County New Mexico that has been temporarily abandoned:

Monthly oil production for Black Ferrill #1, which was drilled to 2740 to 2764 feet in the Niabara formation:

Sept. 07: 4 barrels

Oct. 07: 6 barrels

Nov. 07: 2 barrels

Dec. 07: 15 barrels

To look up information about oil & gas wells in New Mexico, go to Energy, Minerals, Natural Resources Department (ENMRD click here) and put in the County, such as Santa Fe or Bernalillo, then put in an operator and click continue. (Edited for ease of the reader.)


Article posted at Common Ground United.