Plugging New Mexico’s abandoned oil and gas wells could create more than 65,000 jobs and billions of dollars in wages according to a new study. But the analysis also indicated there’s a big if—–“if” the federal government helped.
A report published Tuesday by New Mexico-based O’Donnell Economics pointed to the economic boost well plugging could create but also contended federal funds were needed for the State to reap the benefits reported the Carlsbad Current Argus.