Record oil and gas tax collections in southeast New Mexico

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Oil and gas production has been so strong in far southeast New Mexico where part of the Permian Basin extends, that one county’s production tax collections are $20 million higher than for all of last year’s fiscal year.

Eddy County has just two months remaining in the 2023 fiscal year and collected $8 million in the month of March reported thee Carlsbad Current-Argus.

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