Fracking Boom to Hit New Mexico

 by Kevin Robinson-Avila / from the Albuquerque Journal

 

FARMINGTON — Preliminary results from Mancos shale wells in northwestern New Mexico are boosting industry excitement about a new oil and gas boom in the region.

Companies must learn a lot more about the shale formation before any gushers explode, but some of the 22 exploratory wells drilled to date have shown solid commercial potential for oil and gas production, according to industry executives who attended a conference this week in Farmington to discuss production potential in the Mancos play, a previously untapped section of the San Juan Basin.