FUELING NEW MEXICO THE OIL & NATURAL GAS INDUSTRY S IMPACT ON OUR SCHOOLS
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- Raymond Briggs
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1 FUELING NEW MEXICO THE OIL & NATURAL GAS INDUSTRY S IMPACT ON OUR S
2 ALETTERFROM OUR Anew eraisonthehorizonfornew Mexico.AsNew Mexico spoliticalleadershipshifts,an unprecedentedenergyrenaissanceistakingplaceacrossamericaandrighthereinthe LandofEnchantment. LatelastyearitwasreportedthattheUnitedStatesbecamethelargestproducerofcrude oilintheworld,drivenlargelybythegrowthofenergyproductioninplaceslikenew Mexico. ThisachievementgivestheUnitedStatesgreatercontrolofourenergyfuture,makingour countrymoresecure,andalowingcommunitiesandeconomiestoflourish. Thankstounprecedentedoilandnaturalgasproduction,New Mexiconow flourisheslike neverbefore.thestrengthofouroilandgasindustrytranslatesintostrongcommunities, providingjobsandinvestmentintoareasofourstatelikefarmington,hobbs,artesia,and Carlsbad,amongothers.Thesecommunitiesaretheheartbeatofouroilandgasindustry,responsibleformorethan100,000jobs innew Mexico.Yetthebenefitsoftheindustryarefeltineverycornerofourstate. Oilandnaturalgasproductionisthesinglelargestsourceofrevenueforourstate sbudget,havingprovided$2.2bilioninfiscal year2018andcurentlyprovidingthestatewithabilion-dolarbudgetsurplus.nowhereisthatimpactmoreevidentthanour publicschoolswheretheoilandnaturalgasindustrycontributedmorethan$822.3miliontohelpour330,000schoolchildren havethebesteducationpossible.anadditional$240.5milionsupportedcolegesanduniversitiesincludingtheuniversityofnew MexicoandNew MexicoStateUniversity. HelpingpavethewayforfuturegenerationsofNew Mexicansisaresponsibilityourindustryshareswitheveryonewhocaresabout thisstate,andthisresponsibilityisnotlimitedtoprovidingsupportforourschools.wetakeseriouslyourcommitmenttosafely produceenergyandprotecttheenvironmentatthesametime.wecanandwilcontinuetoreduceairemissions,responsibly manageourlands,andconservewater.that sourpromisetoalnew Mexicanstodayandtomorow. ThefutureisbrightforNew Mexico,andthisreporthighlightshow theoilandgasindustryisdoingourparttomakeourstate strongerandbeterforfuturegenerations.new Mexicohasvastpotential,andworkingtogetherthereisnolimittowhatwecan accomplishasastate. YoursTruly, RyanFlynn ExecutiveDirector New MexicoOilandGasAssociation
3 THEIMPACTOFOILAND GASON THEGENERALFUND REVENUEATTRIBUTABLETO THEOILANDGASINDUSTRYFOR THEGENERALFUNDINCREASED BY$465MILLIONFROM FY17. GENERALFUND REVENUESATTRIBUTED TO OILAND GASPRODUCTION THROUGH THEYEARS $5,191 $5,489 $5,842 $5,747 $6,075 $6,221 $5,859 $5,886 $6, % 32% 31% 31% 35% 32% 28% 30% 32% $1,793 $1,777 $1,809 $1,802 $2,087 $1,973 $1,635 $1,742 $2, FY2010 FY201 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 ($MILLIONS) TOTALGENERALFUNDREVENUE TOTALGENERALFUNDREVENUEATTRIBUTEDTO OIL&GAS
4 THEIMPACTOFOILAND GASON THEGENERALFUND FY18GENERALFUND REVENUEATTRIBUTED TO OILAND GASPRODUCTION ($MILLIONS) 32.00% GRAND TOTALREVENUES O&G SHARE:$2, TOTAL:$6, % GROSSRECEIPTSTAX O&G SHARE:$ TOTAL:$2, % COMPENSATING TAX O&G SHARE:$ TOTAL:$ % PERSONALINCOMETAX O&G SHARE:$96.8O TOTAL:$1, % CORPORATEINCOMETAX O&G SHARE:$22.80 TOTAL:$ % OIL& GASTAX O&G SHARE:$ TOTAL:$ % OIL& GASCONSERVATION TAX O&G SHARE:$22.40 TOTAL:$ % NATURALGASPROCESSORSTAX O&G SHARE:$10.80 TOTAL:$ % LAND GRANTPERM.FUND INCOME O&G SHARE:$ TOTAL:$ % EARNINGSON STATEBALANCES O&G SHARE:$1.90 TOTAL:$ % SEVTAXPERM.FUND INCOME O&G SHARE:$ TOTAL:$ % FEDERALMINERALLEASING O&G SHARE:$ TOTAL:$ % LAND OFFICEINCOME O&G SHARE:$79.40 TOTAL:$ % MISCELLANEOUSRECEIPTS O&G SHARE:$0.90 TOTAL:$ % REVERSIONS O&G SHARE:$23.90 TOTAL:$79.80
5 THEOILAND GASINDUSTRY SBENEFITSTO NEW MEXICO S THEOILANDGASINDUSTRYCONTRIBUTESNEARLYONE-THIRD OFTHEFUNDING FOROURS,INFRASTRUCTURE, HEALTHCARE,ANDPUBLICSAFETY MORETHAN ANYOTHER INDUSTRYIN NEW MEXICO. TOTALEDUCATION FUNDINGIN NEW MEXICO ISSUPPORTED BYTHEOILANDNATURALGASINDUSTRY $1,062,828,796 $822,300,741 TOTALAMOUNT:K-12 $240,528,055 TOTALAMOUNT: HIGHEREDUCATION $38,179 AVG.AMOUNTPERTEACHER $2, AVG.AMOUNTPERSTUDENT $822,300,741COULD PROVIDENEW MEXICO SWITH 17,496 7, ,877,708 1,747,153 2,491,820
6 THEOILAND GASBENEFITSTO NEW MEXICO THEOILANDGASINDUSTRYCONTRIBUTESNEARLYONE-THIRD OFTHEFUNDING FOROURS,INFRASTRUCTURE, HEALTHCARE,ANDPUBLICSAFETY MORETHAN ANYOTHER INDUSTRYIN NEW MEXICO. VITALINFRASTRUCTURE OILANDGASFUNDSSUPPORTTHECONSTRUCTIONOF NEW ROADSANDHIGHWAYSTO KEEPNEW MEXICO ON THEMOVE. $ NEW MEXICO GENERALFUND THEOILANDNATURALGASINDUSTRYSUPPORTS ONE-THIRD,OR$2BILLION,OFTHESTATE'SANNUAL BUDGET. PUBLICSAFETY OILANDNATURALGASHELPNEW MEXICO PUTMORE PUBLICSAFETYOFFICERSONTHESTREETS,KEEPING OURCOMMUNITIESSAFE. ECONOMICGROWTH THERAPIDLYEXPANDINGOILANDNATURALGAS INDUSTRYISGROWINGNEW MEXICO'SECONOMYAND PUTTINGMORENEW MEXICANSTO WORK. FUNDING FORLOCALS STUDENTSANDRECEIVEMORETHAN$1 BILLIONEACHYEARTO SUPPORTNEW MEXICO'S S. RAINYDAY FUND SECUREDBYOILANDNATURALGASROYALTIES,A FUNDFORNEW MEXICO'SFUTUREGENERATIONSTO BENEFITPUBLICS. MOREJOBS MORETHAN100,000NEW MEXICANSAREEMPLOYED ASARESULTOFOILANDNATURALGASPRODUCTION INNEW MEXICO. AMERICAN ENERGYSECURITY PRODUCINGOILANDNATURALGASINNEW MEXICO MAKESAMERICALESSRELIANTONOTHERCOUNTRIES FOROURENERGYNEEDS.
7 BERNALILLO COUNTY 676,773 95, K-12S 6,379 $241,657,789OFTHE$748,166,529THAT BERNALILOCOUNTYRECEIVESFORK-12 EDUCATIONISSUPPORTEDBYTHEOILAND NATURALGAS $105,226,682OFTHE$325,79,200THAT BERNALILLOCOUNTYRECEIVESFORHIGHER EDUCATIONISSUPPORTEDBYTHEOILAND NATURALGAS TOTALEDUCATION FUNDINGIN BERNALILLO COUNTYIS $346,884,470 $241,657,789COULD PROVIDEBERNALILLO SWITH 5,142 2,197 13,989,523 3,452, ,296
8 CATRON COUNTY 3, K-12S 34 $1,055,485OFTHE$3,267,756THATCATRON $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN CATRON COUNTYIS $1,055,485 $1,055,485COULD PROVIDECATRON SWITH ,078 3,198
9 CHAVESCOUNTY 64,866 12, K-12S 767 $28,870,837OFTHE$89,383,397THATCHAVES $4,510,986OFTHE$13,965,900THATCHAVES COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN CHAVESCOUNTYIS $33,381,823 $28,870,837COULD PROVIDECHAVESSWITH ,618, ,441 87,487
10 CIBOLA COUNTY 26,853 3, K-12S 247 $8,685,106OFTHE$26,888,873THATCIBOLA $1,072,392OFTHE$3,320,100THATCIBOLA COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN CIBOLACOUNTYIS $9,757,498 $,685,106COULD PROVIDECIBOLASWITH ,096, ,073 26,319
11 COLFAXCOUNTY 12,174 1, K-12S 153 $5,249,759OFTHE$16,253,125THATCOLFAX $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN COLFAXCOUNTYIS $5,249,759 $5,249,759COULD PROVIDECOLFAXSWITH ,476,301 74,997 15,908
12 CURRYCOUNTY 49,812 9, K-12S 577 $21,766,161OFTHE$67,387,495THATCURRY $3,025,541OFTHE$9,367,00THATCURRY COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN CURRYCOUNTYIS $24,791,702 $21,766,161COULD PROVIDECURRYSWITH ,267, ,945 65,958
13 DEBACA COUNTY 1, K-12S 29 $1,019,761OFTHE$3,157,156THATDEBACA $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN DEBACACOUNTYIS $1,019,761 $1,019,761COULD PROVIDEDEBACASWITH ,019 14,568 3,090
14 DOÑA ANA COUNTY 215,579 39, K-12S 2,442 $97,566,806OFTHE$302,064,416THATDOÑA ANA $56,877,619OFTHE$176,091,700THATDOÑAANA COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN DOÑAANACOUNTYIS $154,444,425 $97,566,806COULD PROVIDEDOÑAANASWITH 2, ,022,078 1,393, ,657
15 EDDYCOUNTY 56,997 10, K-12S 637 $29,443,083OFTHE$91,155,055THATEDDY $1,351,917OFTHE$4,185,500THATEDDYCOUNTY RECEIVESFORHIGHEREDUCATIONISSUPPORTED BYTHEOILANDNATURALGAS TOTALEDUCATION FUNDINGIN EDDYCOUNTYISSUPPORTED BYTHEOILANDNATURALGASINDUSTRY $30,794,999 $29,443,083COULD PROVIDEEDDYSWITH ,888, ,615 89,221
16 GRANTCOUNTY 27,687 4, K-12S 280 $12,101,192OFTHE$37,464,992THATGRANT $6,137,194OFTHE$19,000,600THATGRANT COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN GRANTCOUNTYIS $18,238,386 $12,101,192COULD PROVIDEGRANTSWITH ,708, ,874 36,670
17 GUADALUPECOUNTY 4, K-12S 61 $2,343,386OFTHE$7,255,065THATGUADALUPE $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN GUADALUPECOUNTYIS $2,343,386 $2,343,386COULD PROVIDEGUADALUPESWITH ,105,371 33,477 7,101
18 HARDING COUNTY K-12S 18 $844,192OFTHE$2,613,599THATHARDING $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN HARDINGCOUNTYIS $844,192 $844,192COULD PROVIDEHARDING SWITH ,204 12,060 2,558
19 HIDALGO COUNTY 4, K-12S 52 $2,384,484OFTHE$7,382,304THATHIDALGO $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN HIDALGO COUNTYIS $2,384,484 $2,384,484COULD PROVIDEHIDALGO SWITH ,124,757 34,064 7,226
20 LEA COUNTY 68,759 15, K-12S 913 $35,937,428OFTHE$1,261,387THATLEA $1,963,194OFTHE$6,078,000THATLEACOUNTY RECEIVESFORHIGHEREDUCATIONISSUPPORTED BYTHEOILANDNATURALGAS TOTALEDUCATION FUNDINGIN LEACOUNTYISSUPPORTED BYTHEOILANDNATURALGASINDUSTRY $37,900,622 $35,937,428COULD PROVIDELEASWITH ,951, , ,901
21 LINCOLN COUNTY 19,395 2, K-12S 189 $7,817,920OFTHE$24,204,087THATLINCOLN $625,360OFTHE$1,936,100THATLINCOLN COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN LINCOLN COUNTYIS $8,443,280 $7,817,920COULD PROVIDELINCOLN SWITH ,687,698 1,685 23,691
22 LOSALAMOSCOUNTY 18,738 3,578 7 K-12S 256 $9,01,706OFTHE$27,900,019THATLOSALAMOS $552,459OFTHE$1,710,400THATLOSALAMOS COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN LOSALAMOSCOUNTYIS $9,564,165 $9,01,706COULD PROVIDELOSALAMOSSWITH ,250, ,739 27,308
23 LUNA COUNTY 24,078 5, K-12S 344 $13,419,322OFTHE$41,545,888THATLUNA $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN LUNACOUNTYISSUPPORTED BYTHEOILANDNATURALGASINDUSTRY $13,419,322 $13,419,322COULD PROVIDELUNASWITH ,329, ,705 40,665
24 MCKINLEYCOUNTY 72,564 13, K-12S 886 $24,217,874OFTHE$74,618,935THATMCKINLEY $2,777,542OFTHE$8,599,200THATMCKINLEY COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN MCKINLEYCOUNTYIS $26,995,416 $24,217,874COULD PROVIDEMCKINLEYSWITH ,423, ,970 73,387
25 MORA COUNTY 4, K-12S 49 $1,997,655OFTHE$6,184,689THATMORA $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN MORACOUNTYIS $1,997,655 $1,997,655COULD PROVIDEMORASWITH ,290 28,538 6,054
26 OTERO COUNTY 65,817 6, K-12S 420 $18,769,061OFTHE$58,108,549THATOTERO $2,743,336OFTHE$8,493,300THATOTERO COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN OTERO COUNTYIS $21,512,397 $18,769,061COULD PROVIDEOTERO SWITH ,853, ,129 56,876
27 QUAYCOUNTY 8,306 1, K-12S 112 $5,080,748OFTHE$15,729,871THATQUAY $1,329,080OFTHE$4,14,800THATQUAY COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN QUAYCOUNTYISSUPPORTED BYTHEOILANDNATURALGASINDUSTRY $6,409,829 $5,080,748COULD PROVIDEQUAYSWITH ,396,579 72,583 5,396
28 RIO ARRIBA COUNTY 39,159 5, K-12S 388 $14,970,341OFTHE$46,347,806THATRIOARRIBA $3,371,571OFTHE$10,438,300THATRIOARRIBA COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN RIO ARRIBACOUNTYIS $18,341,912 $14,970,341COULD PROVIDERIO ARRIBASWITH ,061, ,862 45,365
29 ROOSEVELTCOUNTY 18,847 3, K-12S 245 $9,523,222OFTHE$29,483,658THATROOSEVELT $9,640,839OFTHE$29,847,800THAT ROOSEVELTCOUNTYRECEIVESFORHIGHER EDUCATIONISSUPPORTEDBYTHEOILAND NATURALGAS TOTALEDUCATION FUNDINGIN ROOSEVELTCOUNTYIS $19,164,061 $9,523,222COULD PROVIDEROOSEVELTSWITH ,492, ,046 28,858
30 SANDOVALCOUNTY 142,507 21, K-12S 1,335 $58,529,239OFTHE$181,205,074THATSANDOVAL $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN SANDOVALCOUNTYIS $58,529,239 $58,529,239COULD PROVIDESANDOVALSWITH 1, ,608, , ,361
31 SAN JUAN COUNTY 126,926 24, K-12S 1,502 $49,767,930OFTHE$154,080,280THATSANJUAN $7,399,090OFTHE$22,907,400THATSANJUAN COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN SAN JUAN COUNTYIS $57,167,020 $49,767,930COULD PROVIDESAN JUAN SWITH 1, ,475, , ,812
32 SAN MIGUELCOUNTY 27,748 3, K-12S 236 $1,073,914OFTHE$34,284,562THATSAN MIGUEL $1,951,581OFTHE$37,001,800THATSAN MIGUELCOUNTYRECEIVESFORHIGHER EDUCATIONISSUPPORTEDBYTHEOILAND NATURALGAS TOTALEDUCATION FUNDINGIN SAN MIGUELCOUNTYIS $23,025,495 $1,073,914COULD PROVIDESAN MIGUELSWITH ,223, ,199 33,557
33 SANTA FECOUNTY 148,750 21, K-12S 1,406 $50,013,964OFTHE$154,841,995THATSANTAFE $5,712,513OFTHE$17,685,800THATSATAFE COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN SANTAFECOUNTYIS $55,726,478 $50,013,964COULD PROVIDESANTAFESWITH 1, ,591, , ,557
34 SIERRA COUNTY 11,116 1,329 5 K-12S 89 $3,425,305OFTHE$10,604,659THATSIERRA $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN SIERRACOUNTYIS $3,425,305 $3,425,305COULD PROVIDESIERRASWITH ,615,710 48,933 10,380
35 SOCORRO COUNTY 16,798 2, K-12S 164 $6,146,783OFTHE$19,030,288THATSOCORRO $1,420,343OFTHE$35,357,100THATSOCORRO COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN SOCORRO COUNTYIS $17,567,126 $6,146,783COULD PROVIDESOCORRO SWITH ,899,426 87,81 18,627
36 TAOSCOUNTY 32,795 4, K-12S 318 $12,706,670OFTHE$39,339,536THATTAOS $1,129,822OFTHE$3,497,900THATTAOS COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN TAOSCOUNTYISSUPPORTED BYTHEOILANDNATURALGASINDUSTRY $13,836,492 $12,706,670COULD PROVIDETAOSSWITH ,993, ,524 38,505
37 TORRANCECOUNTY 15,506 3, K-12S 255 $5,734,652OFTHE$17,754,339THATTORRANCE $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN TORRANCECOUNTYIS $5,734,652 $5,734,652COULD PROVIDETORRANCESWITH ,705,025 81,924 17,378
38 UNION COUNTY 4, K-12S 59 $2,015,950OFTHE$6,241,330THATUNION $240,528,055OFTHE$744,668,900THATNEW MEXICORECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN UNION COUNTYIS $2,015,950 $2,015,950COULD PROVIDEUNION SWITH ,920 28,799 6,109
39 VALENCIA COUNTY 75,940 12, K-12S 709 $29,153,015OFTHE$90,257,013THATVALENCIA $1,708,993OFTHE$5,291,000THATVALENCIA COUNTYRECEIVESFORHIGHEREDUCATIONIS TOTALEDUCATION FUNDINGIN VALENCIACOUNTYIS $30,862,008 $29,153,015COULD PROVIDEVALENCIASWITH ,751, ,472 88,342
![[THEOILANDGASINDUSTRY]PUTSINTO EDUCATION.](/docs-images/95/123939840/images/40-5.jpg "\" -CHRISTINA,TEACHER \"MYKIDSWILLGO TO")
40 THEIMPACTOFOILAND GASIN COMMUNITIES "I'M THANKFULTO THEOILANDGASINDUSTRYFORTHE $306MILLION IT'SGIVEN TO EDUCATION IN OURCOUNTY." -SERRI,TEACHER,BERNALILLO COUNTY "THEPUBLICSBENEFITFROM THEOILANDGAS IUNDERSTANDTHAT$1.6BILLION WASGIVEN TO NEW MEXICO'SPUBLICEDUCATION" -CONNIE,TEACHER,LASCRUCES "I'M MOSTTHANKFULFORTHEAMOUNTOFMONEY [THEOILANDGASINDUSTRY]PUTSINTO EDUCATION." -CHRISTINA,TEACHER "MYKIDSWILLGO TO COLLEGEBECAUSEOFTHEECONOMIC IMPACTOILANDGASHASHADON THISCOMMUNITY." -JENNIFER,ENGINEER,ARTESIA "THEOILINDUSTRYHASDEFINITELYPROVIDEDAWAYFORMETO GIVEMYKIDSWHATIDIDN'THAVEGROWING UP." -CURTIS,OILANDGASEMPLOYEE,CARLSBAD "OILANDGASISINCREDIBLYIMPORTANT.WE'REJUSTVERY THANKFULFORALLITPROVIDESFOROURS ANDFAMILIES." -COMMISSIONERJONHENRY,ARTESIA
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