Sat Mar 8 5:17PM - 13 days, 17 hours left in session

House Bill 361

EMNRD Conversion of Certain Wells [view on nmlegis.gov]

Financial Analysis: FIR


Sponsor
Rep. Andrea Romero 46 Santa Fe

Status
HENRCPassed, Feb 18, with Do Pass recommendation
HJC[Referred, not scheduled]


"Official" History

This is the official nmlegis action history. I'm doing my best to translate the LONG/WEIRD-STRING to something less gibberishy. And before you ask, no, the "Legis Day" number has no mapping to the real world.

Actions: [5] HENRC/HJC-HENRC [7] DP-HJC

Legis DayActionDetails
5 referred HENRC/HJC
5 sent HENRC
7 passed HENRC (view committee report) DP 6-4; nays: Henry, Montoya, Murphy, Sena Cortez
7 sent HJC


This table shows bill actions detected on Ed's system, using heuristics that may not be 100% accurate and which may not reflect the "official" nmlegis chronology. It is probably more than you care to know.

Feb 11 filed: Well Repurposing Act
[new]
sent to HENRC
title: 'Well Repurposing Act' -> 'Emnrd Conversion of Certain Wells'
actions: 'HPREF' -> '[5] HENRC/HJC-HENRC'
new sponsor: Andrea Romero
Feb 15 scheduled for HENRC on Tue Feb 18, 08:30
Feb 18 passed HENRC; sent to HJC
actions: '[5] HENRC/HJC-HENRC' -> '[5] HENRC/HJC-HENRC [7] DP-HJC'
Mar 5 title: 'Emnrd Conversion of Certain Wells' -> 'EMNRD Conversion of Certain Wells'

HOUSE BILL 361

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

Andrea Romero

 

 

 

 

 

AN ACT

RELATING TO NATURAL RESOURCES; PROVIDING THAT THE ENERGY, MINERALS AND NATURAL RESOURCES DEPARTMENT MAY AUTHORIZE THE CONVERSION OF AN OIL OR GAS WELL INTO A FACILITY THAT PROVIDES ENERGY STORAGE OR DEVELOPS GEOTHERMAL ENERGY.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. A new section of Chapter 71 NMSA 1978 is enacted to read:

     "[NEW MATERIAL] SHORT TITLE.--This act may be cited as the "Well Repurposing Act"."

     SECTION 2. A new section of Chapter 71 NMSA 1978 is enacted to read:

     "[NEW MATERIAL] DEFINITIONS.--As used in the Well Repurposing Act:

          A. "energy storage" means the ability to capture energy sources at one time for use at a later time;

          B. "geothermal energy development" means the development of geothermal resources; and

          C. "geothermal resources" means the natural heat of the earth in excess of two hundred fifty degrees Fahrenheit, or the energy, in whatever form, below the surface of the earth present in, resulting from, created by or that may be extracted from this natural heat in excess of two hundred fifty degrees Fahrenheit, and all minerals in solution or other products obtained from naturally heated fluids, brines, associated gases and steam, in whatever form, found below the surface of the earth, but excluding oil, hydrocarbon gas and other hydrocarbon substances and excluding the heating and cooling capacity of the earth not resulting from the natural heat of the earth in excess of two hundred fifty degrees Fahrenheit, as may be used for the heating and cooling of buildings through an on-site geo-exchange heat pump or similar on-site system."

     SECTION 3. A new section of Chapter 71 NMSA 1978 is enacted to read:

     "[NEW MATERIAL] AUTHORIZATION OF OIL OR GAS WELL CONVERSION--ENERGY STORAGE--GEOTHERMAL ENERGY DEVELOPMENT.--The energy, minerals and natural resources department may authorize the conversion of an oil or gas well into a facility that provides or supports energy storage or geothermal energy development. When authorizing such a conversion, the department may establish fees and financial assurance requirements specific to the energy storage or geothermal development uses."

     SECTION 4. A new section of Chapter 71 NMSA 1978 is enacted to read:

     "[NEW MATERIAL] WELL REPURPOSED FOR ENERGY STORAGE--BENEFICIAL USE.--

          A. An oil or gas well that is authorized by the energy, minerals and natural resources department pursuant to the Well Repurposing Act to be used for energy storage and that is actively operated for energy storage shall not be considered an inactive or abandoned well and shall be considered a well that is being used for beneficial purposes.

          B. If an oil or gas well authorized for energy storage ceases storage operations for twelve months or longer, the well shall be plugged and abandoned pursuant to state law and rules issued by the oil conservation division of the energy, minerals and natural resources department."

     SECTION 5. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2025.

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Legislators: Democratic sponsorship Republican sponsorship Bipartisan sponsorship This indicates your legislator
(Highlights bills they sponsor, committees they sit in)
Bill Rows: Active -- hearings scheduled (NN) - sequence number in agenda Inactive -- no hearings scheduled
Bill Progress: Passed Failed Vote Tabled
Incomplete Data: Heard(?)
(was scheduled for hearing recently)
Heard Long Ago
(was scheduled for hearing many days ago)
(There is very little I can do about these because nmlegis.gov does not report real-time results)

This site pulls data from nmlegis.gov but is in no way associated with that site or the state of New Mexico. It's just a labor of love by Ed.

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