This is how the Governor plans to produce hydrogen:  $500 million capital appropriation from severance tax bonds for the Strategic Water Supply

"In addition, over 2 billion barrels of produced water were generated by oil and gas operations in 2022, of which 1.2 billion barrels were simply injected into deep wells for permanent disposal in New Mexico. Diverting just 3% of the produced water disposed of in injection wells to make hydrogen could result in enough energy to fully power over 2 million homes annually." 

Will NM pay the OG companies for their produced water?

Barbara

On Tue, Jan 9, 2024 at 9:11 AM Richard Mason via Action <action@mailman.swcp.com> wrote:

Gov. Lujan Grisham releases FY25 executive budget recommendation - Recommendation continues bold investments while maintaining fiscal responsibility   - Office of the Governor - Michelle Lujan Grisham (state.nm.us)

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