RECYCLED WATER & STRATEGIC WATER RESERVE

It’s no secret that water is a scarce and precious resource in the Land of Enchantment. Water is also necessary for many manufacturing and renewable energy development processes. The Produced Water Act passed in 2019 set up multiple pilot projects with oil and gas producers to pave the way for produced water, rather than fresh groundwater, to be used in oil and gas production

Recently the Governor announced a $500M Strategic Water Reserve for the state to be an end use purchaser of produced water - a game changer for economic development in our state. Companies are now incentivized to recycle produced water, making it available for manufacturing processes, green hydrogen development, and many other industrial uses.