underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 HOUSE BILL 258 57 TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION , 2025 INTRODUCED BY Matthew McQueen and Kristina Ortez AN ACT RELATING TO NATURAL RESOURCES; PROVIDING NATURAL GAS CAPTURE REQUIREMENTS FOR THE OPERATOR OF AN OIL OR GAS WELL OR NATURAL GAS GATHERING SYSTEM; PROVIDING EXCEPTIONS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. A new section of the Oil and Gas Act is enacted to read: "[NEW MATERIAL] NATURAL GAS CAPTURE REQUIREMENTS--RULES.-- A. Beginning January 1, 2027, an operator shall ensure that at least ninety-eight percent of the natural gas produced or gathered by the operator's facilities is captured in a calendar year; provided that natural gas shall not be included in the determination of an operator's overall capture percentage if that gas is: (1) released during an emergency; .230060.1 underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 (2) beneficially used by the operator; (3) not suitable for transportation or processing due to nitrogen, hydrogen sulfide or carbon dioxide concentrations; (4) vented as a result of the normal operation of pneumatic controllers and pumps; or (5) vented or flared from an exploratory well. B. The division shall promulgate rules necessary to implement the provisions of this section. C. As used in this section, "operator" means a person that is duly authorized to construct, manage or operate an oil or gas well or associated facilities or a natural gas gathering system." - 2 - .230060.1