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Published: 31 December 2011 31 December 2011

WASHINGTON - U.S. Senator Jeff Bingaman today confirmed that New Mexico received $434.5 million in royalty payments in FY 2011 for energy production on federal lands in the state, an increase of $53.9 million from FY 2010. Only Wyoming received more royalties than New Mexico.
 
            “Under the Obama Administration, oil production and royalties are up in New Mexico. These royalty payments will bolster New Mexico's budget during this very difficult economic time,” Bingaman said.