Carlsbad – The New Mexico Economic Development Department announced today that Rangeland Energy has started construction of the Rangeland Integrated Oil System (RIO System) in the Delaware Basin region of southeast New Mexico and West Texas. Rangeland will create 50 new jobs at their site near Loving, about 20 miles outside of Carlsbad. Rangeland will invest up to $200 million for the entire system.
PR-nmeddRangelandEnergy-05-14-2014New Mexico Economic
Development Department
Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505-4147
Mailing Address:
New Mexico Economic
Development Department
P.O. Box 20003
Santa Fe, NM 87504-5003
Main number: (505) 827-0300 (se habla español)
The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.
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