Lea County News

Maybe the recession is loosening its grip. We're starting to see some new economic development prizes around the state.

Soon to be established by Pegasus Global Holdings - at a cost of a cool $1 billion - the Center for Innovation, Testing and Evaluation [PDF] will exist solely to test the urban and suburban technologies of the future.

Caza Oil & Gas Inc. is pleased to provide an operational update on the Company's drilling activities in southeast New Mexico.

According to Robert Julyan's "The Place Names of New Mexico," Scott was a settlement in Lea County.

Today, mail is transported by air, truck or electronically across the country. But there was a time in our history when brave riders mounted their horses and galloped across the country to deliver mail.

FROM LEA COUNTY PRESS RELEASE: LOVINGTON, NM -Lea County Sheriffs Department Sergeant Jason Daugherty and Deputy Kevin Hamby arrested Jesus Arenivas of Lovington and Paul Litty Jr, of Hobbs early this morning after a pursuit which at times exceeded 100 mph.

So it comes as no surprise that the Eddy County Commission on Tuesday issued a proclamation stating its undying support of the industry and urging the state to create and maintain a positive business climate for the county's bread and butter.

If a $1 billion ghost town sounds to you like the set of sci-fi movie, think again.

Private international technology development firm Pegasus Global Holdings, LLC, is creating a 400 acre city in Lea County, New Mexico that is big enough to house 35,000 people.

Welcome to Hobbs, New Mexico. Population: zero. Well, not exactly zero . . . yet.

This will be a high tech city comprised of urban, suburban and rural environments and a mix of new and aging infrastructure.

FieldPoint Petroleum Corp. reported an 89 percent hike in revenue in first-quarter 2012, thanks to its newly gushing East Lusk oil and gas well in Lea County.

While we were disappointed to learn that Pegasus Global Holdings has selected Hobbs and not Las Cruces for the site of its Center for Innovation, Testing and Evaluation, we're not sure what local officials could have done differently to lure the mock city here.

Last year, we reported onA The Center for Testing, Evaluation and Innovation - a town that would be built overA 20 square miles of virgin desert in Lea County, New Mexico in order to test sustainable infrastructure and technologies.

Remember the "Tomorowland" attraction at Disney? It was a "town" that displayed Disney's idea of what the future would look like, with all kinds of gallatic gizmos and futuristic home concepts.

A combination of Twitter and pitchfork, the term was first recorded in Urban Dictionary in 2009 but gained currency in the past year as a way of describing viral mobs who bombard their targets with verbal bile and threats of physical harm - mostly anonymously.

An artist rendering showing the $US1 billion scientific ghost town that will be developed in Lea County near Hobbs, New Mexico.

A "world first" $1bn scientific ghost city will be built in New Mexico to test the latest next-generation technology.

The trade covers the Bone Spring formation only, and sets up twelve horizontal Bone Spring locations to be drilled in 2012 and 2013.

Hobbs and Lea County, not Las Cruces and Doa Ana County, will be the location of the $1 billion Center for Innovation, Testing and Evaluation .