New Mexico Oil & Gas Activity
New Mexico statewide summary oil and gas data that goes back to 1973 and contains information on the 113,374 wells that have been drilled in the state since that time. New Mexico is ranked #2 in the US based on Barrels of Oil Equivalent (BOE) produced in Nov 2023. You will also find information on the producers of wells as well as recent drilling permits, rigs and production data for producing wells which start in Jul 1973 and go through Jan 2024.
New Mexico State Summary Stats
New Mexico Oil & Gas State Income: | $501,930,065,704 |
National Energy Production Rank: | #2 |
New Mexico Map of Current Permits and Wells
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New Mexico Frequently Asked Questions
Questions | Answers |
---|---|
How does New Mexico rank in the nation for oil and gas production? | New Mexico currently ranks #2 in the nation based on barrels of oil equivalent (BOE) production. |
How many wells were drilled in New Mexico so far this year? | New Mexico has had 113,374 wells drilled this year. |
How many approved permits are there in New Mexico? | There have been 8,481 permits approved in New Mexico. |
What is the average boe produced by well in New Mexico? | 2,061 BBLs of oil equivalent (BOE) is the average amount produced by a single well in New Mexico |
How many active producers are there in New Mexico? | There are currently 276 active producers in the state of New Mexico. |
What is the average depth an oil or gas well is drilled in New Mexico? | 6,702 feet is the average depth of a well in New Mexico. |
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New Mexico Oil & Gas Activity Stats
Category | Last Year Value | Current Year Value | YoY Trend | YoY % Change |
---|---|---|---|---|
Total Wells | 112,658 | 113,374 | Up | 0.64% |
Total Producing Wells | 48,559 | 48,302 | Down | -0.53% |
Percentage of Wells Producing | 43% | 43% | Down | -1% |
Active Producers | 320 | 276 | Down | -14% |
Total Permits | 10,846 | 8,481 | Down | -22% |
Average Well Depth | 6,700 | 6,702 | Up | 0% |
Average BOE per Well | 1,872 | 2,061 | Up | 10% |
Insight Scores
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Other States By Production Rank
Rank | State | Most Recent Month | Oil Produced | Gas Produced |
---|---|---|---|---|
# 1 | Texas | Oct 2023 | 132.8M BBL | 559.1M MCF |
# 2 | New Mexico | Nov 2023 | 55.8M BBL | 262.5M MCF |
# 4 | North Dakota | Nov 2023 | 36.1M BBL | 101.2M MCF |
# 5 | Louisiana | Oct 2023 | 2.4M BBL | 320.1M MCF |
# 5 | Arkansas | May 2023 | 928.6K BBL | 280.7M MCF |
# 6 | Pennsylvania | Dec 2023 | BBL | 275.7M MCF |
# 7 | Colorado | Oct 2023 | 14.4M BBL | 182.8M MCF |
# 8 | Ohio | Dec 2018 | 2.1M BBL | 224.6M MCF |
# 9 | West Virginia | Dec 2018 | 1.2M BBL | 166.1M MCF |
# 10 | California | Apr 2023 | BBL | MCF |
# 10 | Wyoming | Oct 2023 | 6.1M BBL | 125.1M MCF |
# 11 | Oklahoma | Jul 2023 | 7.9M BBL | 80.4M MCF |
# 12 | Utah | Aug 2023 | 5M BBL | 25.1M MCF |
# 13 | Mississippi | Oct 2023 | 1.2M BBL | 16.5M MCF |
# 14 | Montana | Oct 2023 | 1.9M BBL | 9.8M MCF |
# 15 | Alabama | Sep 2023 | BBL | MCF |
# 15 | Kansas | Sep 2023 | BBL | 8.3M MCF |
# 16 | Michigan | Jun 2023 | BBL | MCF |
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Annual New Mexico Oil & Gas Production
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New Mexico Oil & Gas Wells Completed by Year
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New Mexico Oil & Gas Permits by Year
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Top Oil & Gas Producers by BOE in New Mexico
Producer Name | Location | Production Date | Monthly BOE Produced | Producing Wells | Trailing 12 Month Permits |
---|---|---|---|---|---|
EOG RESOURCES INC | Midland, TX | Nov 2023 | 17.8M BBL | 2,093 | 493 |
DEVON ENERGY PRODUCTION COMPANY, LP | Oklahoma City, OK | Nov 2023 | 10.1M BBL | 1,234 | 208 |
MEWBOURNE OIL CO | Hobbs, NM | Nov 2023 | 9.9M BBL | 1,636 | 407 |
OXY USA INC | Houston, TX | Nov 2023 | 7M BBL | 1,571 | 97 |
XTO PERMIAN OPERATING LLC. | Midland, TX | Nov 2023 | 6.5M BBL | 590 | 151 |
MATADOR PRODUCTION COMPANY | Dallas, TX | Nov 2023 | 5.5M BBL | 699 | 102 |
COG OPERATING LLC | Midland, TX | Nov 2023 | 4.8M BBL | 995 | 87 |
TAP ROCK OPERATING, LLC | Golden, CO | Nov 2023 | 3.6M BBL | 336 | 239 |
HILCORP ENERGY COMPANY | Houston, TX | Nov 2023 | 3M BBL | 10,861 | 23 |
CHEVRON U S A INC | Midland, TX | Nov 2023 | 2.9M BBL | 397 | 161 |
KAISER-FRANCIS OIL CO | Tulsa, OK | Nov 2023 | 2.8M BBL | 190 | 27 |
XTO ENERGY, INC | Midland, TX | Nov 2023 | 2.5M BBL | 267 | 84 |
CIMAREX ENERGY CO. | Midland, TX | Nov 2023 | 2.2M BBL | 277 | 41 |
Permian Resources Operating, LLC | Denver, CO | Nov 2023 | 1.9M BBL | 203 | 57 |
BTA OIL PRODUCERS, LLC | Midland, TX | Nov 2023 | 1.7M BBL | 280 | 57 |
MARATHON OIL PERMIAN LLC | Houston, TX | Nov 2023 | 1.5M BBL | 219 | 73 |
GAS NORTHERN DELAWARE, LLC | Midland, TX | Nov 2023 | 1.3M BBL | 77 | 50 |
COG PRODUCTION, LLC | Midland, TX | Nov 2023 | 1.2M BBL | 142 | 9 |
LOGOS OPERATING, LLC | Farmington, NM | Nov 2023 | 1.2M BBL | 1,121 | 18 |
Franklin Mountain Energy LLC | Denver, CO | Nov 2023 | 1.1M BBL | 120 | 35 |
Spur Energy Partners LLC | Houston, TX | Nov 2023 | 1.1M BBL | 2,337 | 115 |
COLGATE OPERATING, LLC | Midland, TX | Nov 2023 | 1M BBL | 168 | 74 |
APACHE CORPORATION | Midland, TX | Nov 2023 | 968.1K BBL | 2,028 | 46 |
Gas Production, LLC | Fort Worth, TX | Nov 2023 | 795.9K BBL | 43 | N/A |
CONOCOPHILLIPS COMPANY | Midland, TX | Nov 2023 | 783.9K BBL | 80 | 24 |
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New Mexico Top Lease Properties by BOE
Lease Property | State | County | Cumulative BOE | Producer Name(s) |
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New Mexico Counties By Production
County | National Rank | State Rank | Production Value | Producers | Production Date | Oil Produced Monthly | Gas Produced Monthly | BOE Produced Daily |
---|---|---|---|---|---|---|---|---|
Chaves County, NM | #223 | #8 | $734,862,620 | 38 | Nov 2023 | 151K BBL | 731.4K MCF | 9K BOE |
Colfax County, NM | #261 | #9 | $242,475,716 | 1 | Nov 2023 | BBL | 1M MCF | 5.9K BOE |
Eddy County, NM | #3 | #2 | $170,577,098,376 | 114 | Nov 2023 | 21.6M BBL | 116.6M MCF | 1.3M BOE |
Harding County, NM | #179 | #5 | $4,377,030,141 | 2 | Nov 2023 | BBL | 2.5M MCF | 14.3K BOE |
Lea County, NM | #2 | #1 | $218,505,561,130 | 172 | Nov 2023 | 33.1M BBL | 104M MCF | 1.6M BOE |
McKinley County, NM | #648 | #11 | $280,902,628 | 2 | Nov 2023 | 719 BBL | 4.2K MCF | 47.7 BOE |
Rio Arriba County, NM | #81 | #4 | $34,857,037,038 | 34 | Nov 2023 | 51.8K BBL | 14.5M MCF | 82.6K BOE |
Roosevelt County, NM | #437 | #10 | $594,380,524 | 18 | Nov 2023 | 29.6K BBL | 74.6K MCF | 1.4K BOE |
Sandoval County, NM | #193 | #7 | $1,972,664,430 | 16 | Nov 2023 | 210.8K BBL | 890.2K MCF | 11.9K BOE |
San Juan County, NM | #56 | #3 | $66,483,025,863 | 44 | Nov 2023 | 546.5K BBL | 19.5M MCF | 126.9K BOE |
Union County, NM | #183 | #6 | $567,512,179 | 1 | Nov 2023 | BBL | 2.4M MCF | 13.4K BOE |
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