New Mexico Mineral Answers

Questions Answers
How does New Mexico rank in the nation for oil and gas production? New Mexico currently ranks #5 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 78,657 wells drilled this year.
How many approved permits are there in Texas? There have been 1,909 permits approved in New Mexico.
What is the average boe produced by well in New Mexico? 1,177 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 314 active producers in the state of New Mexico.
What is the average depth an oil or gas well is drilled in New Mexico? 5,459 feet is the average depth of a well in New Mexico.

New Mexico Oil & Gas Activity Summary

New Mexico statewide summary oil and gas data that goes back to 1973 and contains information on the 78,657 wells that have been drilled in the state since that time. New Mexico is ranked #5 in the US based on BOE produced in 08-01-2019. 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 07-01-1973 and go through 08-01-2019.

Category Last Year Value Current Year Value YoY Trend YoY % Change
Total Wells 77,485 78,657 Up 1.51%
Total Producing Wells 47,515 46,081 Down -3.02%
Percentage of Wells Producing 61% 59% Down -4%
Active Producers 393 314 Down -20%
Total Permits 1,683 1,909 Up 13%
Average Well Depth 5,459 5,459 Flat 0%
Average BOE per Well 917 1,177 Up 28%

New Mexico Map of Current Permits & Rigs

Annual New Mexico Oil & Gas Production

New Mexico Oil & Gas Wells Prepped for Production by Year

New Mexico Top Producers by BOE Production for 08-01-2019

Producer Name Location Production Date BOE Produced Producing Wells Trailing 12 Month Permits
EOG RESOURCES INC Midland, TX 08-01-2019 7,521,050 BOE 2,189 188
OXY USA INC Houston, TX 08-01-2019 5,904,640 BOE 1,600 91
DEVON ENERGY PRODUCTION COMPANY, LP Oklahoma City, OK 08-01-2019 4,487,410 BOE 1,193 104
COG OPERATING LLC Midland, TX 08-01-2019 4,313,020 BOE 3,195 89
HILCORP ENERGY COMPANY Houston, TX 08-01-2019 3,928,860 BOE 10,973 N/A
MEWBOURNE OIL CO Hobbs, NM 08-01-2019 3,493,950 BOE 919 77
OCCIDENTAL PERMIAN LTD Houston, TX 08-01-2019 2,119,690 BOE 312 24
CIMAREX ENERGY CO. Midland, TX 08-01-2019 2,089,770 BOE 214 7
CHEVRON U S A INC Midland, TX 08-01-2019 2,016,140 BOE 1,127 3
XTO ENERGY, INC Midland, TX 08-01-2019 1,704,540 BOE 535 5
MATADOR PRODUCTION COMPANY Dallas, TX 08-01-2019 1,575,000 BOE 336 127
XTO PERMIAN OPERATING LLC. Midland, TX 08-01-2019 1,294,620 BOE 334 6
BP AMERICA PRODUCTION COMPANY Durango, CO 08-01-2019 1,031,370 BOE 2,294 N/A
APACHE CORPORATION Midland, TX 08-01-2019 999,564 BOE 2,280 46
MARATHON OIL PERMIAN LLC Houston, TX 08-01-2019 994,283 BOE 211 111
COG PRODUCTION, LLC Midland, TX 08-01-2019 922,565 BOE 138 2
BTA OIL PRODUCERS, LLC Midland, TX 08-01-2019 859,824 BOE 134 6
ENDURING RESOURCES, LLC Denver, CO 08-01-2019 671,285 BOE 798 N/A
CONOCOPHILLIPS COMPANY Houston, TX 08-01-2019 519,782 BOE 831 N/A
LOGOS OPERATING, LLC Farmington, NM 08-01-2019 503,289 BOE 1,114 N/A

New Mexico Oil & Gas Permits by Year

New Mexico Counties By Production

County National Rank State Rank County Value Producers Production Date Oil Produced Monthly Gas Produced Monthly BOE Produced Daily
Chaves County, NM #214 #8 $4,060,427,629 45 08-01-2019 120,620 BBL 800,014 MCF 8,465 BOE
Colfax County, NM #229 #9 $506,373,436 1 08-01-2019 0 BBL 1,394,781 MCF 7,749 BOE
Eddy County, NM #6 #2 $80,819,537,665 121 08-01-2019 10,994,121 BBL 53,334,062 MCF 662,767 BOE
Harding County, NM #154 #5 $1,296,755,892 2 08-01-2019 0 BBL 3,611,954 MCF 20,066 BOE
Lea County, NM #3 #1 $124,022,826,456 201 08-01-2019 15,938,183 BBL 55,594,720 MCF 840,127 BOE
McKinley County, NM #623 #11 $425,963,789 1 08-01-2019 449 BBL 5,808 MCF 47 BOE
Rio Arriba County, NM #70 #4 $12,652,549,558 37 08-01-2019 88,070 BBL 14,644,072 MCF 84,292 BOE
Roosevelt County, NM #387 #10 $1,725,283,520 27 08-01-2019 27,087 BBL 118,868 MCF 1,563 BOE
Sandoval County, NM #191 #7 $1,035,660,609 14 08-01-2019 186,770 BBL 1,119,118 MCF 12,443 BOE
San Juan County, NM #45 #3 $22,331,247,004 56 08-01-2019 353,457 BBL 24,997,899 MCF 150,659 BOE
Union County, NM #158 #6 $2,380,659,936 1 08-01-2019 0 BBL 3,449,235 MCF 19,163 BOE