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% |
Political Risk ScoreTM
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 |