New Mexico Mineral Answers
| Questions | Answers |
|---|---|
| How does New Mexico rank in the nation for oil and gas production? | New Mexico currently ranks #4 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 78,873 wells drilled this year. |
| How many approved permits are there in Texas? | There have been 1,543 permits approved in New Mexico. |
| What is the average boe produced by well in New Mexico? | 1,185 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 319 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 78,873 wells that have been drilled in the state since that time. New Mexico is ranked #4 in the US based on BOE produced in 10-01-2019. 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 10-01-2019.
| Category | Last Year Value | Current Year Value | YoY Trend | YoY % Change |
|---|---|---|---|---|
| Total Wells | 77,728 | 78,873 | Up | 1.47% |
| Total Producing Wells | 47,537 | 46,168 | Down | -2.88% |
| Percentage of Wells Producing | 61% | 59% | Down | -4% |
| Active Producers | 389 | 319 | Down | -18% |
| Total Permits | 407 | 1,543 | Up | 279% |
| Average Well Depth | 5,459 | 5,459 | Flat | 0% |
| Average BOE per Well | 972 | 1,185 | Up | 22% |
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 10-01-2019
| Producer Name | Location | Production Date | BOE Produced | Producing Wells | Trailing 12 Month Permits |
|---|---|---|---|---|---|
| EOG RESOURCES INC | Midland, TX | 10-01-2019 | 6,966,063 BOE | 2,162 | 170 |
| OXY USA INC | Houston, TX | 10-01-2019 | 6,885,519 BOE | 1,615 | 99 |
| DEVON ENERGY PRODUCTION COMPANY, LP | Oklahoma City, OK | 10-01-2019 | 4,724,414 BOE | 1,192 | 92 |
| COG OPERATING LLC | Midland, TX | 10-01-2019 | 4,545,867 BOE | 3,202 | 102 |
| HILCORP ENERGY COMPANY | Houston, TX | 10-01-2019 | 3,963,345 BOE | 11,030 | N/A |
| MEWBOURNE OIL CO | Hobbs, NM | 10-01-2019 | 3,582,113 BOE | 914 | 65 |
| XTO ENERGY, INC | Midland, TX | 10-01-2019 | 1,938,316 BOE | 517 | 5 |
| CHEVRON U S A INC | Midland, TX | 10-01-2019 | 1,840,231 BOE | 1,119 | 3 |
| MATADOR PRODUCTION COMPANY | Dallas, TX | 10-01-2019 | 1,771,724 BOE | 350 | 115 |
| CIMAREX ENERGY CO. | Midland, TX | 10-01-2019 | 1,652,917 BOE | 215 | 9 |
| XTO PERMIAN OPERATING LLC. | Midland, TX | 10-01-2019 | 1,356,076 BOE | 303 | 6 |
| APACHE CORPORATION | Midland, TX | 10-01-2019 | 1,098,831 BOE | 2,273 | 47 |
| OCCIDENTAL PERMIAN LTD | Houston, TX | 10-01-2019 | 1,013,870 BOE | 312 | 12 |
| BP AMERICA PRODUCTION COMPANY | Durango, CO | 10-01-2019 | 998,693 BOE | 2,298 | N/A |
| COG PRODUCTION, LLC | Midland, TX | 10-01-2019 | 869,863 BOE | 141 | 2 |
| BTA OIL PRODUCERS, LLC | Midland, TX | 10-01-2019 | 859,640 BOE | 134 | 6 |
| MARATHON OIL PERMIAN LLC | Houston, TX | 10-01-2019 | 747,787 BOE | 210 | 106 |
| OXY USA WTP LIMITED PARTNERSHIP | Houston, TX | 10-01-2019 | 721,565 BOE | 425 | 42 |
| ENDURING RESOURCES, LLC | Denver, CO | 10-01-2019 | 655,164 BOE | 802 | N/A |
| TAP ROCK OPERATING, LLC | Golden, CO | 10-01-2019 | 622,325 BOE | 65 | 94 |
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 | #182 | #8 | $5,593,730,210 | 43 | 10-01-2019 | 127,208 BBL | 827,483 MCF | 8,837 BOE |
| Colfax County, NM | #195 | #9 | $1,812,995,033 | 1 | 10-01-2019 | 0 BBL | 1,401,649 MCF | 7,787 BOE |
| Eddy County, NM | #4 | #2 | $97,656,165,486 | 125 | 10-01-2019 | 12,211,606 BBL | 57,938,590 MCF | 728,936 BOE |
| Harding County, NM | #127 | #5 | $3,876,755,045 | 2 | 10-01-2019 | 0 BBL | 3,501,418 MCF | 19,452 BOE |
| Lea County, NM | #3 | #1 | $127,802,541,564 | 200 | 10-01-2019 | 15,669,480 BBL | 48,293,670 MCF | 790,613 BOE |
| McKinley County, NM | #612 | #11 | $274,144,315 | 1 | 10-01-2019 | 565 BBL | 7,359 MCF | 60 BOE |
| Rio Arriba County, NM | #54 | #4 | $38,197,802,239 | 41 | 10-01-2019 | 86,753 BBL | 14,806,927 MCF | 85,151 BOE |
| Roosevelt County, NM | #360 | #10 | $1,507,915,503 | 29 | 10-01-2019 | 24,883 BBL | 129,649 MCF | 1,550 BOE |
| Sandoval County, NM | #164 | #7 | $1,202,087,702 | 17 | 10-01-2019 | 179,200 BBL | 1,044,844 MCF | 11,778 BOE |
| San Juan County, NM | #37 | #3 | $66,947,195,255 | 57 | 10-01-2019 | 397,483 BBL | 24,668,022 MCF | 150,293 BOE |
| Union County, NM | #128 | #6 | $8,392,541,156 | 1 | 10-01-2019 | 0 BBL | 3,429,378 MCF | 19,052 BOE |