New Mexico Oil & Gas Activity
New Mexico statewide summary oil and gas data that goes back to 1973 and contains information on the 116,216 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 Oct 2024. 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 Nov 2024.
New Mexico State Summary Stats
New Mexico Oil & Gas State Income: | $552,134,644,204 |
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 116,216 wells drilled this year. |
How many approved permits are there in New Mexico? | There have been 3,921 permits approved in New Mexico. |
What is the average boe produced by well in New Mexico? | 2,396 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 225 active producers in the state of New Mexico. |
What is the average depth an oil or gas well is drilled in New Mexico? | 6,811 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 | 116,064 | 116,216 | Up | 0.13% |
Total Producing Wells | 48,887 | 47,930 | Down | -1.96% |
Percentage of Wells Producing | 42% | 41% | Down | -2% |
Active Producers | 306 | 225 | Down | -26% |
Total Permits | 8,485 | 3,921 | Down | -54% |
Average Well Depth | 6,792 | 6,811 | Up | 0% |
Average BOE per Well | 2,029 | 2,396 | Up | 18% |
Insight Scores
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Other States By Production Rank
Rank | State | Most Recent Month | Oil Produced | Gas Produced |
---|---|---|---|---|
# 1 | Texas | Sep 2024 | 131.6M BBL | 554.6M MCF |
# 2 | New Mexico | Oct 2024 | 63.9M BBL | 305.3M MCF |
# 4 | California | Mar 2024 | 54.1M BBL | 87.8M MCF |
# 5 | Louisiana | Sep 2024 | BBL | MCF |
# 5 | Pennsylvania | Dec 2023 | 84K BBL | 281.3M MCF |
# 6 | North Dakota | Oct 2024 | 31.4M BBL | 91.8M MCF |
# 7 | Arkansas | Apr 2024 | 852.6K BBL | 243M MCF |
# 8 | Ohio | Dec 2018 | 2.1M BBL | 224.6M MCF |
# 9 | Colorado | Sep 2024 | 11.6M BBL | 165.1M MCF |
# 10 | West Virginia | Dec 2018 | 1.2M BBL | 166.1M MCF |
# 11 | Wyoming | Sep 2024 | 5.7M BBL | 119M MCF |
# 12 | Oklahoma | Jun 2024 | 2.2M BBL | 59.6M MCF |
# 13 | Utah | Jun 2024 | 5.5M BBL | 25M MCF |
# 14 | Montana | Aug 2024 | 2.3M BBL | 9.9M MCF |
# 15 | Mississippi | Sep 2024 | 1.2M BBL | 11.1M MCF |
# 15 | Alabama | Jul 2024 | BBL | MCF |
# 16 | Kansas | Aug 2024 | BBL | 7.9M MCF |
# 16 | Michigan | Apr 2024 | 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 | Oct 2024 | 17.9M BBL | 2,362 | 443 |
MEWBOURNE OIL CO | Hobbs, NM | Oct 2024 | 11.6M BBL | 1,884 | 306 |
DEVON ENERGY PRODUCTION COMPANY, LP | Oklahoma City, OK | Oct 2024 | 11.4M BBL | 1,348 | 373 |
OXY USA INC | Houston, TX | Oct 2024 | 7.7M BBL | 1,618 | 118 |
XTO PERMIAN OPERATING LLC. | Midland, TX | Oct 2024 | 7.4M BBL | 614 | 144 |
MATADOR PRODUCTION COMPANY | Dallas, TX | Oct 2024 | 6.4M BBL | 856 | 183 |
COG OPERATING LLC | Midland, TX | Oct 2024 | 6.3M BBL | 1,025 | 60 |
Permian Resources Operating, LLC | Midland, TX | Oct 2024 | 3.9M BBL | 477 | 169 |
CHEVRON U S A INC | Midland, TX | Oct 2024 | 3.8M BBL | 428 | 135 |
XTO ENERGY, INC | Midland, TX | Oct 2024 | 3.3M BBL | 338 | 26 |
HILCORP ENERGY COMPANY | Houston, TX | Oct 2024 | 2.9M BBL | 10,830 | 42 |
CIMAREX ENERGY CO. | Midland, TX | Oct 2024 | 2.6M BBL | 292 | 52 |
MARATHON OIL PERMIAN LLC | Houston, TX | Oct 2024 | 1.9M BBL | 247 | 61 |
Franklin Mountain Energy LLC | Denver, CO | Oct 2024 | 1.9M BBL | 147 | N/A |
BTA OIL PRODUCERS, LLC | Midland, TX | Oct 2024 | 1.8M BBL | 295 | 20 |
KAISER-FRANCIS OIL CO | Tulsa, OK | Oct 2024 | 1.7M BBL | 178 | 20 |
TAP ROCK OPERATING, LLC | Golden, CO | Oct 2024 | 1.4M BBL | 168 | 34 |
COLGATE OPERATING, LLC | Midland, TX | Oct 2024 | 1.3M BBL | 177 | 34 |
GAS NORTHERN DELAWARE, LLC | Midland, TX | Oct 2024 | 1.3M BBL | 107 | 14 |
Spur Energy Partners LLC | Houston, TX | Oct 2024 | 1.1M BBL | 2,648 | 46 |
AMEREDEV OPERATING, LLC | Austin, TX | Oct 2024 | 1M BBL | 80 | 52 |
CIMAREX ENERGY CO. OF COLORADO | Midland, TX | Oct 2024 | 940.9K BBL | 288 | 4 |
COG PRODUCTION, LLC | Midland, TX | Oct 2024 | 935.1K BBL | 158 | 2 |
APACHE CORPORATION | Midland, TX | Oct 2024 | 880.2K BBL | 2,018 | 11 |
LOGOS OPERATING, LLC | Farmington, NM | Oct 2024 | 823.2K BBL | 972 | 16 |
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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 | #206 | #8 | $891,121,184 | 33 | Oct 2024 | 201.5K BBL | 816.2K MCF | 11.2K BOE |
Eddy County, NM | #3 | #2 | $192,202,156,090 | 97 | Oct 2024 | 27.2M BBL | 144.2M MCF | 1.7M BOE |
Harding County, NM | #180 | #5 | $4,393,798,848 | 2 | Oct 2024 | BBL | 2.5M MCF | 13.9K BOE |
Lea County, NM | #2 | #1 | $246,119,795,358 | 146 | Oct 2024 | 35.5M BBL | 121.4M MCF | 1.8M BOE |
McKinley County, NM | #693 | #10 | $281,569,474 | 1 | Oct 2024 | BBL | 4.2K MCF | 23.6 BOE |
Rio Arriba County, NM | #80 | #4 | $35,010,539,938 | 28 | Oct 2024 | 130.9K BBL | 14.5M MCF | 85.4K BOE |
Roosevelt County, NM | #442 | #9 | $619,244,684 | 14 | Oct 2024 | 30.1K BBL | 67.6K MCF | 1.3K BOE |
Sandoval County, NM | #197 | #7 | $2,128,688,594 | 13 | Oct 2024 | 222K BBL | 905.9K MCF | 12.4K BOE |
San Juan County, NM | #61 | #3 | $66,724,773,008 | 39 | Oct 2024 | 530.7K BBL | 18.3M MCF | 119.7K BOE |
Union County, NM | #190 | #6 | $617,250,427 | 1 | Oct 2024 | BBL | 2.3M MCF | 13K BOE |
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