New Mexico Oil & Gas Activity

New Mexico statewide summary oil and gas data that goes back to 1973 and contains information on the 113,607 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 Dec 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 Feb 2024.

New Mexico State Summary Stats

New Mexico Oil & Gas State Income: $502,367,317,898
National Energy Production Rank: #2

New Mexico Map of Current Permits and Wells

Approved Permit
Oil Well
Gas Well
Other

Tier 1 Acreage
Tier 2 Acreage
Tier 3 Acreage
Fringe Acreage

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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 113,607 wells drilled this year.
How many approved permits are there in New Mexico? There have been 7,852 permits approved in New Mexico.
What is the average boe produced by well in New Mexico? 2,194 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 262 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 112,981 113,607 Up 0.55%
Total Producing Wells 48,878 47,692 Down -2.43%
Percentage of Wells Producing 43% 42% Down -3%
Active Producers 324 262 Down -19%
Total Permits 11,483 7,852 Down -32%
Average Well Depth 6,701 6,702 Up 0%
Average BOE per Well 1,969 2,194 Up 11%

Insight Scores

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Other States By Production Rank

Rank State Most Recent Month Oil Produced Gas Produced
# 1 Texas Nov 2023 129.7M BBL 548.1M MCF
# 2 New Mexico Dec 2023 58.2M BBL 277.9M MCF
# 4 North Dakota Dec 2023 37.7M BBL 107.1M MCF
# 5 Pennsylvania Dec 2023 BBL 275.7M MCF
# 5 Louisiana Nov 2023 1.5M BBL 251.2M MCF
# 6 Arkansas Jun 2023 890.3K BBL 269.7M MCF
# 7 Colorado Nov 2023 14.3M BBL 179.8M MCF
# 8 Oklahoma Aug 2023 15.4M BBL 151M MCF
# 9 Ohio Dec 2018 2.1M BBL 224.6M MCF
# 10 California May 2023 BBL MCF
# 10 West Virginia Dec 2018 1.2M BBL 166.1M MCF
# 11 Wyoming Nov 2023 6.5M BBL 124.6M MCF
# 12 Utah Sep 2023 4.9M BBL 24.5M MCF
# 13 Mississippi Nov 2023 1.2M BBL 17.3M MCF
# 14 Montana Nov 2023 1.8M BBL 9.1M MCF
# 15 Alabama Oct 2023 BBL MCF
# 15 Kansas Oct 2023 BBL 8.6M MCF
# 16 Michigan Jul 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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Browse All Producing New Mexico Companies

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 Dec 2023 17.8M BBL 2,093 460
DEVON ENERGY PRODUCTION COMPANY, LP Oklahoma City, OK Dec 2023 10.1M BBL 1,235 217
MEWBOURNE OIL CO Hobbs, NM Dec 2023 9.9M BBL 1,642 384
OXY USA INC Houston, TX Dec 2023 7.1M BBL 1,573 101
XTO PERMIAN OPERATING LLC. Midland, TX Dec 2023 6.5M BBL 589 157
MATADOR PRODUCTION COMPANY Dallas, TX Dec 2023 5.5M BBL 698 103
COG OPERATING LLC Midland, TX Dec 2023 4.8M BBL 994 85
TAP ROCK OPERATING, LLC Golden, CO Dec 2023 3.6M BBL 336 233
HILCORP ENERGY COMPANY Houston, TX Dec 2023 3M BBL 10,857 18
CHEVRON U S A INC Midland, TX Dec 2023 2.9M BBL 397 156
KAISER-FRANCIS OIL CO Tulsa, OK Dec 2023 2.8M BBL 190 12
XTO ENERGY, INC Midland, TX Dec 2023 2.5M BBL 267 82
CIMAREX ENERGY CO. Midland, TX Dec 2023 2.2M BBL 277 32
Permian Resources Operating, LLC Midland, TX Dec 2023 1.9M BBL 204 68
BTA OIL PRODUCERS, LLC Midland, TX Dec 2023 1.6M BBL 281 39
MARATHON OIL PERMIAN LLC Houston, TX Dec 2023 1.5M BBL 217 71
GAS NORTHERN DELAWARE, LLC Midland, TX Dec 2023 1.3M BBL 77 49
Spur Energy Partners LLC Houston, TX Dec 2023 1.2M BBL 2,457 108
COG PRODUCTION, LLC Midland, TX Dec 2023 1.2M BBL 142 7
Franklin Mountain Energy LLC Denver, CO Dec 2023 1.1M BBL 120 34
LOGOS OPERATING, LLC Farmington, NM Dec 2023 1.1M BBL 1,098 15
COLGATE OPERATING, LLC Midland, TX Dec 2023 1M BBL 166 73
APACHE CORPORATION Midland, TX Dec 2023 969.1K BBL 2,028 40
Gas Production, LLC Fort Worth, TX Dec 2023 795.9K BBL 43 N/A
CONOCOPHILLIPS COMPANY Midland, TX Dec 2023 783.9K BBL 80 28

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Browse All Producing New Mexico Properties

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 $745,524,861 35 Dec 2023 152.1K BBL 794.9K MCF 9.4K BOE
Colfax County, NM #268 #9 $245,178,767 1 Dec 2023 BBL 1M MCF 6.1K BOE
Eddy County, NM #3 #2 $170,707,014,670 109 Dec 2023 23.5M BBL 124.6M MCF 1.4M BOE
Harding County, NM #184 #5 $4,377,066,668 2 Dec 2023 BBL 2.6M MCF 14.7K BOE
Lea County, NM #2 #1 $218,755,775,775 162 Dec 2023 33.8M BBL 108.4M MCF 1.7M BOE
McKinley County, NM #685 #11 $280,920,065 2 Dec 2023 BBL 3.2K MCF 17.87 BOE
Rio Arriba County, NM #76 #4 $34,881,730,210 31 Dec 2023 54.3K BBL 17M MCF 96.6K BOE
Roosevelt County, NM #431 #10 $594,869,888 15 Dec 2023 31.2K BBL 77K MCF 1.4K BOE
Sandoval County, NM #201 #7 $1,982,680,510 15 Dec 2023 206.3K BBL 887.4K MCF 11.8K BOE
San Juan County, NM #57 #3 $66,500,641,788 44 Dec 2023 530.7K BBL 19.7M MCF 127.6K BOE
Union County, NM #190 #6 $567,463,538 1 Dec 2023 BBL 2.5M MCF 13.9K BOE

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