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%

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