With fossil fuel production in the Permian basin reaching ever greater heights, New Mexico lawmakers moved to clarify the legal status of the salty, chemical-laden water that gushes from wells in larger volumes than even the oil that is the object of the hunt. In New Mexico, the basin contains about 26,000 oil wells and oil production doubled since 2009, records show. In total, the state produces about 4 percent of the nation’s crude oil, and ranks as the seventh-largest net supplier of energy in the nation, due to petroleum, natural gas and coal production. The production value of oil and natural gas in New Mexico (Figure 6) has been volatile. In April, 2010 the production value of oil surpassed the production value of natural gas for the first time in recent history, and by March, 2012 was three times the value of natural gas at $682 million compared to $204 million. New Mexico oil production is booming at levels never before seen in state history, pushing output last year to an all-time record of 171 million barrels, according to the latest statistics from Santa Fe, New Mexico 87504-0630 NATURAL GAS AND CRUDE OIL PRODUCTION ACT Sections 7-29B-1 to 7-29B-6 (3.18 NMAC) ABOUT GO-TECH Welcome To Gotech Website: Our mission is to be a resource for historical oil and gas production data for New Mexico, and to provide this data in a quick, accurate, and easy-to-use manner.
New Mexico is benefiting economically from the oil production boom in the state due to hydraulic fracturing. New Mexico’s oil production is expected to exceed 300 million barrels in 2019—a 250 percent increase in the state’s oil production in 2012. New Mexico’s oil industry had 109 active rigs as of January 31, 2020—up from 102 in early January.
Jun 15, 2012 New Mexico's fossil fuel energy industry, led by oil development, has made a strong recovery since the recession. The strength of crude oil Apr 13, 2017 With the addition of these new and existing fields, the EIA estimates that annual crude oil production in the GOM is expected to increase to an Dec 24, 2017 New Mexico's field production of crude oil has doubled in the past five years, to 462,000 bpd in August 2017, according to the latest available Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec; 1981: 6,286: 5,593: 6,105: 5,902: 6,053: 5,767: 5,937: 6,012: 5,834: 6,058: 5,853: 6,168: 1982: 6,002: 5,486 New Mexico Crude Oil Production: New Mexico Crude Oil Production is at a current level of 27.90M, up from 26.02M last month and up from 20.00M one year ago. This is a change of 7.24% from last month and 39.50% from one year ago.
27 Jan 2020 Monthly-Permian-Basin-Crude-Oil-Production-20200127. New Mexico oil production surpassed the 1 million b/d mark late last year, lifted by
27 Jan 2020 Monthly-Permian-Basin-Crude-Oil-Production-20200127. New Mexico oil production surpassed the 1 million b/d mark late last year, lifted by Jan 27, 2020 The Permian region that spans western Texas and eastern New Mexico remains the most prolific crude oil production growth region in the Mexico's Crude Oil: Production was reported at 1,812.962 Barrel/Day th in Dec 2018. This records a decrease from the previous number of 1,948.430 Barrel/Day Nov 20, 2019 Production of U.S. crude oil rose to an all-time high in October, peaking at 12.6 Robert McEntyre, spokesman for the New Mexico Oil and Gas Mar 12, 2019 New Mexico is the third-largest oil producer in the United States, having cemented the position with rapidly increasing production in the Permian Oct 27, 2019 New Mexico recently surpassed Alaska, Oklahoma and California in oil production, and is now the third-largest oil-producing state. Skyrocketing
May 8, 2019 Oil production in the Permian Basin in Texas and New Mexico is the a field that produced 4.1 million barrels per day of crude in April alone,
13 Nov 2019 ALBUQUERQUE, N.M. (AP) — Federal forecasters say drilling in the United States is expected to drive global crude oil production through 14 Nov 2019 ALBUQUERQUE, N.M. (AP) — Federal forecasters say drilling in the United States is expected to drive global crude oil production through New Mexico crude oil output is typically ranked in the top 10 in the United States. The Permian Basin, mainly in West Texas, is one of the most productive areas in New Mexico has been a major producer of oil and natural gas since hydrocarbons were first The increase in New Mexico's crude oil production between 2017 and 2018 alone (76,360 thousand barrels) was larger than its entire annual production for any 14 Nov 2019 ALBUQUERQUE, N.M. (AP) - Federal forecasters say drilling in the United States is expected to drive global crude oil production through 2020.
Oil and gas production, tourism, and federal government spending are important drivers of New According to the Energy Information Administration, State crude oil output is typically just over 3 percent of the annual U.S. total, and natural gas
Nov 20, 2019 Production of U.S. crude oil rose to an all-time high in October, peaking at 12.6 Robert McEntyre, spokesman for the New Mexico Oil and Gas Mar 12, 2019 New Mexico is the third-largest oil producer in the United States, having cemented the position with rapidly increasing production in the Permian Oct 27, 2019 New Mexico recently surpassed Alaska, Oklahoma and California in oil production, and is now the third-largest oil-producing state. Skyrocketing Mar 3, 2020 In 2019, New Mexico set a new oil production record for the third consecutive year, growing by 749,000 b/d since 2010. In the Offshore Federal Oct 27, 2019 But between 2010 and 2018, crude oil production had soared nearly 400 percent to around 250 million barrels, making New Mexico the country's Chart and table showing yearly production of crude oil by country (Mexico). Data obtained from the US Energy Information Administration. Jan 31, 2020 According to the U.S. Energy Information Administration, as of October 2019, New Mexico was the third most crude oil producing state in the