Government economists project $797 million in “new money” for the fiscal year 2021 budget that begins in July. Overview for all oil and gas activity and production in Lea County, NM. More:Sen. Martin Heinrich gains support in effort to reinstate federal oil and gas methane rules. -= No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. It provides the most accurate information to date about statewide oil and natural gas production, royalties, and taxes. New Mexico's regulators are encouraging oil and gas producers to adopt technologies that will mitigate their emission profiles and enable their compliance. Recent data from the state’s Oil Conservation Division showed oil and gas production in New Mexico increased more than 10% last year compared to … These estimates are based on data collected from a sample of U.S. operators on the expanded Form EIA-914 survey, with the exception of Alaska, which directly reports its volumes. For information on products and service please contact us: Josh Fuller Director of Sales Well Data Products Office: +1 713 576 3327 Lasser is now TGS! CARLSBAD, N.M. (AP) — New Mexico has reported that oil and gas production increased by more than 10% last year compared to the year before even … Lea County, NM Oil & Gas Activity. Mexican state oil company Petróleos Mexicanos (Pemex) reported natural gas production of 3.68 Bcf/d in November 2020, down from 3.87 Bcf/d during the same The industry brought in more than $3.1 billion to New Mexico’s economy in 2019.. Oil and gas activity contributes over one-third of the funding for New Mexico public schools, infrastructure, health care and public safety in the state. Search for New Mexico oil and gas operators by operator name or browse by county to find the operator you're looking for. Find wells by operator, the oil and gas produced by county per operator, and recent drilling permits filed by New Mexico operators. New Mexico statewide summary oil and gas data that goes back to 1973 and contains information on the 105,939 wells that have been drilled in the state since that time. Global Organization of Oil and Gas Professionals Inc. New Mexico's Oil And Gas Royalties Hit Record | Global Organization of Oil and Gas Professionals Inc. Home More:New Mexico breaks oil and gas production records in 2020 as COVID-19 challenges growth Data could inform future of U.S. energy Moniz said the EFI report also showed that renewable energy jobs can be lucrative compared with fossil fuels, which could be a useful distinction as the U.S. shifts to low-carbon forms of energy like wind and solar power. We are still validating that all data is transferring correctly, so do not fully rely on this data until this sentence is removed. Therefore, roughly 95% of wellheads and production sites in NM will be below the 15 TPY VOC threshold and will be exempted from the rule. Historically a ranching and mining state, New Mexico’s natural resources still contribute significantly to its economy. Our Lea County, NM oil and gas data includes all production values, operators, wells, drilling permits, well logs, and much more. Our New Mexico oil and gas data includes all production values, operators, wells, drilling permits, well logs, and much more. Want even more details on New Mexico oil and gas operators? The New Mexico Oil Conservation Division reported the state ended the year with nearly 367.8 million barrels of oil produced which was a nearly 11% increase over the 2019 production of 331.8 million barrels of oil. Welcome to our well search application which shows you most of the data we have about wells including formation tops, history, completions, acreage, casing, perfs, violations, orders and production. In 2018 the oil and gas industry produced $2.2 billion into the state's revenue, according to the New Mexico Oil and Gas Association. Notes: Natural gas production represents monthly natural gas gross withdrawals estimated from data collected on the EIA-914 report. Release Date: 4/30/2021 Next Release Date: 5/28/2021 The southeast corner of New Mexico primarily produces oil, with Lea and Eddy counties accounting for the majority of production. Despite the COVID-19 pandemic that hit New Mexico last year, the year 2020 turned out to be a record one for oil and gas production. New Mexico oil and gas production data are available from the PRRC GO-TECH website, a service of the New Mexico Petroleum Recovery Research Center; Importance of Oil & Gas in New Mexico . Rule Preamble: The New Mexico Environment Department has developed the following draft regulation pursuant to the directives of Section 74-2-5.3 of the New Mexico Air Quality Control Act. We will be adding to it over time. The ONGARD (Oil and Natural Gas Administration and Revenue Database) computer system tracks oil and gas production, taxes, and royalties in a relational database. New Mexico is one of the United States’ leading oil and gas producers, ranking 3 rd in annual oil production and 9th in annual natural gas production. More:New Mexico nets record-breaking $109 million in April oil and gas production on state land. The agency cited data reported by companies to FracFocus, a national registry, that indicated nearly 14.5 billion gallons of water were used for overall production in New Mexico … and gas well production data, permits new wells, enforces New Mexico’s oil and gas laws and rules, and ensures oil and gas development is conducted in a way that protects human health and the environment. Overview Mexico is one of the largest oil producers in the world (with 1.67 million barrels produced daily in 2019), and the fourth-largest in the Americas after the United States, Canada, and Brazil. New Mexico also produced about 1.9 trillion cubic feet (14 trillion gallons) of natural gas, surpassing the 2001 record of 1.6 trillion cubic feet (12 trillion gallons), according to data. Using data from DrillingInfo, EDF determined the total number of oil and gas facilities in New Mexico to be roughly 43,100. Lea County, NM ranks #1 in the state for BOE produced in the most recent month (Jan 2021). Natural gas production in New Mexico also broke the record in 2020, with about 1.9 trillion cubic feet produced, surpassing the record of about 1.6 trillion cubic feet set in 2001, OCD records show. Data for Arkansas, California, Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, Wyoming, and Federal Offshore Gulf of Mexico are individually collected on the EIA-914 report. The oil and gas sector is a best prospect industry sector for Mexico. The northwest corner is the primary gas producing region, with San Juan County generating most of the production. New Mexico has been a major producer of oil and natural gas since hydrocarbons were first discovered in the state during the early 1920's. This section includes a market overview and trade data on the sector. New Mexico is now the nation’s third largest oil-producing state, after Texas and North Dakota, with revenue from oil and gas production accounting for 39 percent of all state general fund revenues in fiscal year 2019—the highest share recorded in recent history. New Mexico is ranked #5 in the US based on Barrels of Oil Equivalent (BOE) produced in Feb 2021. New Mexico Gov. Michelle Lujan Grisham, D-N.M. says nearly three-quarters of $1 billion could be lost over the next four years if New Mexico sees even a 10% reduction of oil and gas production due to President Biden's actions to curb leasing on public lands. Both oil and gas are produced in the Permian Basin in the Southeast corner of New Mexico and the adjacent parts of Texas, and in the Eagle Ford south of San Antonio. Although the mining sector employs a small percentage of the total workforce, the oil and gas industry contributes over $2 … The information below is the summary of oil and gas data that goes back to 1973 and contains information on the 28,379 wells that have been drilled from Jul 1973 to Jan 2021. Monthly oil and natural gas production estimates for 15 states, the Federal Gulf of Mexico, and the rest of the country (aggregated and reported as “Other States”) are provided through February 2016. New Mexico also produced about 1.9 trillion cubic feet (14 trillion gallons) of natural gas, surpassing the 2001 record of 1.6 trillion cubic feet (12 trillion gallons), according to data. Economic Statistics. New Mexico Oil, Gas Production up by 10% Despite Pandemic Data from the state's oil conservation division showed the state produced about 370 million barrels of oil in … However, natural gas production growth also declined, increasing about 7% between 2019 and last year compared to 19% between 2018 and 2019. Thanks to the rise of the western portion of the Permian Basin, New Mexico increased crude output in 2020 by 15% to hit a new … Overview for all oil and gas activity and production in New Mexico. Production Data By County: Oil and gas production is primarily located in two regions of the state, the northwest and southeast corners.