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Abo-Pecos Slope Formation in New Mexico

2,029 wells across 81 recorded operators, with 93 drilling permits filed in the 24-month window at summary refresh.

Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.

Quick answer: The Abo-Pecos Slope formation in New Mexico has 2,029 wells on record across 81 recorded operators, with 93 drilling permits filed in the 24-month window at source refresh. Its operators with the most wells on record are EOG Resources, Iacx Production LLC, Solis Partners LLC, Desert Mountain Energy Corp. and McKay Oil. Source: Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.

Total Wells
2,029
Recorded Operators
81
Total Lateral
23 miles
Permits (24mo)
93

Top Operators in the Abo-Pecos Slope (New Mexico)

The operators with the most well counts targeting the Abo-Pecos Slope formation in New Mexico:

#OperatorWells in Abo-Pecos Slope
1 Eog Resources 446
2 Iacx Production LLC 401
3 Solis Partners LLC 400
4 Desert Mountain Energy CORP 170
5 Mckay Oil 68
6 Slayton Resources 62
7 Hanson Operating 54
8 M E W Enterprise 50
9 Llj Ventures LLC Dba Marker Oil & Gas 36
10 Grizzly Operating 32

Primary New Mexico Counties for the Abo-Pecos Slope

The New Mexico counties with the most Abo-Pecos Slope activity:

Chaves, Eddy

New Mexico permits by year

The Abo-Pecos Slope is not among the New Mexico formations tracked separately in the yearly permit mix, so only statewide permit counts are shown.

YearState permitsThis formationShareMedian lateral
2026 2,951 — — —
2025 4,706 — — —
2024 5,467 — — —
2023 4,438 — — —
2022 4,190 — — —
2021 4,967 — — —
2020 7,102 — — —
2019 6,850 — — —

New Mexico permit mix by formation (share of permits)

Share of each year’s New Mexico drilling permits by target formation, for the formations with the most permits.

YearPermian BasinAvalon-Bone SpringNw Shelf Perm-Penn CarbonateMorrowPictured ClliffsSan Juan Basin
2026 96.2% — — — — 3.8%
2025 78% 5.2% 2.4% 8.7% 0.2% 3.5%
2024 65.6% 13.9% 3.4% 11.8% 0.9% 2.9%
2023 65.1% 12.1% 2% 9.8% 6.1% 2.7%
2022 53.7% 11.5% 18.4% 9.7% 0.9% 4.3%
2021 19.3% 36.2% 15.8% 24.3% 0.1% 2.2%
2020 8.6% 35.1% 2.6% 4.1% 27.9% 6.4%
2019 11.6% 32.9% 29.5% 5.7% 2.2% 3.1%

How these figures are computed

Buckhead Energy computes every figure on this page from grouped records in public oil and gas data. The page shows counts, sums, percentiles and indexes only; it does not list individual wells, leases or permits.

Counts under 3 wells and percentiles under 5 wells are withheld; totals are floors.

Share is the formation’s permits as a percent of the state’s permits that year. Median lateral length is published only when at least 5 permits stand behind it.

Last computed: 2026-10-24. These figures are informational only and are not a valuation of any mineral or royalty interest.

About the Abo-Pecos Slope Formation in New Mexico

The Abo-Pecos Slope is a formation/play group recorded in New Mexico, with 2,029 wells on file across 81 distinct operators of record. Operators have filed 93 drilling permits targeting the Abo-Pecos Slope in the 24-month window at summary refresh. These are stored records, not a live measure of drilling.

Recorded formation activity provides regional context. It does not establish ownership, future production, royalty payments or a value for an individual tract. Consult qualified professionals about your specific interest.

Browse listed New Mexico oil & gas formations & plays

Frequently Asked Questions

How many wells target the Abo-Pecos Slope formation in New Mexico?

2,029 wells target the Abo-Pecos Slope in New Mexico, worked by 81 recorded operators, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.

Who are the top operators in the Abo-Pecos Slope in New Mexico?

The Abo-Pecos Slope operators with the most wells on record in New Mexico are EOG Resources, Iacx Production LLC, Solis Partners LLC, Desert Mountain Energy Corp. and McKay Oil. The full ranking is in the table on this page. Formation summary date: 2026-10-24.

How active is the Abo-Pecos Slope formation right now?

Operators filed 93 drilling permits targeting the Abo-Pecos Slope in the 24-month window at source refresh, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.

Is there active drilling in the Abo-Pecos Slope in New Mexico?

Operators filed 93 new drilling permits targeting the Abo-Pecos Slope in New Mexico in the 24-month window at source refresh. New permits and spuds record reported activity stages; they do not establish ongoing drilling, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.

What is the current Abo-Pecos Slope activity in New Mexico?

Abo-Pecos Slope activity in New Mexico includes 2,029 wells on record and 81 recorded operators, with 93 drilling permits filed in the 24-month window at source refresh — from Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.

Which New Mexico counties have the most Abo-Pecos Slope activity?

The primary counties recorded for Abo-Pecos Slope in New Mexico are Chaves, Eddy. Formation summary date: 2026-10-24.

How do I find out what my Abo-Pecos Slope mineral rights are worth?

Value depends on your net mineral acres or royalty decimal, the operator, the remaining drilling locations, and current oil and gas prices. This page is informational only, not a valuation. Formation summary date: 2026-10-24.

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Quick Stats

Formation: Abo-Pecos Slope

State: New Mexico

Total wells: 2,029

Recorded operators: 81

Permits 24mo: 93

Summary date: 2026-10-24

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