6,411 wells across 129 recorded operators, with 0 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 Dakota formation in New Mexico has 6,411 wells on record across 129 recorded operators, with 0 drilling permits filed in the 24-month window at source refresh. Its operators with the most wells on record are Hilcorp Energy Company, Simcoe LLC, Logos Operating, Burlington Resources Oil & Gas Company and Bpx Operating Company. Source: Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.
The operators with the most well counts targeting the Dakota formation in New Mexico:
| # | Operator | Wells in Dakota |
|---|---|---|
| 1 | Hilcorp Energy Company | 2,593 |
| 2 | Simcoe LLC | 550 |
| 3 | Logos Operating | 485 |
| 4 | Burlington Resources Oil & Gas Company | 341 |
| 5 | Bpx Operating Company | 341 |
| 6 | Dugan Production | 270 |
| 7 | Xto Energy | 243 |
| 8 | Morning Star Oil Company | 196 |
| 9 | Conocophillips Company | 152 |
| 10 | Epic Energy | 92 |
The New Mexico counties with the most Dakota activity:
San Juan, Rio Arriba, Sandoval, Mckinley
The Dakota is not among the New Mexico formations tracked separately in the yearly permit mix, so only statewide permit counts are shown.
| Year | State permits | This formation | Share | Median 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 | — | — | — |
Share of each year’s New Mexico drilling permits by target formation, for the formations with the most permits.
| Year | Permian Basin | Avalon-Bone Spring | Nw Shelf Perm-Penn Carbonate | Morrow | Pictured Clliffs | San 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% |
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.
The Dakota is a formation/play group recorded in New Mexico, with 6,411 wells on file across 129 distinct operators of record. Operators have filed 0 drilling permits targeting the Dakota 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.
6,411 wells target the Dakota in New Mexico, worked by 129 recorded operators, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.
The Dakota operators with the most wells on record in New Mexico are Hilcorp Energy Company, Simcoe LLC, Logos Operating, Burlington Resources Oil & Gas Company and Bpx Operating Company. The full ranking is in the table on this page. Formation summary date: 2026-10-24.
Operators filed 0 drilling permits targeting the Dakota in the 24-month window at source refresh, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.
Operators filed 0 new drilling permits targeting the Dakota 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.
Dakota activity in New Mexico includes 6,411 wells on record and 129 recorded operators, with 0 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.
The primary counties recorded for Dakota in New Mexico are San Juan, Rio Arriba, Sandoval, McKinley. Formation summary date: 2026-10-24.
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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Get Your Free Written OfferFormation: Dakota
State: New Mexico
Total wells: 6,411
Recorded operators: 129
Permits 24mo: 0
Summary date: 2026-10-24
