647 wells across 38 active operators, with 0 drilling permits filed in the last 24 months.
Refreshed monthly from NMOCD well-header records. Data current as of 2026-08-24.
Quick answer: The Las Vegas - Raton Basin formation in New Mexico has 647 wells on record across 38 active operators, with 0 drilling permits filed in the last 24 months (as of 2026-08-24). Its most active operators by well count are High River Resources Operating LLC, Ep Energy E And P Company, Pennzenergy Exp & Production, Wapiti Operating and Odessa Natural. Compiled from New Mexico Oil Conservation Division (NMOCD) well-header records, refreshed monthly.
The operators with the most well counts targeting the Las Vegas - Raton Basin formation in New Mexico:
| # | Operator | Wells in Las Vegas - Raton Basin |
|---|---|---|
| 1 | High River Resources Operating LLC | 535 |
| 2 | Ep Energy E And P Company | 20 |
| 3 | Pennzenergy Exp & Production | 10 |
| 4 | Wapiti Operating | 9 |
| 5 | Odessa Natural | 8 |
| 6 | Bpx Operating Company | 7 |
| 7 | Bennett Petroleum | 6 |
| 8 | Hng Fossil Fuel Company | 5 |
| 9 | W E Bakke Jr | 4 |
| 10 | Kelly Bell | 3 |
The New Mexico counties with the most Las Vegas - Raton Basin activity:
Colfax, Mora
The Las Vegas - Raton Basin is one of New Mexico's active oil and gas plays, with 647 wells on file across 38 distinct operators of record. Operators have filed 0 drilling permits targeting the Las Vegas - Raton Basin in the last 24 months — a measure of how active the play is right now versus its historical baseline.
For mineral owners with interests in Colfax, Mora, knowing whether your tract sits within an active Las Vegas - Raton Basin footprint is a foundational valuation question. Active formations with consistent permit flow command premium pricing; legacy formations with steady but declining production are valued differently.
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647 wells target the Las Vegas - Raton Basin in New Mexico, worked by 38 active operators, per NMOCD well-header records (as of 2026-08-24).
By well count, the most active Las Vegas - Raton Basin operators in New Mexico are High River Resources Operating LLC, Ep Energy E And P Company, Pennzenergy Exp & Production, Wapiti Operating and Odessa Natural. The full ranking is in the table on this page.
Operators filed 0 drilling permits targeting the Las Vegas - Raton Basin in the last 24 months — a live measure of current activity, per NMOCD records.
Operators filed 0 new drilling permits targeting the Las Vegas - Raton Basin in New Mexico over the last 24 months. New permits and spuds are the clearest signal of active Las Vegas - Raton Basin drilling, per NMOCD records (as of 2026-08-24).
Las Vegas - Raton Basin activity in New Mexico currently spans 647 wells on record and 38 active operators, led by High River Resources Operating LLC, Ep Energy E And P Company, Pennzenergy Exp & Production, Wapiti Operating and Odessa Natural, with 0 drilling permits filed in the last 24 months — refreshed monthly from New Mexico Oil Conservation Division (NMOCD) well-header records (as of 2026-08-24).
The most active Las Vegas - Raton Basin counties in New Mexico are Colfax, Mora.
Value depends on your net mineral acres or royalty decimal, the operator, the remaining drilling locations, and current oil and gas prices. Buckhead Energy checks your tract against current Las Vegas - Raton Basin well and permit data and puts a free, no-obligation written offer in writing — this page is informational only, not a valuation.
Cite this dataset
Permanently archived and citable via a DOI on Zenodo (CERN), under a CC BY 4.0 license. DOI: 10.5281/zenodo.21442884 · View on Zenodo
License & attribution: This data is licensed CC BY 4.0. You are free to share and adapt it, including commercially, provided you credit “Buckhead Energy” and link back to this page or the DOI above.
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Sell Your New Mexico Mineral Rights
Formation: Las Vegas - Raton Basin
State: New Mexico
Total wells: 647
Active operators: 38
Permits 24mo: 0
Last refresh: 2026-08-24
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