7,355 wells across 228 recorded operators, with 308 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 San Juan Basin formation in New Mexico has 7,355 wells on record across 228 recorded operators, with 308 drilling permits filed in the 24-month window at source refresh. Its operators with the most wells on record are Hilcorp Energy Company, Dugan Production, Djr Operating, Enduring Resources and Logos Operating. 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 San Juan Basin formation in New Mexico:
| # | Operator | Wells in San Juan Basin |
|---|---|---|
| 1 | Hilcorp Energy Company | 1,127 |
| 2 | Dugan Production | 1,016 |
| 3 | Djr Operating | 651 |
| 4 | Enduring Resources | 484 |
| 5 | Logos Operating | 277 |
| 6 | Epic Energy | 238 |
| 7 | Morning Star Oil Company | 223 |
| 8 | Simcoe LLC | 216 |
| 9 | Dominion Production Company | 173 |
| 10 | Playa Minerals & Energy | 162 |
The New Mexico counties with the most San Juan Basin activity:
San Juan, Rio Arriba, Mckinley, Sandoval, Valencia
Drilling permits in New Mexico each year, the San Juan Basin count and share of them, and the median lateral length of those San Juan Basin permits.
| Year | State permits | This formation | Share | Median lateral |
|---|---|---|---|---|
| 2026 | 2,951 | 113 | 3.8% | n<5 |
| 2025 | 4,706 | 164 | 3.5% | 9,271 ft |
| 2024 | 5,467 | 161 | 2.9% | 9,733 ft |
| 2023 | 4,438 | 118 | 2.7% | 8,542 ft |
| 2022 | 4,190 | 182 | 4.3% | 6,880 ft |
| 2021 | 4,967 | 111 | 2.2% | 5,844 ft |
| 2020 | 7,102 | 452 | 6.4% | 2,021 ft |
| 2019 | 6,850 | 214 | 3.1% | 4,936 ft |
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 San Juan Basin is a formation/play group recorded in New Mexico, with 7,355 wells on file across 228 distinct operators of record. Operators have filed 308 drilling permits targeting the San Juan Basin 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.
7,355 wells target the San Juan Basin in New Mexico, worked by 228 recorded operators, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-10-24.
The San Juan Basin operators with the most wells on record in New Mexico are Hilcorp Energy Company, Dugan Production, Djr Operating, Enduring Resources and Logos Operating. The full ranking is in the table on this page. Formation summary date: 2026-10-24.
Operators filed 308 drilling permits targeting the San Juan Basin 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 308 new drilling permits targeting the San Juan Basin 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.
San Juan Basin activity in New Mexico includes 7,355 wells on record and 228 recorded operators, with 308 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 San Juan Basin in New Mexico are San Juan, Rio Arriba, McKinley, Sandoval, Valencia. 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: San Juan Basin
State: New Mexico
Total wells: 7,355
Recorded operators: 228
Permits 24mo: 308
Summary date: 2026-10-24
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