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New Mexico Oil & Gas Industry Snapshot 2026

The complete live dashboard of the New Mexico oil and gas industry — top operators, hottest counties, most-active formations (SCOOP, STACK, Woodford, Mississippi Lime, Cherokee Platform), current permit pipeline, DUC stack, recent rig activity, and newly producing wells. Refreshed monthly from OCC well-header records.

Data as of August 1, 2026 Source: New Mexico Oil Conservation Division · refreshed monthly

Original Data As of August 1, 2026

As of August 1, 2026, New Mexico had 100 active oil & gas operators across 30 counties and 16 formations, led by Hilcorp Energy Company with 14,133 wells, with 1,695 drilling permits filed in the last 24 months and 346 drilled-but-uncompleted (DUC) wells in inventory, per New Mexico Oil Conservation Division records.

100
Active operators
30
Producing counties
1,695
Permits filed (last 24 mo)
346
DUC wells in inventory
Source: New Mexico Oil Conservation Division (NMOCD) well and permit records
Methodology: Aggregated from New Mexico Oil Conservation Division records: operators ranked by well count; counties and formations (SCOOP, STACK, Woodford, etc.) by activity; drilling permits over a trailing 24-month window; and current DUC (drilled-but-uncompleted) inventory.
Updated: Refreshed monthly — data current as of August 1, 2026
Total Wells (Top 100 Operators)
98,204
Recent Permits
1,695
last 24 months
DUC Inventory
346
drilled, uncompleted
Recent Spuds
297
last 90 days
New Producers
561
first prod in last 6 months
Active Counties
30
Active Formations
16
Operators Tracked
100

Top 10 New Mexico Operators

The 10 largest operators of record in New Mexico, by total well count. See the full top-100 leaderboard →

#OperatorWellsPermits 24moDUCsTop FormationTop County
1 Hilcorp Energy Company 14,133 553 109 Pictured Clliffs San Juan
2 Eog Resources 8,674 832 629 Avalon-Bone Spring Lea
3 Oxy 5,256 581 368 Avalon-Bone Spring Eddy
4 Devon Energy Production Company 4,651 819 364 Avalon-Bone Spring Eddy
5 Mewbourne Oil Company 3,516 577 236 Permian Basin Eddy
6 Xto Energy 3,244 579 316 Permian Basin Eddy
7 Cog Operating 3,024 153 78 Avalon-Bone Spring Eddy
8 Chevron 2,488 304 232 Permian Basin Lea
9 Simcoe LLC 2,398 19 22 Pictured Clliffs San Juan
10 Matador Production Company 2,296 689 157 Permian Basin Lea

Top 10 New Mexico Counties (by Drilling Activity)

The 10 most-active oil and gas counties in New Mexico. See the full county rankings →

CountyTotal WellsPermits 24moSpuds 90dDUCsTop OperatorTop Formation
Lea 48,698 4,708 136 3,503 Eog Resources Morrow
Eddy 41,806 3,724 157 2,078 Eog Resources Avalon-Bone Spring
San Juan 22,464 200 2 3,601 Hilcorp Energy Company Pictured Clliffs
Rio Arriba 12,923 94 0 1,100 Hilcorp Energy Company Pictured Clliffs
Chaves 7,559 276 2 335 Eog Resources Abo-Pecos Slope
Roosevelt 1,786 10 0 77 Ridgeway Arizona Oil Permian Basin
Sandoval 1,746 61 0 540 Djr Operating San Juan Basin
Mckinley 1,504 0 0 819 Dominion Production Company San Juan Basin
Colfax 1,009 0 0 111 High River Resources Operating LLC Las Vegas - Raton Basin
Harding 666 0 0 102 Oxy Sierra Grande Uplift

Top 10 New Mexico Formations & Plays

The 10 most-active formations and plays in New Mexico. See all active New Mexico formations →

FormationWellsActive OperatorsPermits 24mo
Avalon-Bone Spring 29,827 656 433
Permian Basin 23,296 538 7,208
Pictured Clliffs 16,011 157 27
Morrow 15,081 708 773
Nw Shelf Perm-Penn Carbonate 13,493 414 163
San Juan Basin 7,333 228 326
Dakota 6,411 129 2
Abo-Pecos Slope 2,029 81 97
Sierra Grande Uplift 1,054 20 0
Mesaverde_ 800 57 0

Latest 10 Drilling Permits

Permit DateWellAPICountyFormationOperator
2026-07-29 Ruthless 11 Federal Com #302h 3002556538 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #582h 3002556541 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #585h 3002556545 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #003h 3002556535 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #301h 3002556540 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #584h 3002556537 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #583h 3002556543 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #304h 3002556542 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #581h 3002556544 Lea Permian Basin Eog
2026-07-29 Ruthless 11 Federal Com #303h 3002556539 Lea Permian Basin Eog
View all recent New Mexico permits →

Latest 10 Spudded Wells

Spud DateDays AgoWellOperatorCountyFormation
2026-07-24 7 Paint 4 33 Federal Com #123h Devon Energy Production Company Lea Permian Basin
2026-07-24 7 Red Bull 30 31 Federal State Com #121h Devon Energy Production Company Lea Permian Basin
2026-07-24 7 Cotton Draw 25 36 Federal Com #824h Devon Energy Production Company Eddy Permian Basin
2026-07-24 7 Precious 30 18 Federal Com #033h Oxy Eddy Permian Basin
2026-07-24 7 Cat Lanta 16 4 Federal Com #711h Devon Energy Production Company Eddy Permian Basin
2026-07-24 7 Bane 4 Federal Com #126h Permian Resources Operating LLC Lea Permian Basin
2026-07-24 7 Devils Tower State Com #001h Mack Energy Eddy Permian Basin
2026-07-24 7 Gavilon Federal Com #702h Matador Production Company Lea Permian Basin
2026-07-24 7 Olive Won Unit #142h Oxy Eddy Permian Basin
2026-07-24 7 Electra Special 0310 Federal Com #113h Matador Production Company Lea Permian Basin
View all recently spudded New Mexico wells →

Latest 10 Newly Producing Wells

First ProdDays ProducingWellOperatorCountyFormation
2026-05-01 91 Pretty Good 20 Federal Com #584h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #801h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #582h Eog Resources Lea Permian Basin
2026-05-01 91 Mad Adder 31 State Com #213h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #304h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #502h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #401h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #207h Eog Resources Lea Permian Basin
2026-05-01 91 Pretty Good 20 Federal Com #214h Eog Resources Lea Permian Basin
2026-05-01 91 Mad Adder 31 State Com #203h Eog Resources Lea Permian Basin
View all newly producing New Mexico wells →

10 Most-Recent New Mexico DUCs

Spud DateDays WaitingWellOperatorCountyFormation
2026-07-24 7 Fred State Com #112h Permian Resources Operating LLC Eddy Permian Basin
2026-07-24 7 Olive Won Unit #142h Oxy Eddy Permian Basin
2026-07-24 7 Party Trap 6 Federal Com #031h Oxy Lea Permian Basin
2026-07-24 7 Arena Roja Federal Unit #811h Devon Energy Production Company Lea Permian Basin
2026-07-24 7 Precious 30 18 Federal Com #033h Oxy Eddy Permian Basin
2026-07-24 7 Forty Niner Ridge Unit Com #158h Mewbourne Oil Company Eddy Permian Basin
2026-07-24 7 Tuna Nut 24 13 Federal Com #004h Oxy Lea Permian Basin
2026-07-24 7 Fiji 17 5 Federal Com #814h Devon Energy Production Company Eddy Permian Basin
2026-07-24 7 Electra Special 0310 Federal Com #137h Matador Production Company Lea Permian Basin
2026-07-24 7 Gavilon Federal Com #702h Matador Production Company Lea Permian Basin
View the full New Mexico DUC inventory →

Own New Mexico Mineral Rights?

SCOOP, STACK, Cherokee Platform, Mississippi Lime, or anywhere else in the state — get a free written offer based on your specific tract and current operator activity.

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About This Dashboard

Source: New Mexico Oil Conservation Division well-header and production filings.

Refresh cadence: Monthly. Data current as of August 1, 2026.

What's tracked: Permits filed in the last 24 months, wells spudded in the last 90 days, wells with first production in the last 6 months, drilled-uncompleted (DUC) wells, top operators by total well count, top counties by activity, and active formations/plays.

Disclaimer: Data is provided as a public-service reference. Buckhead Energy is not affiliated with the operators listed unless explicitly stated.

New Mexico Oil & Gas Snapshot FAQ

Who are the largest oil and gas operators in New Mexico?

As of August 1, 2026, this dashboard tracks 100 active New Mexico operators ranked by well count, led by Hilcorp Energy Company, Eog Resources, Oxy. See the Top New Mexico Operators leaderboard for the full ranking.

How many drilling permits have been filed in New Mexico recently?

About 1,695 New Mexico drilling permits were filed in the trailing 24 months, per New Mexico Oil Conservation Division records (as of August 1, 2026).

What is a DUC well, and how many are there in New Mexico?

A DUC is a "drilled but uncompleted" well — drilled but not yet hydraulically fractured or put on production. As of August 1, 2026, New Mexico had about 346 DUC wells in inventory. DUCs are a leading indicator of near-term completion and production activity.

Which plays and formations drive New Mexico oil and gas activity?

New Mexico activity centers on the Permian (Delaware Basin) in the southeast and the San Juan Basin in the northwest, among roughly 16 active formations across 30 counties, aggregated from New Mexico Oil Conservation Division records.

How often is this New Mexico oil and gas snapshot updated?

It is refreshed monthly from New Mexico Oil Conservation Division well and permit records. The current data is as of August 1, 2026.

I own New Mexico mineral rights — how do I find my operator and what they are worth?

Look up your operator in the operator directory to see their activity, then request a free written offer based on your specific tract, operator, formation, and decimal interest.

Quick Stats

State: New Mexico

Operators: 100

Counties: 30

Formations: 16

Permits 24mo: 1,695

DUCs: 346

Data as of: August 1, 2026

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