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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, current permit pipeline, DUC stack, recent rig activity, and newly producing wells. Refreshed daily from New Mexico Oil Conservation Division records.

Data as of September 17, 2026 Source: New Mexico Oil Conservation Division · refreshed daily

Original Data As of September 17, 2026

As of September 17, 2026, New Mexico had 100 active oil & gas operators across 30 counties and 21 formations, led by Hilcorp Energy Company with 14,138 wells, with 1,591 drilling permits filed in the last 24 months and 2,000 drilled-but-uncompleted (DUC) wells in inventory, per New Mexico Oil Conservation Division records.

100
Active operators
30
Producing counties
1,591
Permits filed (last 24 mo)
2,000
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 by activity; drilling permits over a trailing 24-month window; and current DUC (drilled-but-uncompleted) inventory.
Updated: Refreshed daily — data current as of September 17, 2026
Total Wells (Top 100 Operators)
98,372
Recent Permits
1,591
last 24 months
DUC Inventory
2,000
drilled, uncompleted
Recent Spuds
314
last 90 days
New Producers
370
first prod in last 6 months
Active Counties
30
Active Formations
21
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 14,138 548 110 Pictured Clliffs San Juan
2 Eog Resources 8,720 768 665 Avalon-Bone Spring Lea
3 Oxy 5,243 536 375 Avalon-Bone Spring Eddy
4 Devon Energy Production Company 4,660 793 364 Avalon-Bone Spring Eddy
5 Mewbourne Oil Company 3,519 548 263 Permian Basin Eddy
6 Xto Energy 3,285 611 332 Permian Basin Eddy
7 Cog Operating 3,024 147 78 Avalon-Bone Spring Eddy
8 Chevron 2,495 288 239 Permian Basin Lea
9 Simcoe LLC 2,398 17 22 Pictured Clliffs San Juan
10 Matador Production Company 2,317 711 185 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 48,779 4,301 169 3,577 Eog Resources Morrow
Eddy 41,904 3,576 141 2,170 Eog Resources Avalon-Bone Spring
San Juan 22,464 187 3 3,599 Hilcorp Energy Company Pictured Clliffs
Rio Arriba 12,931 93 0 1,105 Hilcorp Energy Company Pictured Clliffs
Chaves 7,559 120 1 335 Eog Resources Abo-Pecos Slope
Roosevelt 1,786 10 0 77 Ridgeway Arizona Oil Permian Basin
Sandoval 1,746 61 0 541 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 29,827 656 337
Permian Basin 17,835 471 6,428
Pictured Clliffs 16,011 157 27
Morrow 15,081 708 463
Nw Shelf Perm-Penn Carbonate 13,493 415 151
San Juan Basin 7,341 228 312
Dakota 6,411 129 2
Wolfcamp 2,959 73 441
Abo-Pecos Slope 2,029 81 93
San Andres 1,276 157 31

Latest 10 Drilling Permits

Permit DateWellAPICountyFormationOperator
2026-08-11 Js 21 16 Federal Com #426h 3001558748 Eddy Permian Basin Chevron
2026-08-11 Js 21 16 Federal Com #425h 3001558747 Eddy Permian Basin Chevron
2026-08-11 Js 21 16 Federal Com #422h 3001558744 Eddy Permian Basin Chevron
2026-08-11 Orrtanna 20 Federal Com #103h 3002556628 Lea Permian Basin Eog
2026-08-11 Orrtanna 20 Federal Com #202h 3002556632 Lea Permian Basin Eog
2026-08-11 Orrtanna 20 Federal Com #104h 3002556629 Lea Permian Basin Eog
2026-08-11 Orrtanna 20 Federal #203h 3002556633 Lea Permian Basin Eog
2026-08-11 Orrtanna 20 Federal Com #107h 3002556631 Lea Permian Basin Eog
2026-08-11 Orrtanna 20 Federal Com #105h 3002556630 Lea Permian Basin Eog
2026-08-11 Js 21 16 Federal Com #423h 3001558745 Eddy Permian Basin Chevron
View all recent New Mexico permits →

Latest 10 Spudded Wells

Spud DateDays AgoWellOperatorCountyFormation
2026-09-04 11 Lusitano 27 34 Federal Com #813h Devon Energy Production Company Eddy Permian Basin
2026-09-04 11 Red Bull 30 31 Federal State Com #202h Devon Energy Production Company Lea Permian Basin
2026-09-04 11 Pile Driver 24 13 Federal Com #524h Mewbourne Oil Company Lea Permian Basin
2026-09-04 11 Olive Won Unit #042h Oxy Eddy Permian Basin
2026-09-04 11 Sun State Com #221h Coterra Energy INC Lea Permian Basin
2026-09-04 11 Pure Gold Mdp1 29 17 Federal Com #023h Oxy Eddy Permian Basin
2026-09-04 11 Ore Digger Federal #503h Cog Operating Lea Permian Basin
2026-09-04 11 Star Fox 9 Federal Com #121h Novo Oil & Gas Texas Eddy Permian Basin
2026-08-28 18 The Aggie #031h Riley Permian Operating Eddy Permian Basin
2026-08-28 18 Poker Lake Unit 20 8 Bd #208h Xto Energy Eddy Permian Basin
View all recently spudded New Mexico wells →

Latest 10 Newly Producing Wells

First ProdDays ProducingWellOperatorCountyFormation
2026-06-01 106 Felina Fee #006h Burk Royalty Lea Permian Basin
2026-06-01 106 Donkey Potroast Federal Com #504h Cog Operating Lea Permian Basin
2026-06-01 106 Donkey Potroast Federal Com #503h Cog Operating Lea Permian Basin
2026-06-01 106 Donkey Potroast Federal Com #502h Cog Operating Lea Permian Basin
2026-06-01 106 Donkey Potroast Federal Com #501h Cog Operating Lea Permian Basin
2026-05-01 137 Muy Wayno 18 7 Federal Com #402h Xto Energy Eddy Permian Basin
2026-05-01 137 Pretty Good 20 Federal Com #801h Eog Resources Lea Permian Basin
2026-05-01 137 Mad Adder 31 State Com #213h Eog Resources Lea Permian Basin
2026-05-01 137 Flaming Snail Federal Com #707h Cog Operating Eddy Permian Basin
2026-05-01 137 Corral 20 32 Federal Com #103h Xto Energy Eddy Permian Basin
View all newly producing New Mexico wells →

10 Most-Recent New Mexico DUCs

Spud DateDays Since SpudWellOperatorCountyFormation
2026-09-04 11 Star Fox 9 Federal Com #121h Novo Oil & Gas Texas Eddy Permian Basin
2026-09-04 11 Pile Driver 24 13 Federal Com #524h Mewbourne Oil Company Lea Permian Basin
2026-09-04 11 Ore Digger Federal #503h Cog Operating Lea Permian Basin
2026-09-04 11 Sun State Com #221h Coterra Energy INC Lea Permian Basin
2026-09-04 11 Lusitano 27 34 Federal Com #813h Devon Energy Production Company Eddy Permian Basin
2026-09-04 11 Red Bull 30 31 Federal State Com #202h Devon Energy Production Company Lea Permian Basin
2026-09-04 11 Olive Won Unit #042h Oxy Eddy Permian Basin
2026-09-04 11 Pure Gold Mdp1 29 17 Federal Com #023h Oxy Eddy Permian Basin
2026-08-28 18 Shiprock 5 Fed Com #752h Eog Resources Lea Permian Basin
2026-08-28 18 Tater Salad Federal Com #905h Cog Operating Eddy Permian Basin
View the full New Mexico DUC inventory →

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About This Dashboard

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

Refresh cadence: Daily. Data current as of September 17, 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 September 17, 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 1,591 New Mexico drilling permits were filed in the trailing 24 months, per New Mexico Oil Conservation Division records (as of September 17, 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 September 17, 2026, New Mexico had about 2,000 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 21 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 daily from New Mexico Oil Conservation Division well and permit records. The current data is as of September 17, 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: 21

Permits 24mo: 1,591

DUCs: 2,000

Data as of: September 17, 2026

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