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The Largest Oil & Gas Operators in New Mexico

The largest oil and gas operators active in New Mexico — ranked by total well count, with recent drilling activity, DUC inventory, and producing-well counts for each. Click any operator to see their full profile and current permits.

Refreshed monthly from NMOCD well-header records. Data current as of 2026-08-01.

Quick answer: By wells operated, Hilcorp Energy Company is the largest oil and gas operator in New Mexico with 14,133 wells on record, followed by Eog Resources (8,674) and Oxy (5,256). Ranked from New Mexico Oil Conservation Division (NMOCD) well-header records (as of 2026-08-01) and refreshed monthly. This is an operated-well-count ranking, not a revenue or market-cap ranking.

Original Data As of 2026-08-01

As of 2026-08-01, the most active operator in New Mexico is Hilcorp Energy Company with 14,133 wells on record and 553 recent permits, across the top 100 ranked operators, per New Mexico Oil Conservation Division (NMOCD) records.

Hilcorp Energy Company
Most active operator
14,133 wells
Wells on record (top operator)
100
Operators ranked
Source: New Mexico Oil Conservation Division (NMOCD) well-header records
Methodology: Operators ranked by total well count, with recent permits, DUC inventory, and producing-well counts aggregated per operator.
Updated: Refreshed monthly — data current as of 2026-08-01
Operators Ranked
100
Combined Wells
98,204
Recent Permits (24mo)
8,608
Combined DUCs
4,982
#OperatorWellsPermits 24moDUCsProducingTop FormationTop County
1 Hilcorp Energy Company 14,133 553 109 13,912 Pictured Clliffs San Juan
2 Eog Resources 8,674 832 629 4,843 Avalon-Bone Spring Lea
3 Oxy 5,256 581 368 3,756 Avalon-Bone Spring Eddy
4 Devon Energy Production Company 4,651 819 364 2,278 Avalon-Bone Spring Eddy
5 Mewbourne Oil Company 3,516 577 236 2,439 Permian Basin Eddy
6 Xto Energy 3,244 579 316 2,178 Permian Basin Eddy
7 Cog Operating 3,024 153 78 1,769 Avalon-Bone Spring Eddy
8 Chevron 2,488 304 232 1,787 Permian Basin Lea
9 Simcoe LLC 2,398 19 22 2,352 Pictured Clliffs San Juan
10 Matador Production Company 2,296 689 157 1,289 Permian Basin Lea
11 Coterra Energy INC 2,145 295 177 1,215 Permian Basin Lea
12 Conocophillips Company 1,979 93 104 1,185 Nw Shelf Perm-Penn Carbonate Lea
13 Permian Resources Operating LLC 1,837 817 283 940 Permian Basin Eddy
14 Sep Legacy LLC 1,667 0 3 1,662 Nw Shelf Perm-Penn Carbonate Eddy
15 Morning Star Oil Company 1,601 1 123 1,394 Pictured Clliffs Lea
16 Spur Energy Partners LLC 1,590 122 71 1,293 Nw Shelf Perm-Penn Carbonate Eddy
17 Burlington Resources Oil & Gas Company 1,536 0 80 1,093 Pictured Clliffs San Juan
18 Dugan Production 1,428 12 61 1,328 San Juan Basin San Juan
19 Apache 1,419 0 49 1,008 Morrow Lea
20 Logos Operating 1,338 45 44 1,243 Dakota Rio Arriba
21 Southwest Royalties 1,279 0 19 1,234 Morrow Lea
22 Mack Energy 1,227 49 81 645 Nw Shelf Perm-Penn Carbonate Eddy
23 High River Resources Operating LLC 1,221 0 17 1,201 Las Vegas - Raton Basin Colfax
24 Bpx Operating Company 1,163 0 61 864 Pictured Clliffs San Juan
25 Riley Permian Operating 1,103 61 32 890 Avalon-Bone Spring Eddy
26 Enduring Resources 1,055 67 21 917 San Juan Basin Rio Arriba
27 Maverick Permian LLC 992 0 66 874 Nw Shelf Perm-Penn Carbonate Lea
28 Djr Operating 965 88 33 704 San Juan Basin San Juan
29 Cimarex Energy Company 957 6 45 405 Avalon-Bone Spring Eddy
30 Marathon Oil Company 953 98 71 471 Avalon-Bone Spring Eddy
31 Empire New Mexico LLC 846 1 24 796 Morrow Lea
32 Wpx Energy 780 95 36 459 Avalon-Bone Spring Eddy
33 Fae Ii Operating LLC 755 4 20 727 Morrow Lea
34 Lh Operating LLC 728 102 27 700 Nw Shelf Perm-Penn Carbonate Eddy
35 Bta Oil Producers 641 45 43 423 Avalon-Bone Spring Lea
36 Earthstone Operating 511 41 24 367 Avalon-Bone Spring Lea
37 Epic Energy 503 0 1 502 San Juan Basin San Juan
38 Texaco Exploration And Production 490 0 58 200 Nw Shelf Perm-Penn Carbonate Lea
39 Ctoc Energy LLC 485 0 0 477 Nw Shelf Perm-Penn Carbonate Lea
40 Rover Operating 451 21 26 415 Nw Shelf Perm-Penn Carbonate Eddy
41 Iacx Production LLC 450 0 1 449 Abo-Pecos Slope Chaves
42 Civitas Permian Operating LLC 431 79 43 248 Permian Basin Lea
43 Ridgeway Arizona Oil 430 12 16 402 Morrow Roosevelt
44 Kaiserfrancis Oil Company 429 73 26 249 Avalon-Bone Spring Lea
45 Solis Partners LLC 426 0 0 424 Abo-Pecos Slope Chaves
46 3r Operating LLC 402 189 30 281 Permian Basin Lea
47 Acacia Operating Company LLC 401 274 30 368 Morrow Eddy
48 Burnett Oil 379 10 6 303 Nw Shelf Perm-Penn Carbonate Eddy
49 Raybaw Operating LLC 379 174 10 368 Avalon-Bone Spring Lea
50 Cano Petro Of New Mexico 348 0 16 316 Permian Basin Chaves
51 Extex Operating Company 345 0 4 341 Nw Shelf Perm-Penn Carbonate Lea
52 Pogo Producing Company 343 0 10 24 Avalon-Bone Spring Lea
53 Harvard Petroleum Company 333 0 5 310 Avalon-Bone Spring Eddy
54 Energen Resources 318 0 10 267 Pictured Clliffs Rio Arriba
55 Bxp Operating 310 0 42 263 Avalon-Bone Spring Eddy
56 Texian Operating Company LLC 308 58 2 305 Morrow Lea
57 Black Hills Gas Resources 295 0 29 103 Pictured Clliffs Rio Arriba
58 Jr Oil 293 0 2 289 Morrow Lea
59 Stephens & Johnson Operating Company 289 0 2 280 Avalon-Bone Spring Eddy
60 Chesapeake Energy 289 0 38 153 Avalon-Bone Spring Lea
61 Legacy Reserves Operating 284 0 11 220 Morrow Lea
62 Marbob Energy 279 0 26 159 Nw Shelf Perm-Penn Carbonate Eddy
63 Cog Production 254 5 9 204 Avalon-Bone Spring Lea
64 Novo Oil & Gas Texas 249 6 22 130 Permian Basin Eddy
65 Elm Ridge Exploration Company 247 0 11 206 San Juan Basin San Juan
66 G And C Operating LLC 242 0 2 240 Avalon-Bone Spring Eddy
67 Cameron Oil & Gas 237 0 15 219 Avalon-Bone Spring Eddy
68 Saguaro Petroleum 235 116 3 229 Nw Shelf Perm-Penn Carbonate Eddy
69 Advanced Wireless Communications 235 0 2 233 Pictured Clliffs San Juan
70 Phillips Petroleum Company 232 0 31 114 Nw Shelf Perm-Penn Carbonate Lea
71 Canyon E & P Company 228 0 3 225 Permian Basin Chaves
72 Jicarilla Energy Company 217 13 10 200 Pictured Clliffs Rio Arriba
73 Linn Operating 213 0 6 161 Nw Shelf Perm-Penn Carbonate Eddy
74 Forty Acres Energy 208 6 16 179 Avalon-Bone Spring Lea
75 Xeric Oil & Gas 197 0 4 174 Avalon-Bone Spring Lea
76 Vf Petroleum 196 19 23 111 Permian Basin Eddy
77 Union Oil CO Of California 194 0 5 29 Morrow Chaves
78 Merrion Oil & Gas 194 0 19 154 San Juan Basin San Juan
79 Oleum Energy LLC 193 0 5 188 Avalon-Bone Spring Eddy
80 Nearburg Producing Company 192 0 28 62 Avalon-Bone Spring Eddy
81 Redwood Operating 186 0 1 114 Avalon-Bone Spring Eddy
82 Desert Mountain Energy CORP 178 97 0 178 Abo-Pecos Slope Chaves
83 Breitburn Operating 177 0 6 163 Sierra Grande Uplift Lea
84 Scout Energy Management 174 0 10 159 Thirty-One Carbonate-Chert Lea
85 Dominion Production Company 173 0 24 149 San Juan Basin Mckinley
86 Jonah Energy 170 103 1 169 Avalon-Bone Spring Lea
87 Robert L Bayless Producer 169 1 15 138 San Juan Basin San Juan
88 Playa Minerals & Energy 162 0 6 144 San Juan Basin San Juan
89 Avant Operating Ii, LLC 162 138 30 23 Permian Basin Lea
90 Chi Operating 156 0 18 87 Avalon-Bone Spring Eddy
91 Longfellow Energy 155 45 8 99 Nw Shelf Perm-Penn Carbonate Eddy
92 Contango Resources Company 150 0 3 111 Avalon-Bone Spring Eddy
93 Bopco 150 0 9 57 Avalon-Bone Spring Eddy
94 Llj Ventures LLC Dba Marker Oil & Gas 149 0 9 139 Avalon-Bone Spring Eddy
95 Sdx Resources 147 0 3 37 Avalon-Bone Spring Eddy
96 Bensonmontingreer Drilling 145 0 11 129 San Juan Basin Rio Arriba
97 Bepco 140 0 13 20 Avalon-Bone Spring Eddy
98 Armstrong Energy 139 5 18 114 Morrow Lea
99 Strata Production Company 137 16 12 84 Avalon-Bone Spring Eddy
100 Premier Oil & Gas 136 0 1 131 Nw Shelf Perm-Penn Carbonate Eddy

About This Leaderboard

Source: New Mexico Oil Conservation Division well-header records.

Ranking: Operators ranked by total well count under their current operator-of-record. Recent permits cover the last 24 months; DUC count is wells spudded but not yet producing; producing-well count is wells with a first-production date on file.

Why it matters: Knowing who operates the most wells in New Mexico — and who's drilling the most NOW — helps mineral owners understand who they're dealing with at the lease level.

Refresh cadence: Monthly. Data current as of 2026-08-01.

Download: CSV · JSON — free to reuse under CC BY 4.0.

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

Citation (plain text)
BibTeX (machine-readable)

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.

Frequently Asked Questions

Who is the biggest oil company in New Mexico?

By wells operated, Hilcorp Energy Company is the largest oil and gas operator in New Mexico, with 14,133 wells on record per New Mexico Oil Conservation Division (NMOCD) data. Note that "biggest" by revenue or market capitalization can rank differently — this measures operated well count.

What are the top 10 oil companies in New Mexico by wells operated?

The top 10 operators by operated well count are: Hilcorp Energy Company, Eog Resources, Oxy, Devon Energy Production Company, Mewbourne Oil Company, Xto Energy, Cog Operating, Chevron, Simcoe LLC, Matador Production Company. The full top-100 ranking with permits, DUC inventory, and producing-well counts is in the leaderboard below.

Who operates the most oil and gas wells in New Mexico?

Hilcorp Energy Company operates the most wells in New Mexico at 14,133, with 553 permits filed in the last 24 months, per NMOCD well-header records.

How many oil and gas operators are ranked here?

This leaderboard ranks the top 100 operators active in New Mexico by total well count. Many more file with the regulator; these are the largest by operated wells.

Is this ranking by revenue or by wells operated?

By wells operated — the count of wells under each company's current operator-of-record designation in New Mexico Oil Conservation Division (NMOCD) records. It is not a revenue, production-volume, or market-capitalization ranking.

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Quick Stats

State: New Mexico

Operators ranked: 100

Total wells: 98,204

Permits (24mo): 8,608

Last refresh: 2026-08-01

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