SANTA FE, N.M. (AP) — Efforts by New Mexico to save and invest portions of a financial windfall from local oil production are paying off as state government income on investments surpasses ...
U.S. October oil production increased by 259 kb/d to 13,457 kb/d. Texas production increased by 55 kb/d in October to 5,855 kb/d a new record high. According to the EIA, New Mexico’s October ...
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New Mexico oil drilling restrictions could curb outputThe Permian shale field, a portion of which lies within New Mexico's borders, is a significant contributor to the state's oil production. As of July 2024, New Mexico was producing 2.04 million ...
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