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  1. 20 cze 2024 · New Mexico is the nation’s second-largest crude oil-producing state, after Texas. In 2023, the state accounted for 14% of total U.S. crude oil production. New Mexico is among the top 10 natural gas-producing states and accounts for 7% of the nation’s total natural gas gross withdrawals.

  2. 26 sie 2024 · Oil in the Delaware, a sub-basin of the Permian that pushes into New Mexico, is trapped below the surface in more difficult-to-reach formations than in Texas. New Mexico’s stricter drilling and...

  3. 23 wrz 2024 · Although the Hobbs discovery came six years after the first oil production (seven years after the first natural gas well), petroleum geologists soon called it the most important single oil find in New Mexico history. The Midwest State No. 1 well — spudded in late 1927 using a standard cable-tool rig — saw its first signs of oil from the ...

  4. 21 wrz 2023 · Almost three-fourths of the country’s oil production is centered around five states: Texas, New Mexico, North Dakota, Alaska, and Colorado. We rank the other major oil producers in the world below. Rank

  5. 27 sty 2021 · The oil production is from both Delaware and San Juan basins but the exponential rise in Figure 1 that began in 2011 is from the Delaware basin. According to EMNRD, 24 wells in the Delaware...

  6. 11 gru 2023 · A windfall in government income from petroleum production is slowing down but far from over in New Mexico as the nation’s No. 2 oil production state grapples with how much it can effectively spend — and how to set aside billions of dollars for the future in case the world’s thirst for oil falters.

  7. 11 mar 2024 · In recent years, crude oil production in the Permian Basin (in western Texas and eastern New Mexico) drove the increases in total crude oil and natural gas production in the United States. Russia was the country with the most crude oil production in 2017, but production growth in Russia has since lagged behind the United States.

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