New Mexico Oil Production: Barrels per Day, Month by Month
New Mexico produced about 2.42 million barrels of crude oil a day in July 2026, 17.4% of US output and #2 among the states, +8.3% from a year earlier. It has more than doubled its output since 2019 on the strength of the Delaware Basin, the western half of the Permian, and is now second only to Texas among the states.
Key Figures
EIA monthly · July 2026| Measure | Value | Source |
|---|---|---|
| Crude production, July 2026 | 2,420 kb/d (2.42 Mb/d) | EIA, preliminary |
| Rank among the states | #2 | EIA |
| Share of US crude output | 17.4% | EIA |
| Change from prior month | +49 kb/d | EIA |
| Change from a year earlier | +185 kb/d (+8.3%) | EIA |
| 12-month average | 2,304 kb/d | EIA, computed |
| 2 million b/d | State production passed 2 million barrels a day in 2024, more than doubling 2019 output | Dallas Fed / Gallagher & Kennedy, 2024 |
| Producing counties | Lea, Eddy, Chaves and Roosevelt counties in the southeast | Dallas Fed |
| State finances | About half of the general fund traces to oil and gas taxes and royalties, mostly from production on public land (as reported in December 2023) | DTN/AP, Dec 2023 |
Ranked against every other state on oil production by state; national context on US oil production.
Monthly Production, Last 26 Months
Thousand barrels per day| Month | kb/d | Change vs prior month | Change vs year earlier |
|---|---|---|---|
| July 2026 | 2,420 | +49 | +8.3% |
| June 2026 | 2,371 | −31 | +8.8% |
| May 2026 | 2,402 | +45 | +10.5% |
| April 2026 | 2,357 | +55 | +9.4% |
| March 2026 | 2,302 | −1 | +4.9% |
| February 2026 | 2,303 | +185 | +8.9% |
| January 2026 | 2,118 | −115 | +4.3% |
| December 2025 | 2,233 | −65 | +5.5% |
| November 2025 | 2,298 | −23 | +7.9% |
| October 2025 | 2,321 | +39 | +9.3% |
| September 2025 | 2,282 | +39 | +9.8% |
| August 2025 | 2,243 | +8 | +6.9% |
| July 2025 | 2,235 | +56 | +10.4% |
| June 2025 | 2,179 | +5 | +9.4% |
| May 2025 | 2,174 | +20 | — |
| April 2025 | 2,154 | −40 | — |
| March 2025 | 2,194 | +80 | — |
| February 2025 | 2,114 | +83 | — |
| January 2025 | 2,031 | −86 | — |
| December 2024 | 2,117 | −12 | — |
| November 2024 | 2,129 | +6 | — |
| October 2024 | 2,123 | +44 | — |
| September 2024 | 2,079 | −20 | — |
| August 2024 | 2,099 | +74 | — |
| July 2024 | 2,025 | +33 | — |
| June 2024 | 1,992 | — | — |
EIA petroleum/crd/crpdn, crude oil field production by state. The newest month is preliminary and is revised as operators report; the data is published with a lag of roughly two and a half months.
The Delaware Basin Surge
How New Mexico got here
- The Delaware sub-basin of the Permian extends well across the state line from West Texas, and horizontal drilling there set new state records for crude and gas.
- Much of the acreage is public land, so leases and royalties feed the state Land Grant Permanent Fund, which supports schools, hospitals and universities.
- It is the same rock as Texas's Permian output: see Texas oil production, and the rig map for where wells are being drilled.
What to watch
- The state's budget dependence on oil, which makes New Mexico sensitive to price swings and to any federal leasing changes.
- Natural gas, produced alongside the oil; see natural gas storage for the national gas balance.
- How the ranking against Texas and North Dakota evolves on oil production by state.
New Mexico Oil Production FAQ
How much oil does New Mexico produce?
New Mexico produced about 2.42 million barrels of crude oil a day in July 2026 (2,420 thousand barrels a day), 17.4% of US output and #2 among the states. That is +8.3% from a year earlier. Source: EIA monthly state estimates; the latest month is preliminary.
Why has New Mexico oil production grown so fast?
Drilling in the Delaware Basin, the western part of the Permian, has taken off since 2019 as horizontal wells proved productive there. Production passed 2 million barrels a day in 2024, according to reports citing state and federal data.
How important is oil to the New Mexico budget?
Reports in December 2023 said about half of the state general fund could be traced to oil and gas taxes and royalties, largely from production on public lands, with royalties also feeding the state's Land Grant Permanent Fund.