New Mexico responsible for astonishing amount of all U.S. oil production growth

According to the U.S. Energy Information Administration (EIA), New Mexico was responsible for an astonishing 50 percent of all U.S. oil production growth in 2022. reports, “For the third year in a row, New Mexico’s oil production growth eclipsed the growth of crude output in any other U.S. state, including Texas, the biggest U.S. oil-producing state and also home to part of the Permian shale basin.”

“Crude oil production in New Mexico jumped by 300,000 (barrels per day) bpd to 1.6 million bpd in 2022, a record for the state, the EIA has estimated.”

EIA’s offices are located in the James V. Forrestal Building in Washington, D.C., via Wikimedia Commons.

Crude oil production declined for the eighth year in a row in California and for the fifth year in a row in Alaska. 

“North Dakota, which had been one of the leading states in oil production growth in the past decade, saw oil production fall for the third consecutive year in 2022,” the report notes.

“The administration forecast in its Short-Term Energy Outlook (STEO) in May that U.S. crude oil production would continue to increase this year and next. Total U.S. crude oil production is set to climb to 12.5 million bpd in 2023 and to 12.7 million bpd in 2024, according to EIA’s most recent estimates.”

The EIA wrote, “More drilling activity leads to more oil production growth, and we follow the number of active drilling rigs reported by Baker Hughes. Based on this data, the number of land rigs increased by 8 in New Mexico, by 100 in Texas, and by 85 in all other states combined in 2022. In 2023, through the first week of May, the number of land rigs decreased in Texas by 8 and increased in New Mexico by 5.” 


7 thoughts on “New Mexico responsible for astonishing amount of all U.S. oil production growth”

  1. our governor loves the money brought in by the petroleum industry, but supports killing it at the same–cutting off one’s nose to spite their face–

  2. The money coming in from the oil goes to her and her cronies who are getting richer and richer off of the people of New Mexico. The Left make it harder and harder for regular people, expecially conservatives, to make a living while she subsidizes those who bow down to her. Just look at the business that she shut down with the lockdowns… wasn’t the liberal establishment or the big chains who bankroll her!

  3. NM gov. is favored by the current admin so she will ‘be allowed’ to do as they instruct. Guess NM can be thankful for her evilness in this instance as at least some people are working and hopefully making a decent wage.

  4. Where is my check from the revenue for oil and gas? Like they do in Alaska, where they send out checks every year for their oil and gas revenues? No no no can’t have the rabble share in the profits, it’s best spent by the morons in our government where they just piss it away, or it finds its way into their pockets. This needs to change.

  5. I’d imagine if a good forensic accountant would sift through the maze of shell corps and LLC’s and tracing nmg* mlg’s children and relatives for their connections would be a mirror for the scams the Xidung Cartel and the Clinton Cartel have set up for hiding their thefts, bribes, scams & campaign donations.

    *Not My Governess

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