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New Mexico Mineral Rights
New Mexico mineral rights were first exploited about the time of the founding of the state. The first successful gas well was completed in 1921. The first oil well in New Mexico was produced in 1924 by Van S. Welch, Tom Flynn, and Martin Yates. This oil well was drilled in southeastern New Mexico. Currently, producing mineral rights in New Mexico also include such resources as Helium and CO2.
Major Oil and Gas Production Zones in New Mexico
- Chama Basin
- Albuquerque Basin
- Zuni Gallup Basin
- St. Johns CO2 Area
- Jornada Del Muerto Basin
- Acoma/Lucero Basin
- Pedregosa Basin
- Las Vegas Basin
- Dalhart Basin
- Tucumcari Basin
- Sin Nombre Area
- Estancia Basin
- Tularosa Basin
- Chupadera Mesa Area
Oil and Gas Companies Active in New Mexico
- Armstrong Energy
- Cimarron Exploration
- Conoco Phillips
- EOG Resources
- Yates Petroleum
- Slayton Resources
- Schlumberger
- Santa Fe Exploration
- Manzona Resources
New Mexico Mineral Rights Links
New Mexico Energy, Minerals and Natural Resources Department: http://www.emnrd.state.nm.us/ocd/
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