Welcome to newmexicomineralgroup.com. If you own mineral rights in Valencia County, New Mexico then you may be sitting on a proverbial gold mine. Your mineral rights are sitting on one of the largest deposits of oil and gas in the world. You could have future […]
Author: New Mexico Mineral Group
New Mexico’s Oil Boom Is Under Threat
New Mexico is home to part of the Permian play, the star of the shale industry and the place where oil production is growing at the fastest pace in the country. It is also the state whose new governor has one of the most ambitious […]
STUDY: $64 BILLION GENERATED FOR NM BY EXXONMOBIL INVESTMENT IN PERMIAN BASIN
ExxonMobil’s development of assets in the Permian Basin is estimated to provide $64 billion benefiting New Mexico over the next four decades, according to a report released by the company Friday. The company said its investment in the Permian will represent $55 billion in capital expenditures […]
OIL AND GAS INDUSTRY PREDICTS BILLIONS IN INVESTMENTS IN NEW MEXICO THROUGH 2030
Solutions to the Permian Basin’s pipeline bottleneck problem could grow in the next decade as the oil and gas industry is expected to invest almost $200 billion in new infrastructure. By 2030, the industry in New Mexico was predicted to attract up to $174 billion […]
Report: Oil Boom to Continue, More Infrastructure Needed
New Mexico‘s oil and gas industry is expected to keep growing at a record pace, resulting in more revenue for the state and billions of dollars in new infrastructure investments to get the commodities to market. Analysts estimate it will take $174 billion of new […]
New Mexico Field Production of Crude Oil
View historic New Mexico production of Crude Oil