home Oil Prices, Production New Mexico Moves Up In The Oil Production Rankings

New Mexico Moves Up In The Oil Production Rankings

New Mexico is one of the newest big oil producers in teh United States
Oil production is rising fast in New Mexico

New Mexico is among the nations top producing states and moves up in the oil and gas rankings. Since production is reaching record highs, New Mexico officials are celebrating. Production hit more than 16.3 million barrels of oil in New Mexico at the end of 2017. New Mexico Oil and Gas Association director Ryan Flynn said, “The production boom will provide more revenue for the state, easing pressure on lawmakers as they set spending priorities for education and other government programs during the upcoming legislative session.”

Share this article:
1 views