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Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
The San Juan Basin contains ample fuel resources, including oil, gas, coal, and uranium. The basin has produced from over 300 oil fields and nearly 40,000 wells, most of which are sourced from Cretaceous-aged rocks. Furthermore, 90% of the wells have been drilled in the state of New Mexico.
Jun. 5—It's no secret that oil and gas wells abound in New Mexico's San Juan and Permian basins. A lesser-known fact is the number of residents who live close enough to fossil fuel operations to ...
Map of the Mid-continent oil field. The Mid-continent oil field is a broad area containing hundreds of oil fields in the U.S. states of Arkansas, Kansas, Louisiana, New Mexico, Oklahoma and Texas. The area, which consists of various geological strata and diverse trap types, was discovered and exploited during the first half of the 20th century.
In 2023, New Mexico was producing about 1.8 million barrels per day (657 million barrels that year) of crude oil, 10 times more than it was producing in 2010, thanks to investments in new fracking ...
NEW MEXICO (KRQE) – The Permian Basin, the largest oil reserve in the world located in western Texas and southeastern New Mexico, was once also known for its dark skies.But over the years as oil ...
The Delaware Basin is a geologic depositional and structural basin in West Texas and southern New Mexico, famous for holding large oil fields and for a fossilized reef exposed at the surface. Guadalupe Mountains National Park and Carlsbad Caverns National Park protect part of the basin.
When I spoke with the New Mexico Oil and Gas Association, it was a similar conversation, albeit more solutions-focused on state policies legislators could enact to help with the abandoned wells issue.