Oil and natural gas are integral parts of our economy and, through revenues and royalties, contributes more than any other industry to fund New Mexico's schools, public safety, and health care. Hundreds of businesses, big and small, create an industry that's dedicated to building a better economy and brighter future for our state and future generations to come.
Our oil and natural gas industry provides nearly one-third of the revenue for New Mexico's General Fund.
As our oil and natural gas industry grows, our country is less reliant on other countries, some of them hostile to America, in meeting our energy needs.
The average salary for the New Mexico oil and gas industry is $71,505 - more than $20,000 higher than the average New Mexico salary across all industries.
Oil and Natural Gas contributes more than $11.3 Billion to New Mexico’s economy - or 14.2% of the state economy.
New Mexico's oil and natural gas industry is responsible for over 100,000 jobs in the state.