NM Oil and Gas Industry Taxes Fund Programs and Development - New Mexico Oil & Gas Association

NM Oil and Gas Industry Taxes Fund Programs and Development

The oil and gas industry provides $13.1 billion in state and local revenue and supports over 100,000 jobs across New Mexico. This economic impact is felt in all corners of the state, even in counties that don't produce oil and gas.

Revenues from the industry support public education and higher education, healthcare, public safety, and infrastructure. In 2025, 1,500 new construction projects were funded primarily by oil and gas.

New Mexicans everywhere benefit from oil and gas-funded schools, hospitals, roads, and public safety programs. Find out how much you benefit from oil and gas at ForEveryNewMexican.com.