New Mexico Oil Production Curve from 1924-2016
Image taken: 02/21/2017by: Ron Broadhead
© 2017 New Mexico Bureau of Geology and Mineral Resources
About this image
Historical oil production in New Mexico from 1924-2016, compiled from data obtained from the U.S. Bureau of Mines, U.S. Department of Energy, and the New Mexico Oil Conservation Division. Compare this curve to oil production in New Mexico from 1981-2021. The production peak around 1970 was thought to represent peak oil in NM until the application of horizontal drilling and hydraulic fracturing beginning around 2010.
Image posted: 12-17-2021