New Mexico Fuels Record Oil Output from Onshore Federal Lands
Summary by Hart Energy
2 Articles
2 Articles
Federal Onshore Crude Production Surges with Permian Basin at the Forefront - Mansfield Energy
U.S. crude oil production on federal onshore lands is seeing record-setting momentum, with 2024 output reaching an all-time high of 1.7 Mbpd, a sixfold increase from 2008 levels, according to data from the U.S. Department of the Interior’s Office of Natural Resources Revenue and the EIA. Much of this growth stems from federal acreage in New Mexico’s Permian Basin, where drilling activity has increased. Over the past several years, the state has …
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