New Mexico – Eddy County

In New Mexico, where the federal government owns 35% of the state’s total land, oil and natural gas production on public lands is a key part of the state’s economy. New Mexico is the country’s third-largest oil producer and the ninth-largest producer of natural gas. Out of the 329.5 million barrels of oil produced in New Mexico in 2019, more than half were produced on federal lands. Taxes, royalties, and revenues from this production accounts for 33.5 percent of the state budget for FY2020.

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