The latest on Oil production in New Mexico

With everything going on in New Mexico due to the economic situation and COVID 19, we know State revenues from oil and gas are down. But how’s oil production? We were curious. So, we checked out the data from the Oil Conservation Division. 

Overall, there has been a 21.6712% decrease between January and May of 2020. What does the rest of 2020 hold? We simply don’t know.