Tanada wrote: I didn't realize New Mexico was even a player but they tie with Alaska in having two each of the top twenty counties.
A lot of people forget that SE New Mexico is the western boundary of the Permian Basin. It will be interesting to see production over the next 5 years increase. Lots of Bone Spring Sand wells being drilled and permitted and unless the majors buy up all the small companies such as Concho, Mewbourne, Matador, etc...then drilling should continue strong and and only get stronger unless prices drop below $80/bbl.
I know the analogy of running on a treadmill but so far the completions continue to improve and IPs and Ultimates continue to also improve as companies experiment with different techniques.