NEW MEXICO’S OIL AND GAS INDUSTRY CONTINUES TO FLOURISH. ROBERT MCENTYRE WITH THE NEW MEXICO OIL AND GAS ASSOCIATION SAYS OIL PRODUCTION SOARED IN 2018 WITH A RECORD 250 MILLION BARRELS OF OIL PRODUCED…AND A LARGE AMOUNT OF THAT PRODUCTION CAME FROM THE PERMIAN BASIN. MCENTYRE TELLS US NEW MEXICO REMAINS A MAJOR PLAYER IN THE NATION’S OIL INDUSTRY.
LAST YEAR’S RECORD PRODUCTION WAS A 46 PERCENT INCREASE OVER WHAT WAS PRODUCED IN 2017.
