New Mexico· County Detail
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No broker fees. No auction. We close with our own capital.
By Brad Caponigro, Founder · Last updated Feb 2026
Production data through Feb 2026
as of Feb 2026
as of Feb 2026
as of Feb 2026
as of Feb 2026
Over the twelve most recent reported months, Eddy County wells produced about 363.5 million barrels of oil and 1.9 billion Mcf of gas — an average of 995,778 barrels and 5,264,579 Mcf per day. That output comes from roughly 13,139 active wells, with 7,781 permitted locations on file. Monthly volumes have held in a steady band over the past year.
363,459,074 barrels of oil, Mar 2025 → Feb 2026
1,921,571,441 Mcf of natural gas, Mar 2025 → Feb 2026
Rates shown as barrels of oil per day and Mcf of natural gas per day, computed from monthly totals reported to NM OCD. Jan 2020 through Feb 2026. Download CSV · See methodology.
| Month | Oil (Bbl) | Gas (Mcf) |
|---|---|---|
| Jan 2020 | 12,750,536 | 63,617,715 |
| Feb 2020 | 12,251,118 | 59,958,909 |
| Mar 2020 | 14,134,301 | 67,319,539 |
| Apr 2020 | 13,254,343 | 61,734,568 |
| May 2020 | 11,135,347 | 55,127,397 |
| Jun 2020 | 12,248,522 | 60,575,620 |
| Jul 2020 | 12,692,754 | 66,151,367 |
| Aug 2020 | 12,740,501 | 67,044,411 |
| Sep 2020 | 12,551,755 | 66,246,844 |
| Oct 2020 | 13,082,080 | 67,470,731 |
| Nov 2020 | 12,690,884 | 65,108,004 |
| Dec 2020 | 12,630,425 | 64,828,922 |
| Jan 2021 | 12,611,466 | 65,602,850 |
| Feb 2021 | 10,068,103 | 54,091,678 |
| Mar 2021 | 12,949,874 | 70,244,358 |
| Apr 2021 | 13,085,204 | 70,303,029 |
| May 2021 | 14,790,725 | 75,053,359 |
| Jun 2021 | 15,472,065 | 75,276,237 |
| Jul 2021 | 16,570,592 | 80,686,873 |
| Aug 2021 | 16,605,578 | 81,407,862 |
| Sep 2021 | 15,624,300 | 78,154,323 |
| Oct 2021 | 16,980,846 | 84,859,904 |
| Nov 2021 | 17,076,724 | 82,936,088 |
| Dec 2021 | 17,040,596 | 84,712,479 |
| Jan 2022 | 16,820,449 | 82,900,962 |
| Feb 2022 | 15,747,855 | 79,104,300 |
| Mar 2022 | 18,140,000 | 93,142,922 |
| Apr 2022 | 18,639,248 | 95,422,845 |
| May 2022 | 19,164,704 | 97,452,279 |
| Jun 2022 | 18,903,211 | 94,656,666 |
| Jul 2022 | 20,151,079 | 100,693,673 |
| Aug 2022 | 21,137,317 | 104,849,888 |
| Sep 2022 | 20,126,991 | 103,559,340 |
| Oct 2022 | 20,970,122 | 107,991,097 |
| Nov 2022 | 21,088,505 | 106,810,825 |
| Dec 2022 | 23,011,810 | 113,758,153 |
| Jan 2023 | 22,549,893 | 112,518,687 |
| Feb 2023 | 20,266,614 | 104,392,614 |
| Mar 2023 | 23,160,092 | 123,272,130 |
| Apr 2023 | 22,165,669 | 117,807,917 |
| May 2023 | 22,470,029 | 120,878,775 |
| Jun 2023 | 20,938,054 | 112,854,558 |
| Jul 2023 | 21,418,831 | 119,125,616 |
| Aug 2023 | 21,698,086 | 118,404,576 |
| Sep 2023 | 21,566,143 | 116,208,206 |
| Oct 2023 | 21,898,100 | 119,742,149 |
| Nov 2023 | 22,172,181 | 118,500,697 |
| Dec 2023 | 24,402,890 | 126,668,421 |
| Jan 2024 | 23,852,321 | 124,193,671 |
| Feb 2024 | 23,353,439 | 121,673,740 |
| Mar 2024 | 24,648,200 | 129,104,020 |
| Apr 2024 | 23,013,184 | 119,185,751 |
| May 2024 | 23,724,346 | 123,629,365 |
| Jun 2024 | 24,217,339 | 128,112,980 |
| Jul 2024 | 26,193,989 | 137,528,446 |
| Aug 2024 | 25,981,010 | 138,051,234 |
| Sep 2024 | 26,306,321 | 139,265,168 |
| Oct 2024 | 28,100,974 | 148,492,996 |
| Nov 2024 | 27,390,819 | 142,121,623 |
| Dec 2024 | 27,554,356 | 149,394,264 |
| Jan 2025 | 26,361,960 | 143,376,984 |
| Feb 2025 | 25,049,070 | 133,533,667 |
| Mar 2025 | 29,478,929 | 158,137,945 |
| Apr 2025 | 27,194,778 | 147,049,462 |
| May 2025 | 28,310,757 | 156,429,509 |
| Jun 2025 | 27,443,882 | 150,376,623 |
| Jul 2025 | 30,197,165 | 163,902,053 |
| Aug 2025 | 30,456,862 | 165,651,305 |
| Sep 2025 | 30,783,670 | 164,666,652 |
| Oct 2025 | 33,031,161 | 166,674,265 |
| Nov 2025 | 32,756,344 | 166,770,872 |
| Dec 2025 | 33,602,042 | 170,993,907 |
| Jan 2026 | 30,714,909 | 162,382,222 |
| Feb 2026 | 29,488,575 | 148,536,626 |
| Operator | Parent | Ticker | HQ |
|---|---|---|---|
| ConocoPhillips | — | COP(NYSE) | Houston, TX |
| Oxy | Occidental Petroleum | OXY(NYSE) | Houston, TX |
| XTO Energy | ExxonMobil | XOM(NYSE) | Spring, TX |
| Mewbourne Oil | — | Private | Tyler, TX |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Eddy County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Eddy County is on our active buy list. We buy mineral interests, royalty interests, NPRI, and ORRI on both producing and non-producing tracts targeting the Wolfcamp, Bone Spring, and Avalon formations.
The most active operators we track in Eddy County include ConocoPhillips, Oxy, XTO Energy, Mewbourne Oil. We regularly buy interests held under leases with these operators.
Eddy County sits in the Permian Basin, where the primary target is wolfcamp / bone spring. Here we underwrite the Wolfcamp, Bone Spring, and Avalon formations.
Yes. Eddy County is one of our top-tier acquisition areas. We can usually turn an offer around in 48 hours and we will compete on price for tracts inside the active development area.
Eddy County sits immediately west and south of Lea County and shares the Delaware Basin geology. Wolfcamp and Bone Spring are the dominant intervals. Eddy County is generally slightly wetter (more gas content) than Lea County, with associated effects on owner economics — more sensitivity to Waha gas pricing and NGL recoveries. Bonuses and royalty multiples in Eddy County are very close to Lea County comparables in the most active townships.
Eddy County has substantial legacy conventional production (Yates field, Vacuum Field, others) in addition to modern Delaware Basin horizontal development. Owners with interests in legacy fields receive royalty at lower per-acre rates than modern horizontal development but often from very long-lived production. Underwriting legacy Eddy County interests requires a different model than underwriting modern Wolfcamp/Bone Spring interests; we can value either depending on what you hold.
New Mexico imposes a combined effective severance tax of roughly 8% on most Eddy County production: oil and gas severance tax 3.75%, oil and gas school tax (3.15% oil / 4.0% gas), oil and gas conservation tax 0.19%, plus county-level oil and gas ad valorem (typically 1-2% in Eddy). The tax is borne by the lessee (operator) and netted out before your royalty is calculated, so the realized price on your check is post-severance. This is a higher tax burden than Texas (~4.6% oil), so a comparable Eddy County and Reeves County royalty interest will have slightly different realized economics on the same gross production.
Closings on Eddy County mineral rights typically take 7 to 30 days from the date you accept our offer, depending on title complexity. We handle county-level title work, PSA drafting, mineral deed preparation, and notary coordination at our expense.
Just a tract description (abstract or survey, section/township/range, or a legal description from your deed) and any recent royalty check stubs if the interest is producing. You do not need to gather deeds or title opinions up front.
Eddy County sits in the Permian Basin, where operators are targeting wolfcamp / bone spring. Activity is led by names like ConocoPhillips, Oxy, XTO Energy, and new drilling continues to shape the play across the Wolfcamp and Bone Spring formations.
If you hold mineral rights, royalty interests, NPRI, or ORRI anywhere in the county, we'd like to put a written offer in front of you. Every offer we send is funded from our own balance sheet — there's no auction, no broker markup, and no third-party capital waiting to approve the deal.
Eddy County is one of our highest-priority acquisition areas. Top-tier operators are running active drilling programs here and we're making offers on both producing and non-producing tracts.
Monthly production has held within a normal band over the last year, suggesting steady development without a recent completion wave.