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Oil & Energy Industry Description

The Oil & Energy industry in New Mexico is a significant contributor to the state's economy. The industry has a long history in the state, dating back to the early 1900s. New Mexico is the third-largest oil-producing state in the United States, with an average daily production of over 1 million barrels of oil per day. The state also has significant natural gas reserves, with production averaging over 5 billion cubic feet per day. The Permian Basin, which spans across New Mexico and Texas, is the most significant oil-producing region in the state. The basin has seen significant growth in recent years, with advances in drilling technology and increased investment in the region. The Delaware Basin, located in the southeastern part of the state, is also a significant oil-producing region. The state's energy industry also includes renewable energy sources such as wind and solar power. New Mexico has abundant sunshine and strong winds, making it an ideal location for renewable energy de...

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81

COMPANIES

2.91 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Oil & Energy

$83,203

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Oil & Energy

United States, New Mexico

1 Billion and Over

501-1000

Oil & Energy

United States, New Mexico

10 Million to 25 Million

10001+

Oil & Energy

United States, New Mexico

1 Billion and Over

51-200

Oil & Energy

United States, New Mexico

50 Million to 100 Million

201-500

Oil & Energy

United States, New Mexico

25 Million to 50 Million

201-500

Oil & Energy

United States, New Mexico

25 Million to 50 Million

201-500

Oil & Energy

United States, New Mexico

10 Million to 25 Million

201-500

Oil & Energy

United States, New Mexico

1 Million to 5 Million

1001-5000

Oil & Energy

United States, New Mexico

25 Million to 50 Million

51-200

Oil & Energy

United States, New Mexico

25 Million to 50 Million

51-200

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employees

Segmentation by Number of Employees

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Industry + State Overview

The manufacturing and industrial industry in New Mexico plays a significant role in the state's economy. With a diverse range of sectors, including aerospace and defense, food processing, electronics, and energy, New Mexico's manufacturing and industrial sector contributes to job creation and economic growth. The aerospace and defense sector, for instance, is a major driver of the industry, with companies like Boeing and Lockheed Martin having a significant presence in the state. These companies engage in the production of aircraft, missiles, and other defense-related equipment, contributing to national security and providing employment opportunities for skilled workers. Additionally, the food processing industry in New Mexico is thriving, with numerous companies involved in the production and packaging of food products such as chilies, dairy products, and processed meats. This sector benefits from the state's agricultural resources and rich culinary heritage. The electronics indust...

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FAQ

FAQs

The top Oil & Energy companies in New Mexico are MBF Inspection Services, Armstrong Energy Corporation and Trinity Oilfield Services. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 81 of Oil & Energy companies in the US according to the latest CIENCE data.

The median revenue for Oil & Energy companies in the US is 2500000.

Yes, the Oil & Energy industry in New Mexico is known for Oil & Energy as there are 81 companies in New Mexico.

The average revenue for Oil & Energy companies in New Mexico is 35932099.

You can find job opportunities in the Oil & Energy in New Mexico through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Oil & Energy industry main page is found here.

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