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About ExxonMobil in New Mexico
New Mexico is a key part of ExxonMobil’s Permian Basin portfolio. Operating primarily in Eddy and Lea Counties, we have drilled and completed more than 1,000 horizontal wells in the Delaware Basin since 2017, helping meet energy demand while strengthening local communities. In 2026, we completed the installation of continuous methane monitoring on all of our key assets in New Mexico. This moves us closer to our Permian Net Zero ambition.
Our business presence
Our impact
In 2025, ExxonMobil paid more than $500 million in New Mexico taxes* and nearly $140 million in royalties.
* Includes severance, income, use and ad valorem taxes
Our people
Our New Mexico workforce includes nearly 750 employees and contractors.
Our operations
We produce more than 500,000 Oil Equivalent Barrels (BOED) every day across more than 275,000 net acres, helping power people and industry in New Mexico and across the U.S.
Community involvement
We contribute more than $1,000,000 annually to more than 30 non-profit organizations across the state.
Community involvement and news
“NM is fertile ground for hydrogen and carbon capture and storage
When it comes to the energy transition, New Mexico stands ready to lead the nation. The future of energy will include a combination of energy forms, many of which we can produce.”
Harnessing power of hydrogen critical to state’s energy transition
The time is now for New Mexico to move toward a new energy future. The Department of Energy is investing $7 billion in regional clean energy Hydrogen Hubs.
The benefits of oil and gas in New Mexico
New Mexico is one of the United States’ leading oil and gas producers, ranking 3rd in annual oil production and 9th in annual natural gas production.