|Commodity||1. Securing rights||2. Before production||3. During production||Other revenue|
|Oil and Gas|
|Oil & Gas |
Natural resource extraction varies widely from state to state. In New Mexico, extractive industries accounted for 7.8% of gross domestic product (GDP) in 2016, and jobs in the extractive industries made up 2.5% of statewide employment.
New Mexico leads the nation in production of:
Natural resource ownership in the U.S. is closely tied to land ownership. Land can be owned by citizens, corporations, Indian tribes or individuals, or governments (for instance, federal, state, or local governments). Much of the data on this site is limited to natural resource extraction on federal land, which represents 34.7% of all land in New Mexico.
Energy production: The U.S. Energy Information Administration publishes a profile of energy production and usage in New Mexico.
Nonenergy minerals: The U.S. Geological Survey publishes information about nonenergy mineral extraction in the USGS Minerals Yearbook for New Mexico.
Energy production in the entire state of New Mexico
The Energy Information Administration collects data about all energy-related natural resources produced on federal, state, and privately owned land.
Production on federal land in New Mexico
The Office of Natural Resources Revenue collects detailed data about natural resource production
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Companies pay a wide range of fees, rates, and taxes to extract natural resources in the United States. What companies pay to federal, state, and local governments often depends on who owns the natural resources.
Natural resource extraction can lead to federal revenue in two ways: non-tax revenue and tax revenue. Revenue data on this site primarily includes non-tax revenue from extractive industry activities on federal land.
Revenue from production on federal land by resource
When companies extract natural resources on federal lands and waters, they pay royalties, rents, bonuses, and other fees, much like they would to any landowner. This non-tax revenue is collected and reported by the Office of Natural Resources Revenue (ONRR).
For details about the laws and policies that govern how rights are awarded to companies and what they pay to extract natural resources on federal land: coal, oil and gas, renewable resources, and hardrock minerals.
The federal government collects different kinds of fees at each phase of natural resource extraction. This chart shows how much federal revenue was collected in Calendar year (CY)