The oil and gas industry in New Mexico plays a crucial role in the state's economy, fueled by abundant natural resources. This sector is home to various players, from small service companies to established producers, all focused on drilling, production, and equipment manufacturing. These companies support a range of services, including logistics, engineering, and maintenance, addressing both traditional extraction and newer technologies that promote efficiency and sustainability. An interesting trend is the rise of environmental considerations; firms are increasingly adopting practices aimed at reducing carbon footprints and enhancing safety standards in operations, reflecting a shift in industry dynamics.


In this listing, we explore 21 oil and gas companies based in New Mexico, ranging from family-owned businesses to private enterprises. Operating across locations like Farmington, Aztec, and Hobbs, these companies boast workforce sizes from 10 to over 700 employees. Founded between the early 1940s and the early 2000s, their specializations include production, drilling services, and engineering solutions, tailored to meet demands from key regional basins like Permian and San Juan. This mix of historic and contemporary firms showcases the varied landscape of New Mexico's vibrant oil and gas sector.


Read on to discover the top oil and gas companies in New Mexico.


Top 21 Oil And Gas Companies in New Mexico


1. Honstein Oil & Distributing, LLC

  • Website: honsteinoil.com
  • Ownership type: Private
  • Headquarters: Santa Fe, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1982
  • Headcount: 51-200
  • LinkedIn: honstein-oil-company

Honstein Oil & Distributing, LLC, also known as Senergy Petroleum, is a private company based in Santa Fe, New Mexico, founded in 1982. With a workforce of 51 to 200 employees, the company specializes in logistics and fuel supply, focusing on delivering high-quality petroleum products and engineering solutions. Senergy Petroleum serves a variety of industries, including agriculture, automotive, construction, and notably, oil and gas. Their offerings include bulk fuel delivery, lubricants, and specialized oil field services, which are essential for operational efficiency in the energy sector. The company emphasizes customer service, providing tailored solutions to meet the specific needs of their clients. Senergy has established partnerships with major brands like Chevron and Phillips 66, further solidifying its position in the market. Their commitment to innovation and quality has allowed them to maintain a strong presence in the Southwest and Rockies regions.


2. Merrion Oil & Gas

  • Website: merrion.bz
  • Ownership type: Family Owned
  • Headquarters: Farmington, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1974
  • Headcount: 11-50
  • LinkedIn: merrion-oil-%26-gas

Merrion Oil & Gas is an independent oil and gas producer based in Farmington, New Mexico. Founded in 1974, the company has built a reputation for safely producing energy from over 400 wells. Merrion specializes in oil and gas production, investment in energy properties, and the acquisition of oil and gas interests. Their clientele includes property owners and investors in the energy sector, and they emphasize building collaborative relationships to facilitate energy production and investment opportunities. The company operates with a strong commitment to safety, as evidenced by their pipeline safety protocols and regular maintenance checks. With a family-owned structure, Merrion Oil & Gas combines decades of industry experience with a focus on responsible and productive operations.


3. Dugan Production CORP.


Dugan Production CORP. is an independent oil and gas producer based in Farmington, New Mexico. Founded in 1959, the company initially started as a consulting firm before expanding into drilling, exploration, and production. Dugan Production currently owns and operates around 1,000 wells and holds working interests in over 2,800 wells across New Mexico, Colorado, Oklahoma, and Texas. The company is also involved in trading new and used oilfield equipment through its subsidiaries, Potwin Supply Company and Atomi Corp. Their primary revenue source remains the production of oil and gas, supported by ongoing acquisitions of undeveloped leases and producing properties. Dugan Production has also broadened its operations to include workover rigs, water hauling, and roustabout services, primarily to support its own production activities. The company prides itself on its ability to restore marginal wells to profitable production, attributing its success to a skilled workforce and a commitment to operational excellence.


4. Walsh Engineering and Production

  • Website: walsheng.net
  • Ownership type: Private
  • Headquarters: Aztec, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1964
  • Headcount: 51-200
  • LinkedIn: walsh-engineering-and-production

Walsh Engineering and Production, established in 1964, is a private company based in Aztec, New Mexico. With a workforce of approximately 32 employees, the firm specializes in providing engineering and production services tailored to the oil and gas industry. Their offerings include a comprehensive range of services such as drilling, production operations, oil and gas accounting, and regulatory compliance. The company primarily operates in the upstream sector, focusing on the San Juan Basin, where they manage nearly 1,000 wells. Their expertise extends to permitting, well planning, and environmental compliance, showcasing their capability to handle projects from inception to completion. Walsh Engineering prides itself on delivering personalized service, ensuring that clients receive focused attention regardless of project size. The company has built a reputation for reliability and efficiency over its decades of operation, positioning itself as a trusted partner in the oil and gas sector.


5. Mcvay Drilling Co

  • Website: mcvaydrillingco.com
  • Ownership type: Private
  • Headquarters: Hobbs, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1943
  • Headcount: 11-50
  • LinkedIn: mcvay-drilling-co

Mcvay Drilling Co, based in Hobbs, New Mexico, has been a fixture in the oil and gas industry since its founding in 1943. The company specializes in drilling services, particularly in deep gas, directional, and horizontal drilling. With a fleet of National Drilling Rigs capable of reaching depths between 8,000 and 22,000 feet, Mcvay Drilling operates primarily in the Permian Basin, a key area for oil and gas production in the United States. The company prides itself on its expertise and commitment to efficient resource extraction, serving various businesses within the oil and gas sector. Mcvay Drilling Co remains a private entity with a workforce of approximately 31 employees, reflecting a focused and specialized approach to its operations.


6. Aztec Well Family

  • Website: aztecwell.com
  • Ownership type: Family Owned
  • Headquarters: Aztec, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1963
  • Headcount: 501-1000
  • LinkedIn: aztec-well

Aztec Well Family, based in Aztec, New Mexico, is a family-owned oil and gas service company that has been serving the industry since 1963. The company specializes in a range of services including drilling, well servicing, and trucking, catering to the needs of businesses in the oil and gas sector. With a workforce of over 700 employees, Aztec Well Family is one of the significant employers in the region, providing competitive wages and various job opportunities. Their operations are centered in the San Juan Basin and extend to the Permian Basin, which are both vital areas for oil and gas extraction. The company emphasizes safety and efficiency, ensuring that their employees receive rigorous training and access to top-notch safety equipment. Aztec Well Family is committed to maintaining strong relationships with its customers, which include notable names in the industry such as Apache Corporation and EOG Resources. Their focus on health, safety, and environmental standards reflects their dedication to responsible operations within the oil and gas industry.


7. Nova Mud Inc

  • Website: novamud.com
  • Ownership type: Private
  • Headquarters: Hobbs, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1989
  • Headcount: 51-200
  • LinkedIn: nova-mud-inc

Nova Mud Inc, founded in 1989, is a private company based in Hobbs, New Mexico, specializing in drilling fluids and liquid hauling services tailored for the oil and gas sector. With a workforce of approximately 69 employees, the company has carved out a significant niche in the Permian Basin, known for its rich oil reserves. Nova Mud offers a comprehensive range of drilling fluid solutions, including weighted and unweighted muds, as well as innovative products like their N-Gauge system designed for specific drilling challenges. Their liquid hauling services cater to various needs, including the transportation of water, kill mud, and oil-based muds. The company prides itself on its safety record and compliance with industry standards, ensuring that their operations meet the rigorous demands of their clientele. Nova Mud's recent expansion into logistics through Nova Trucking further enhances their service offerings, allowing them to provide integrated solutions to their customers. Their facility in Hobbs is notable for housing the only permanent liquid mud plant in New Mexico, showcasing their commitment to operational excellence and customer service.


8. Kyvek Energy Services Inc.

  • Website: kyvek.net
  • Ownership type: Family Owned
  • Headquarters: Carlsbad, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1999
  • Headcount: 51-200
  • LinkedIn: kyvek-energy-services-inc

Kyvek Energy Services Inc., founded in 1999 and based in Carlsbad, New Mexico, is a family-owned company that specializes in providing essential services to the oil and gas industry. With a workforce of 51-200 employees, Kyvek focuses on oilfield automation, electrical services, and systems integration. Their expertise extends to consulting and inspection services tailored for oilfield companies and industrial businesses, emphasizing operational efficiency and safety. Over the years, Kyvek has built a solid reputation in the San Juan Basin, serving both major and minor oil and gas companies. Their mission is to deliver high-quality, precise, and safe services, which they achieve through a commitment to training and a supportive work environment for their employees. Kyvek's operations in New Mexico and Texas position them strategically within key oil and gas markets, making them a relevant player in the industry.


9. Halo Services Inc

  • Website: teamhalo.us
  • Ownership type: Family Owned
  • Headquarters: Bloomfield, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2008
  • Headcount: 51-200
  • LinkedIn: halo-services-inc

Halo Services Inc, founded in 2008 and based in Bloomfield, New Mexico, is a family-owned company that provides essential construction services to the oil and gas industry. With a workforce of approximately 32 employees, the company has built a reputation for delivering quality services in facility construction, pipeline construction, and maintenance. Operating primarily in the San Juan and Permian Basins, Halo Services has completed a variety of projects, including compressor station upgrades and refinery decommissioning. Their commitment to customer service, quality, and integrity has allowed them to work with some of the largest energy producers in the region. The company emphasizes a strong work ethic and a focus on safety, ensuring that projects are completed on time and within budget.


10. IPS, Inc.

  • Website: ipsaecorp.com
  • Ownership type: Private
  • Headquarters: Hobbs, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2012
  • Headcount: 201-500
  • LinkedIn: ingram-professional-services

IPS, Inc. is an electrical contractor based in Hobbs, New Mexico, founded in 2012. The company specializes in providing electrical services tailored to the commercial and oil and gas sectors. With a workforce of 201-500 employees, IPS focuses on enhancing operational performance through a range of services, including automation, fiber optics, hydro excavation, and power line solutions. Their expertise is particularly relevant to the oil and gas industry, where they offer critical services such as electrical construction, maintenance, and troubleshooting for oilfield operations. IPS is dedicated to delivering efficient and safe electrical solutions, ensuring minimal disruption and reduced environmental impact during projects. Their commitment to safety and operational excellence is underscored by their extensive experience, which collectively exceeds 100 years among their team members. IPS serves clients primarily in Southeastern New Mexico and West Texas, regions known for their active oil and gas production.


11. American Equipment Manufacturing, INC


American Equipment Manufacturing, INC, based in Aztec, New Mexico, is a private manufacturing firm that has been serving the oil and gas industry since its founding in 1942. The company specializes in the design and production of critical equipment such as separators, heater treaters, and storage tanks. With a significant production facility in Farmington, NM, spanning 40,000 square feet, they are well-equipped to handle various manufacturing requests. Their engineering capabilities include in-house CAD drafting and 3D modeling, ensuring that they can meet specific customer requirements. American Equipment Manufacturing is recognized for its adherence to industry standards, holding ASME U & R stamps for oil and gas production units and building storage tanks in accordance with API specifications. Their long history and specialized focus make them a notable player in the oil and gas equipment sector.


12. Hurricane Air & Swabbing Services, LLC


Hurricane Air & Swabbing Services, LLC, founded in 2002 and based in Farmington, New Mexico, is a family-owned well servicing company dedicated to the oil and gas sector. With a workforce of approximately 40 employees, the company has grown from humble beginnings to become a competitive player in the industry. They offer a range of services, including workover rigs, swab rigs, and air packages, which are essential for maintaining and enhancing the productivity of oil and gas wells. Operating primarily in the Four Corners area, Hurricane has expanded its reach to other states such as North Dakota, Colorado, Arizona, Utah, and Montana. The company prides itself on its commitment to safety, providing extensive training to its employees and implementing rigorous safety protocols. This focus on safety and operational excellence has helped Hurricane build strong relationships with its clients and establish a positive reputation in the oil and gas community.


13. Trionz Flow

  • Website: trionzflow.com
  • Ownership type: Private
  • Headquarters: Artesia, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2013
  • Headcount: 1-10
  • LinkedIn: trionz-flow

Trionz Flow, founded in 2013 and based in Artesia, New Mexico, is an oil field service company that specializes in providing critical support services to the oil and gas industry. The company focuses on flowback, drill outs, and well testing, ensuring that operations run smoothly and safely. With a small team of experienced professionals, Trionz Flow prides itself on delivering high-quality services backed by well-maintained equipment. Their commitment to operational excellence is evident in their approach to equipment maintenance and the training of their personnel. By prioritizing the well-being of their employees, Trionz Flow fosters a reliable workforce that is dedicated to meeting the needs of their clients in the oil and gas sector.


14. Watson/Hopper, Inc.

  • Website: watsonhopper.com
  • Ownership type: Private
  • Headquarters: Hobbs, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1943
  • Headcount: 1-10
  • LinkedIn: watson-hopper-inc.

Watson/Hopper, Inc. is a private company based in Hobbs, New Mexico, established in 1943. It specializes in the manufacturing and supply of oilfield service equipment, particularly well servicing rigs and replacement parts. The company serves the oil and gas extraction industry, focusing on enhancing operational efficiency through high-quality products and tailored solutions. Watson/Hopper is known for its Corsair line of rigs, which are recognized for their reliability and performance in various well servicing applications. The company operates two manufacturing facilities, one in Hobbs, NM, and another in Delta, CO, both certified under API 4F standards. Their commitment to customer service is evident in their offerings, which include parts, service, and used equipment, ensuring that clients have access to the necessary resources throughout the lifecycle of their equipment. Watson/Hopper is wholly owned by Watson Truck & Supply, Inc., which further strengthens its position in the oilfield service market.


15. Twin Stars Compression

  • Website: twinstars.com
  • Ownership type: Private
  • Headquarters: Bloomfield, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1991
  • Headcount: 51-200
  • LinkedIn: twin-stars-ltd

Twin Stars Compression, founded in 1991 and based in Bloomfield, New Mexico, specializes in natural gas compression services. With a workforce of approximately 70 skilled employees, the company provides a range of services including equipment maintenance, compressor rental, and vapor recovery solutions. Their operations extend to key oil and gas regions such as the San Juan and Permian basins, where they support clients in optimizing production and ensuring compliance with industry standards. Twin Stars prides itself on its commitment to quality and integrity, emphasizing the importance of reliable service and equipment in the oil and gas sector. Their extensive inventory of parts and in-house engineering capabilities further enhance their service offerings, making them a valuable partner for businesses in the industry.


16. Tex-mex Rentals & Services

  • Website: texmexrs.com
  • Ownership type: Private
  • Headquarters: Hobbs, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2011
  • Headcount: 201-500
  • LinkedIn: tex-mex-rentals-llc

Tex-mex Rentals & Services, established in 2011, is an equipment rental service provider dedicated to the oilfield industry. Based in Hobbs, New Mexico, the company operates one of the largest equipment yards in the Western Permian Basin. They offer a wide range of high-quality equipment rentals and professional services tailored to the needs of oil and gas businesses. With a strong emphasis on safety and operational efficiency, Tex-mex Rentals & Services ensures that their equipment is well-maintained and ready for use, supporting clients in their critical projects. The company prides itself on its experienced team and robust capabilities, which allow them to adapt to various challenges in the oilfield sector. Their commitment to safety is evident in their ongoing training programs and adherence to health and safety policies, making them a reliable partner for energy companies.


17. Chenault Consulting Inc

  • Website: chenaultconsulting.com
  • Ownership type: Private
  • Headquarters: Farmington, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1999
  • Headcount: 51-200
  • LinkedIn: chenault-consulting-inc

Chenault Consulting Inc, founded in 1999 and based in Farmington, New Mexico, is a consulting firm dedicated to the oil and gas industry. The company offers a wide range of services, including construction management, pipeline operations, and maintenance, catering primarily to businesses in the sector. With a strong emphasis on safety and quality, Chenault Consulting ensures that their clients' projects are executed efficiently and safely. They have expanded their operations to include offices in Denver, Colorado, and Midland, Texas, and have grown their workforce to over 130 employees. Their expertise spans various areas, such as pipeline damage prevention, lease operations, and compression maintenance, making them a significant resource for companies looking to optimize their operations in the oil and gas field.


18. Henry Production, Inc

  • Website: hpi1.com
  • Ownership type: Corporate
  • Headquarters: Farmington, New Mexico, United States (USA)
  • Latest funding: August 2023
  • Founded year: 1962
  • Headcount: 11-50
  • LinkedIn: henry-production-inc

Henry Production, Inc. (HPI) is a family-owned business established in 1962, based in Farmington, New Mexico. The company specializes in natural gas compression solutions tailored for the oil and gas sector. HPI builds, rents, sells, and maintains compressor packages ranging from 25HP to 350HP, which are vital for various applications in gas management. Their operations extend to fabrication, field service, and maintenance, ensuring that clients can efficiently manage their natural gas operations. HPI's commitment to quality is reflected in their adherence to air quality regulations in New Mexico and Colorado, where they primarily operate. With decades of experience, HPI has established a reputation for reliability and customer service, making them a trusted partner for businesses in the oil and gas industry.


19. WSI Enterprises, Inc.

  • Website: wsienterprises.com
  • Ownership type: Private
  • Headquarters: Farmington, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1999
  • Headcount: 51-200
  • LinkedIn: wsi-enterprises-inc

WSI Enterprises, Inc., founded in 1999, is a private company based in Farmington, New Mexico. It operates primarily in the oil and gas sector, providing essential wellhead services. The company offers a comprehensive range of services, including field services, equipment sales, rental, and repair. WSI has established a strong presence in the San Juan and Permian Basins, serving a mix of major oil companies and independent operators. Their expertise in wellhead solutions is backed by a team with over 350 years of combined industry experience. WSI's commitment to safety and quality is evident in their operational practices, which aim for zero accidents and environmental incidents. The company was acquired by Scout Surface Solutions in 2024, further solidifying its position in the market.


20. Industrial Mechanical, Inc.

  • Website: imiconstruction.com
  • Ownership type: Private
  • Headquarters: Farmington, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 75%, Chile 25%
  • Founded year: 1985
  • Headcount: 51-200
  • LinkedIn: industrial-mechanical-inc.

Industrial Mechanical, Inc. (IMI), founded in 1985 and based in Farmington, New Mexico, is a private company that provides construction and maintenance services primarily for the energy sector. With a workforce of around 24 employees, IMI has built a reputation for delivering safe, quality, and reliable services over its 35 years of operation. The company specializes in various areas, including pipeline construction, plant maintenance, and mechanical services, catering to the needs of businesses and organizations in the oil and gas industry. Their portfolio includes work on natural gas compression and turbine stations, gas processing plants, and municipal utility construction. IMI's commitment to safety is evident through their comprehensive training programs and certifications, ensuring that they meet industry standards. They also operate in multiple states, including New Mexico, Texas, and Colorado, which broadens their service reach within the energy sector.


21. TS-Nano

  • Website: ts-nano.com
  • Ownership type: Venture Capital
  • Headquarters: Albuquerque, New Mexico, United States (USA)
  • Employee distribution: United States (USA) 73%, Canada 27%
  • Latest funding: Other (Grant), $493,000, February 2025
  • Founded year: 2020
  • Headcount: 1-10
  • LinkedIn: ts-nano-sealants-llc

TS-Nano Technology, founded in 2020 and based in Albuquerque, New Mexico, focuses on innovative sealing solutions for methane emissions in the oil and gas industry. The company offers patented nano-modified sealants that are engineered to seal microcracks in wellbores, effectively reducing methane leakage. Their technology is designed to perform under harsh conditions, withstanding high temperatures and pressures that are typical in subsurface environments. TS-Nano also provides methane monitoring services, enabling clients to accurately measure and manage emissions. Their clientele includes various businesses in the oil and gas sector, highlighting their active involvement in addressing environmental challenges. Recently, TS-Nano secured funding of approximately $493,149 through a grant, indicating ongoing support for their initiatives in emission reduction and compliance with environmental standards.



Oil And Gas Insights: Key Companies in New Mexico


CompanyHeadquarterSizeFoundedOwnership
Honstein Oil & Distributing, LLCSanta Fe, New Mexico, United States (USA)51-2001982Private
Merrion Oil & GasFarmington, New Mexico, United States (USA)11-501974Family Owned
Dugan Production CORP.Farmington, New Mexico, United States (USA)51-2001959Private
Walsh Engineering and ProductionAztec, New Mexico, United States (USA)51-2001964Private
Mcvay Drilling CoHobbs, New Mexico, United States (USA)11-501943Private
Aztec Well FamilyAztec, New Mexico, United States (USA)501-10001963Family Owned
Nova Mud IncHobbs, New Mexico, United States (USA)51-2001989Private
Kyvek Energy Services Inc.Carlsbad, New Mexico, United States (USA)51-2001999Family Owned
Halo Services IncBloomfield, New Mexico, United States (USA)51-2002008Family Owned
IPS, Inc.Hobbs, New Mexico, United States (USA)201-5002012Private
American Equipment Manufacturing, INCAztec, New Mexico, United States (USA)11-501942Private
Hurricane Air & Swabbing Services, LLCFarmington, New Mexico, United States (USA)51-2002002Private
Trionz FlowArtesia, New Mexico, United States (USA)1-102013Private
Watson/Hopper, Inc.Hobbs, New Mexico, United States (USA)1-101943Private
Twin Stars CompressionBloomfield, New Mexico, United States (USA)51-2001991Private
Tex-mex Rentals & ServicesHobbs, New Mexico, United States (USA)201-5002011Private
Chenault Consulting IncFarmington, New Mexico, United States (USA)51-2001999Private
Henry Production, IncFarmington, New Mexico, United States (USA)11-501962Corporate
WSI Enterprises, Inc.Farmington, New Mexico, United States (USA)51-2001999Private
Industrial Mechanical, Inc.Farmington, New Mexico, United States (USA)51-2001985Private
TS-NanoAlbuquerque, New Mexico, United States (USA)1-102020Venture Capital


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