New Mexico’s first successful gas well occurred in 1921, with the first oil well being produced in 1924. There are many oil and gas fields in New Mexico, and drilling has been going on for many decades. Aside from that, additional producing mineral rights include Helium and CO2.
The Avalon Shale
The Avalon shale is located in southeast New Mexico, and is part of the Delaware basin and the Permian basin. It is a newly-developed area, with a reputation for being high-producing, making it an ideal area to sell your mineral rights and gas and oil royalties in New Mexico.