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New Mexico Crude Oil First Purchase Price (Dollars per Barrel)
New Mexico Crude Oil First Purchase Price (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1977 8.95 9.25 9.21 9.47 9.64 9.79
  1978 9.35 10.02 10.02 10.05 10.12 10.19 10.24 10.74 10.30 10.48 10.37 10.25
  1979 10.77 10.91 10.59 11.19 11.75 13.28 14.65 15.50 16.75 17.99 18.03 19.74
  1980 20.31 22.09 21.97 22.21 23.89 23.97 24.17 26.73 24.61 25.79 25.55 27.84
  1981 30.96 40.12 38.04 36.31 36.34 34.94 34.42 33.77 34.11 34.10 33.96 34.12
  1982 34.53 33.05 31.95 31.05 30.91 31.09 31.57 31.04 31.20 31.96 32.19 31.48
  1983 30.56 29.76 29.13 28.98 29.10 29.01 28.94 29.03 29.04 29.25 29.14 29.11
  1984 29.12 29.10 28.84 29.25 29.10 29.06 29.19 28.49 28.31 28.43 27.96 27.56
  1985 27.18 26.10 26.46 26.84 26.90 26.82 26.70 26.71 26.89 26.97 27.14 27.35
  1986 26.10 20.20 15.05 12.92 13.02 13.28 11.54 12.09 13.32 13.28 13.30 13.72
  1987 16.07 16.60 16.65 16.81 17.43 18.04 18.95 19.13 18.25 18.16 17.83 16.80
  1988 15.95 15.77 15.12 16.10 16.48 15.82 14.43 14.29 13.76 12.81 12.49 14.13
  1989 16.08 16.25 17.64 18.95 18.51 18.36 18.35 16.92 17.68 18.33 18.21 19.03
  1990 20.69 20.25 18.64 16.72 16.49 15.07 16.48 24.71 30.85 33.97 29.91 25.19
  1991 22.58 18.78 17.78 18.63 19.08 18.12 19.32 19.36 19.69 20.98 20.33 17.54
  1992 16.77 16.86 16.92 18.31 19.13 20.53 19.93 19.25 19.77 19.61 18.32 17.39
  1993 17.21 18.20 18.41 18.24 17.92 16.97 15.73 15.89 15.29 15.90 14.45 12.29
  1994 12.99 12.85 12.71 14.34 16.12 17.33 17.92 16.56 15.62 15.94 16.30 15.40
  1995 16.25 16.94 16.75 18.08 17.97 16.78 15.59 16.32 16.59 15.75 16.38 17.56
  1996 17.38 17.30 19.78 21.94 20.16 19.29 20.15 20.76 22.62 23.82 22.53 23.74
  1997 23.96 21.02 19.45 18.40 19.26 17.60 17.89 18.13 18.01 19.51 18.51 16.57
  1998 14.90 14.16 13.08 13.33 12.76 11.26 11.66 11.28 12.77 12.40 10.89 9.08
  1999 10.34 9.99 12.61 14.98 15.79 15.98 18.05 19.29 21.65 21.03 23.19 24.35
  2000 25.44 27.88 28.59 24.51 27.37 29.47 28.85 29.64 31.94 31.43 32.34 27.37
  2001 27.83 28.13 24.75 24.81 25.53 24.50 24.23 25.41 24.85 19.93 18.55 17.19
  2002 17.48 18.49 22.42 24.13 24.69 24.24 25.13 26.47 27.66 26.94 24.86 27.62
  2003 30.69 34.35 31.62 26.94 27.14 29.07 30.06 30.17 26.35 28.38 29.06 30.18
  2004 31.92 32.81 34.82 34.90 37.95 36.38 38.52 42.72 43.74 50.27 45.92 40.40
  2005 43.82 45.08 50.90 49.42 45.87 52.20 56.00 61.86 61.85 58.87 55.18 55.30
  2006 61.29 58.19 57.21 64.85 66.63 66.66 70.11 69.02 60.40 55.19 54.50 56.93
  2007 50.84 55.69 57.26 59.96 59.05 62.29 70.57 69.16 75.95 83.18 91.87 88.40
  2008 90.08 92.29 101.58 109.83 122.41 130.78 130.64 113.69 101.47 74.85 55.25 36.29
  2009 35.22 32.25 41.65 46.35 54.15 65.56 60.58 66.99 65.14 71.95 73.96 70.85
  2010 73.74 72.82 77.78 81.26 70.75 69.74 72.06 73.15 72.09 77.57 80.31 85.08
  2011 86.09 85.21 95.30 105.38 97.08 92.07 93.17 82.53 82.19 83.08 93.78 95.52
  2012 96.61 98.17 100.66 96.75 86.30 75.35 81.87 89.04 90.31 84.56 80.92 78.62
  2013 80.81 82.00 87.23 87.90 90.92 92.37 101.48 103.65 100.61 97.96 87.79 89.85
  2014 88.63 94.46 93.08 91.43 91.17 94.79 93.94 84.42 79.82 74.10 67.32 54.25
  2015 42.63 44.37 42.11 48.19 53.98 54.77 47.29 39.98 43.03 43.81 38.63 31.98
  2016 27.48 26.60 32.92 36.15 42.11 44.99 41.25 41.18 41.35 45.79 42.25 48.74
  2017 49.44 50.46 46.72 47.29 44.56 41.75 43.33 44.79 46.76 47.75 53.95 55.77
  2018 61.57 60.85 60.51 62.86 63.02 55.59 60.02 54.43 52.97 54.87 48.55 43.59
  2019 41.86 47.93 54.89 60.16 55.39 49.26 53.94 51.38 53.89 52.30 55.37 58.31
  2020 56.55 49.44 29.83 15.32 17.24 33.98 37.69 39.95 37.31 37.14 38.68 44.35
  2021 49.89 57.05 61.49 60.34 63.42 69.65 71.12 66.40 70.10 79.97 77.31 71.23
  2022 81.85 91.24 109.20 104.37 109.73 114.91 101.77 94.75 84.87 87.22 85.23 76.82
  2023 76.52 75.21 73.05 78.52 70.24 69.08 74.85 80.60 89.01 84.48 77.28 71.21
  2024 72.93 75.91 80.21 84.32 78.60 77.88 79.75 75.37 69.34 71.27

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 1/2/2025
Next Release Date: 2/3/2025

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