Derricks and Mines

by George B. Griswold

New Mexico is a mineral-rich state. The gross production value of oil, gas, and minerals was $671 million during 1963, making the state the sixth ranking mineral producer in the nation. New Mexico ranks among other states as follows: first in the production of potash, uranium, perlite, and carbon dioxide; third in helium; fourth in copper; fifth in natural gas and liquids; and seventh in petroleum. Important amounts of zinc, lead, gold, silver, magnesium compounds, coal, gypsum, pumice, and salt are also produced from deposits within New Mexico. The oil and gas industry holds a dominant position in the state, accounting for almost two thirds of the value of minerals produced.