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WE'RE IN THE BUSINESS OF GROWING YOUR BUSINESS

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New Horizons Foundation brings you access to partners and technologies that support sustainable growth for your company.

Based in the Permian Basin–in the heart of the EnergyPlex–NHF is working with Industry Partners, Federal Laboratories and Companies around the world; assisting the private sector to drive innovation throughout the Permian Basin.

 

New Horizons Foundation (NHF) is a 501 (c)3.

KEY TECHNOLOGY AREAS

Oil and Gas

Advanced Materials

Environmental Technology

Advanced Manufacturing

TECHNOLOGY INTERMEDIARY

Serving as a technology intermediary, NHF provides entrepreneurs and businesses access to technology, technology adaptation & testing capability, design expertise, prototyping, manufacturing & field testing capability.

INDUSTRY & FEDERAL PARTNERS

With the support of industry and regional partners, under an exclusive Master “Cooperative Research & Development Agreement” (CRADA), NHF works with the Department of Defense (DOD) and federal labs to source and establish technology development and transfer agreements with private industry.

DATA

RESOURCE

PRODUCTION VOLUME

MEASUREMENT

US RANKING

RESOURCE

Crude Oil

PRODUCTION VOLUME

248,940,425

MEASUREMENT

Barrels

US RANKING

2nd in US

RESOURCE

Natural Gas

PRODUCTION VOLUME

1,502,719,420

MEASUREMENT

Thousand Cubic Feet

US RANKING

n/a

RESOURCE

Coal

PRODUCTION VOLUME

13,846,050

MEASUREMENT

Short Tons

US RANKING

12th in US

RESOURCE

Potash

PRODUCTION VOLUME

406,627

MEASUREMENT

Tons

US RANKING

1st in US

RESOURCE

Wind

PRODUCTION VOLUME

1,732

MEASUREMENT

Mega Watt Hours

US RANKING

16th in US

RESOURCE

Solar

PRODUCTION VOLUME

132,000

MEASUREMENT

Mega Watt Hours

US RANKING

n/a

State of New Mexico Energy, Minerals, Natural Resources Division

TOP 2 OIL PRODUCING COUNTIES IN NEW MEXICO

Measured in Millions of Barrels

  • LEA

  • EDDY

LEA COUNTY OIL PRODUCTION

Measured in Millions of Barrels

  • Millions of Barrels(bbl)

IMPACT

#1 in New Mexico & the Permian Basin

Lea County is the #1 oil-producing county in New Mexico and the Permian Basin – Oil Conservation District

#2 in the U.S.

Lea County is the #2 oil-producing county in the United States – Hobbs News Sun

#3 in the U.S.

New Mexico is the #3 oil-producing state in the United States – US Energy Information Administration May 2019

1/2 of Output

Lea County produces 1/2 of New Mexico’s Output – Oil Conservation District

23 PERCENT

Mining makes up 23% of Lea County’s workforce – www.edclc.org

RESULTS

Muffler Project

Department of Defense sound suppression technology applied to engines in the oil field to meet new and tighter noise pollution regulations.

 

Cold Spray

Department of Defense – enhanced particle deposition, which is the spontaneous attachment of particles to a wide variety of surfaces.

Downhole Well Cleanout Tool

Locally sources tool (and Department of Defense enhanced) that stimulates production in existing wells.

 

Coating Sucker Rods

Process that can extend the life of sucker rods and couplings used in the oil field by 17x.

 

Metal Coatings

Chemicals that decrease or stop metal corrosion.

Batteries

New technology that makes them small, lighter, longer lasting, and more powerful.

 

Paint

For metal that changes color when the metal is in stress.

 

Water Purification Systems

MISSION

To engage in cooperative ventures of innovative technological significance that will advance education, science, conservation, health care and economic development within Lea County, New Mexico, and the Permian Basin.

What’s happening here is the best example of how to move entrepreneurship into a rural community that I’ve ever seen…in my entire experience.

Dr. David Schmidly

Former President of the University of New Mexico, Former President of Texas Tech University, and Former member of the New Horizons Foundation Board of Directors

CONTACT US

New Horizons Foundation assists in developing new ideas by working with entrepreneurs and inventors to turn their ideas into reality.  Contact us for information on upcoming Inventors Forums that bring experts in the areas of patent law, intellectual property, business planning, and potential research availability.

 

 

Dennis Holmberg

Interim Executive Director, NHF

Office: 575–492-4712

dholmberg@nmjc.edu