WE'RE IN THE BUSINESS OF GROWING YOUR BUSINESS
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
Counties of New Mexico
Lea County in Purple
#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