This report details all of the work done in Phase 2 of a geothermal exploration project in Tularosa Basin, New Mexico. Data acquired as part of Phase 2 includes field geology (geological reconnaissance and mapping), gravity surveys, shallow temperature surveys, well water sampling and geothermometry, temperature logging, and magnetotelluric (MT) surveys. The new data is incorporated into new PFA models and Phase 2 plays were subsequently developed, ranked, and prioritized. This report also presents an overview of recommendations and costs for the next phase.