Gaines 2

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Gaines 2

CountyEddy County, NM
Production DatesDec 1995 - Sep 2024
Total Oil Production316,501 BBLs
Total Gas Production839,025 MCF
Recent Oil Production417 BBLs in Sep 2024
Recent Gas Production1,582 MCF in Sep 2024
Wells on Property8

Our Valuation Estimates for Gaines 2

ShaleAssessment

$16,807 *

MarketMultiple

$58,502 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gaines 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gaines 2
from Dec 1995 to Sep 2024

Wells on Gaines 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-28638GAINES 21 001OXY USA INCActiveEddy County, NM32.198448-103.986237
30-015-28688GAINES 21 002POGO PRODUCING COCancelledEddy County, NM32.198430-103.990546
30-015-28816GAINES 21 004OXY USA INCPlugged (Not Released)Eddy County, NM32.197548-103.983040
30-015-28819GAINES 28 005OXY USA INCPlugged (Not Released)Eddy County, NM32.194820-103.986252
30-015-29420GAINES 28 002OXY USA INCPlugged (Not Released)Eddy County, NM32.194828-103.983048
30-015-34797GAINES 21 005COXY USA INCCancelledEddy County, NM32.196635-103.981981
30-015-35186GAINES 22 FEDERAL 001OXY USA INCActiveEddy County, NM32.197987-103.977707
30-015-35353GAINES 28 COM 001OXY USA INCPluggedEddy County, NM32.192658-103.982643

Leases included in Gaines 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
17563GAINES 21POGO PRODUCING COEddy County, NM
304830GAINES 21OXY USA INCEddy County, NM
304831GAINES 22 FEDERALOXY USA INCEddy County, NM
304832GAINES 28OXY USA INCEddy County, NM
304833GAINES 28 COMOXY USA INCEddy County, NM

Operators Associated With Gaines 2

Nearby Properties

These are the closest 20 properties to the Gaines 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cedar CanyonEddy County, NM72,049 BBLs778,962 MCFSep 2024
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Garrett State ComEddy County, NM5,387 BBLs52,378 MCFOct 2024
Guacamole CC 24 23 FederalEddy County, NM1,072 BBLs42,623 MCFSep 2024
H Buck StateEddy County, NM216 BBLs11,422 MCFSep 2024
HarrounEddy County, NM2,507 BBLs32,726 MCFSep 2024
Heads CC 9 4 Federal ComEddy County, NM172,375 BBLs997,007 MCFSep 2024
Jackal 22 FederalEddy County, NM0 BBLs0 MCFSep 2019
Mitchell 21 FederalEddy County, NM0 BBLs0 MCFJun 2018
Morgan Fee ComEddy County, NM230 BBLs4,321 MCFOct 2024
Owen Mesa 2Eddy County, NM0 BBLs0 MCFNov 2019
Oxbow CC 17 8 Federal ComEddy County, NM228,555 BBLs846,243 MCFSep 2024
Queen LakeEddy County, NM588 BBLs0 MCFOct 2024
Refried Beans CC 15 16 State ComEddy County, NM2,550 BBLs73,945 MCFSep 2024
RiverbendEddy County, NM0 BBLs0 MCFMar 2021
Salt Flat CC 20 29 Federal ComEddy County, NM37,615 BBLs423,216 MCFSep 2024
Vagabond CC 8 17 Federal ComEddy County, NM11,487 BBLs47,606 MCFSep 2024
Vortec 2Eddy County, NM417 BBLs2,822 MCFSep 2024
Whomping Willow CC 15 16 State ComEddy County, NM2,698 BBLs26,309 MCFSep 2024
Yvonne 21 FederalEddy County, NM141 BBLs87 MCFSep 2024