Ritz Federal

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Ritz Federal

CountyEddy County, NM
OperatorRAY WESTALL OPERATING, INC.
Production DatesJan 1993 - Nov 2024
Total Oil Production23,898 BBLs
Total Gas Production166 MCF
Recent Oil Production36 BBLs in Nov 2024
Recent Gas Production4 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Ritz Federal

ShaleAssessment

$222 *

MarketMultiple

$1,498 **

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

Based on a decimal interest

Ritz Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ritz Federal
from Jan 1993 to Nov 2024

Wells on Ritz Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-24642RITZ FEDERAL 001RAY WESTALL OPERATING, INC.ActiveEddy County, NM32.698517-103.940559
30-015-24798RITZ FEDERAL 002RAY WESTALL OPERATING, INC.ActiveEddy County, NM32.701241-103.940552
30-015-24982RITZ FEDERAL 003RAY WESTALL OPERATING, INC.ActiveEddy County, NM32.704861-103.940552
30-015-25142RITZ FEDERAL 004RAY WESTALL OPERATING, INC.ActiveEddy County, NM32.708763-103.940971

Leases included in Ritz Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
313237RITZ FEDERALRAY WESTALL OPERATING, INC.Eddy County, NM

Nearby Properties

These are the closest 20 properties to the Ritz Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
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Ivore 35 Federal ComEddy County, NM2,614 BBLs5,659 MCFNov 2024
Oxy Bits StateEddy County, NM0 BBLs0 MCFAug 2015
Oxy Misty FederalEddy County, NM0 BBLs0 MCFDec 2021
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Salt Fork 3 4 Federal ComEddy County, NM7,965 BBLs42,371 MCFDec 2024
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Wizard FederalEddy County, NM561 BBLs753 MCFDec 2024