Airstrip 31

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Airstrip 31 Oil & Gas Property

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Property Summary

Key data points for Airstrip 31

CountyLea County, NM
OperatorMATADOR PRODUCTION COMPANY
Production DatesJan 2017 - Jan 2025
Total Oil Production1,660,708 BBLs
Total Gas Production1,194,263 MCF
Recent Oil Production7,097 BBLs in Jan 2025
Recent Gas Production3,683 MCF in Jan 2025
Wells on Property10

Our Valuation Estimates for Airstrip 31

ShaleAssessment™

$8,283 *

MarketMultiple™

$921,056 **

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

Based on a decimal interest

Airstrip 31 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Airstrip 31
from Jan 2017 to Jan 2025

Wells on Airstrip 31

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41678AIRSTRIP 31 18 35 RN STATE COM 201CMATADOR PRODUCTION COMPANYCancelledLea County, NM32.697475-103.504234
30-025-41699AIRSTRIP 31 STATE COM 005CMATADOR PRODUCTION COMPANYCancelledLea County, NM32.697414-103.490387
30-025-43395AIRSTRIP 31 18 35 RN STATE COM 201HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697267-103.503658
30-025-43816AIRSTRIP 31 18 35 RN STATE COM 132HMATADOR PRODUCTION COMPANYActiveLea County, NM32.699302-103.499904
30-025-44323AIRSTRIP 31 18 35 RN STATE COM 133HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697466-103.495662
30-025-44509AIRSTRIP 31 18 35 RN STATE COM 131HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697556-103.504150
30-025-45025AIRSTRIP 31 18 35 RN STATE COM 111HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697557-103.504248
30-025-45436AIRSTRIP 31 18 35 RN STATE COM 114HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697772-103.491007
30-025-45437AIRSTRIP 31 18 35 RN STATE COM 124HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697855-103.491007
30-025-45438AIRSTRIP 31 18 35 RN STATE COM 134HMATADOR PRODUCTION COMPANYActiveLea County, NM32.697855-103.491104

Leases included in Airstrip 31

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
314818AIRSTRIP 31 18 35 RN STATE COMMATADOR PRODUCTION COMPANYLea County, NM

Nearby Properties

These are the closest 20 properties to the Airstrip 31 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM3,428 BBLs1,337 MCFJan 2025
AirstripLea County, NM426 BBLs155 MCFJan 2025
Airstrip 6 State Com 00Lea County, NM1,698 BBLs802 MCFJan 2025
Butter Cup 3Lea County, NM1,434 BBLs1,367 MCFFeb 2025
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
Foxtail State ComLea County, NM69,934 BBLs36,393 MCFFeb 2025
Hibiscus 08 19 35 RN State ComLea County, NM1,022 BBLs1,493 MCFJan 2025
Jackson 5Lea County, NM0 BBLs0 MCFOct 2018
King Cobra 2 StateLea County, NM1,982 BBLs1,890 MCFJan 2025
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Mongoose FeeLea County, NM669 BBLs478 MCFJan 2025
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
Rambo E2 08 17 State ComLea County, NM4,425 BBLs3,209 MCFFeb 2025
Satellite State ComLea County, NM277,591 BBLs183,723 MCFFeb 2025
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM320 BBLs1,185 MCFFeb 2025
Tomcat FeeLea County, NM744 BBLs275 MCFJan 2025
Wild Cobra 1 StateLea County, NM1,541 BBLs1,295 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Airstrip 31 property.

Company Name
BXP Operating, LLC
COG Operating LLC
Dallas Production
Devon Energy Production Company LP
Elk Oil Company
Franklin Mountain Energy 3, LLC
G And C Operating, LLC
J & G Enterprise LTD., Co.
Linn Operating LLC
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
McElvain Energy Inc
Mewbourne Oil Company
O'Neil Properties LTD
Oleum Energy LLC
Read & Stevens, Inc.
Southland Royalty Company
Sundown Energy LP
Yates Energy Corporation

Frac'ing activity on Airstrip 31

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-43395AIRSTRIP 31 18 35 RN STATE COM 201H
30-025-43816AIRSTRIP 31 18 RN STATE COM 132H
30-025-44323Airstrip State Com 133H
30-025-44509AIRSTRIP 31 18 35 RN STATE COM 131H
30-025-45025AIRSTRIP 31-18-35 RN STATE COM 111H
30-025-45436AIRSTRIP 31-18-35 RN STATE COM 114H
30-025-45437AIRSTRIP 31-18-35 RN STATE COM 124H
30-025-45438AIRSTRIP 31-18-35 RN STATE COM 134H