Oil & Gas Property in Lea County, NM
Key data points for Airstrip
| County | Lea County, NM |
|---|---|
| Production Dates | Aug 2006 - Dec 2024 |
| Total Oil Production | 318,500 BBLs |
| Total Gas Production | 187,462 MCF |
| Recent Oil Production | 913 BBLs in Nov 2024 |
| Recent Gas Production | 337 MCF in Nov 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Airstrip
ShaleAssessment™
$33,265 *
MarketMultiple™
$140,833 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Airstrip property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 3,126 BBLs | 2,492 MCF | Dec 2024 |
| Airstrip 31 | Lea County, NM | 2,574 BBLs | 1,765 MCF | Dec 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 560 BBLs | 283 MCF | Dec 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 47,041 BBLs | 43,222 MCF | Nov 2024 |
| Cable 19 35 | Lea County, NM | 4,183 BBLs | 3,444 MCF | Dec 2024 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Cuatro Hijos Fee | Lea County, NM | 1,115 BBLs | 553 MCF | Dec 2024 |
| Foxtail State Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Go State | Lea County, NM | 8,966 BBLs | 6,973 MCF | Nov 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 937 BBLs | 1,296 MCF | Dec 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| Merit 6 Eh State Com | Lea County, NM | 566 BBLs | 300 MCF | Nov 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Quail Queen Unit | Lea County, NM | 86 BBLs | 0 MCF | Nov 2024 |
| Rambo E2 08 17 State Com | Lea County, NM | 6,109 BBLs | 4,800 MCF | Dec 2024 |
| Reddy Gulf State | Lea County, NM | 361 BBLs | 0 MCF | Dec 2024 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| Super Cobra State Com | Lea County, NM | 1,630 BBLs | 802 MCF | Dec 2024 |
| Teal 12 State Com | Lea County, NM | 1,262 BBLs | 2,945 MCF | Dec 2024 |
These are the closest 20 companies operating near the Airstrip property.