Oil & Gas Property in Lea County, NM
Key data points for Airstrip
| County | Lea County, NM |
|---|---|
| Production Dates | Aug 2006 - Oct 2024 |
| Total Oil Production | 317,118 BBLs |
| Total Gas Production | 186,954 MCF |
| Recent Oil Production | 2,029 BBLs in Oct 2024 |
| Recent Gas Production | 810 MCF in Oct 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Airstrip
ShaleAssessment™
$34,508 *
MarketMultiple™
$127,690 **
* 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 | 3,077 BBLs | 2,496 MCF | Oct 2024 |
| Airstrip 31 | Lea County, NM | 1,130 BBLs | 651 MCF | Oct 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,678 BBLs | 696 MCF | Oct 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 54,639 BBLs | 48,460 MCF | Oct 2024 |
| Cable 19 35 | Lea County, NM | 4,224 BBLs | 4,407 MCF | Oct 2024 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Cuatro Hijos Fee | Lea County, NM | 1,262 BBLs | 646 MCF | Oct 2024 |
| Go State | Lea County, NM | 1,907 BBLs | 1,827 MCF | Oct 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 929 BBLs | 1,248 MCF | Oct 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| Merit 6 Eh State Com | Lea County, NM | 712 BBLs | 261 MCF | Oct 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Quail Queen Unit | Lea County, NM | 62 BBLs | 0 MCF | Oct 2024 |
| Rambo E2 08 17 State Com | Lea County, NM | 6,023 BBLs | 5,510 MCF | Oct 2024 |
| Reddy Gulf State | Lea County, NM | 367 BBLs | 0 MCF | Nov 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 | 1,552 BBLs | 891 MCF | Oct 2024 |
| Teal 12 State Com | Lea County, NM | 1,222 BBLs | 2,868 MCF | Oct 2024 |
| Tomcat Fee | Lea County, NM | 598 BBLs | 223 MCF | Oct 2024 |
These are the closest 20 companies operating near the Airstrip property.