Oil & Gas Property in Lea County, NM
Key data points for Ares 4 State
County | Lea County, NM |
---|---|
Operator | EOG RESOURCES, INC. |
Production Dates | Oct 2017 - Nov 2024 |
Total Oil Production | 2,488,365 BBLs |
Total Gas Production | 10,846,800 MCF |
Recent Oil Production | 9,506 BBLs in Nov 2024 |
Recent Gas Production | 84,029 MCF in Nov 2024 |
Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$137,586 *
MarketMultiple™
$1,436,027 **
* 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 Ares 4 State property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Action Bti State Com | Lea County, NM | 2,453 BBLs | 1,242 MCF | Nov 2024 |
Atoka Bank BDJ State Com | Lea County, NM | 1,759 BBLs | 8,232 MCF | Nov 2024 |
Brininstool 4 State | Lea County, NM | 3,909 BBLs | 7,120 MCF | Nov 2024 |
Cabo Blanco State | Lea County, NM | 5,499 BBLs | 16,679 MCF | Nov 2024 |
Charles Ling | Lea County, NM | 7,900 BBLs | 16,763 MCF | Nov 2024 |
Eata Fajita | Lea County, NM | 10,914 BBLs | 119,111 MCF | Nov 2024 |
Enron 9 State Com | Lea County, NM | 0 BBLs | 398 MCF | Nov 2024 |
Hemlock 32 State | Lea County, NM | 7,651 BBLs | 63,690 MCF | Nov 2024 |
Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
Mars 10 State | Lea County, NM | 4,633 BBLs | 18,134 MCF | Nov 2024 |
Mars 3 State | Lea County, NM | 5,032 BBLs | 13,959 MCF | Nov 2024 |
Mogi 9 State Com | Lea County, NM | 10,724 BBLs | 15,819 MCF | Nov 2024 |
Neptune 10 State Com | Lea County, NM | 47,021 BBLs | 539,256 MCF | Nov 2024 |
Poseidon State Com | Lea County, NM | 48,449 BBLs | 705,286 MCF | Nov 2024 |
Sea Snake 35 State | Lea County, NM | 11,446 BBLs | 114,803 MCF | Nov 2024 |
Trucker BRK State | Lea County, NM | 860 BBLs | 771 MCF | Nov 2024 |
Yarrow 32 State | Lea County, NM | 7,959 BBLs | 107,758 MCF | Nov 2024 |
Yarrow Bhy State | Lea County, NM | 1,754 BBLs | 236 MCF | Nov 2024 |
Zeus 24 | Lea County, NM | 7,749 BBLs | 166,551 MCF | Nov 2024 |
Zeus State | Lea County, NM | 4,135 BBLs | 142,671 MCF | Nov 2024 |
These are the closest 20 companies operating near the Ares 4 State property.