Ares 4 State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Ares 4 State

CountyLea County, NM
OperatorEOG RESOURCES INC
Production DatesOct 2017 - Aug 2024
Total Oil Production2,460,800 BBLs
Total Gas Production10,598,144 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property12

Our Valuation Estimates for Ares 4 State

ShaleAssessment

$145,460 *

MarketMultiple

$1,521,322 **

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

Based on a decimal interest

Ares 4 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ares 4 State
from Oct 2017 to Aug 2024

Wells on Ares 4 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-43755ARES 4 STATE 501CEOG RESOURCES INCCancelledLea County, NM32.240297-103.569783
30-025-43756ARES 4 STATE 502CEOG RESOURCES INCCancelledLea County, NM32.241562-103.573937
30-025-43757ARES 4 STATE 201HEOG RESOURCES INCActiveLea County, NM32.241525-103.574042
30-025-43817ARES 4 STATE 301HEOG RESOURCES INCActiveLea County, NM32.240297-103.569897
30-025-43818ARES 4 STATE 702HEOG RESOURCES INCNewLea County, NM32.242136-103.572327
30-025-43819ARES 4 STATE 703HEOG RESOURCES INCActiveLea County, NM32.242099-103.572432
30-025-43820ARES 4 STATE 704HEOG RESOURCES INCActiveLea County, NM32.242062-103.572535
30-025-44371ARES 4 STATE 705HEOG RESOURCES INCActiveLea County, NM32.240315-103.576189
30-025-45224ARES 4 STATE 202HEOG RESOURCES INCActiveLea County, NM32.241612-103.574315
30-025-45225ARES 4 STATE 203HEOG RESOURCES INCActiveLea County, NM32.240297-103.569783
30-025-45226ARES 4 STATE 302HEOG RESOURCES INCActiveLea County, NM32.241695-103.574358
30-025-46078ARES 4 STATE 503HEOG RESOURCES INCActiveLea County, NM32.240475-103.570107

Leases included in Ares 4 State

Lease #Lease NameOperatorCounty
317668ARES 4 STATEEOG RESOURCES INCLea County, NM

Nearby Properties

These are the closest 20 properties to the Ares 4 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atoka Bank BDJ State ComLea County, NM0 BBLs0 MCFAug 2024
Boomslang 14 23 FederalLea County, NM4,739 BBLs18,367 MCFSep 2024
Brininstool 4 StateLea County, NM0 BBLs0 MCFAug 2024
Cabo Blanco StateLea County, NM3,066 BBLs5,257 MCFSep 2024
Charles LingLea County, NM5,734 BBLs13,669 MCFSep 2024
Eata FajitaLea County, NM10,171 BBLs88,368 MCFSep 2024
Enron 9 State ComLea County, NM0 BBLs0 MCFJul 2024
Hemlock 32 StateLea County, NM0 BBLs0 MCFAug 2024
Jackson 10 State ComLea County, NM0 BBLs0 MCFJul 2024
Macho StateLea County, NM1,124 BBLs18 MCFSep 2024
Mars 10 StateLea County, NM0 BBLs0 MCFAug 2024
Mogi 9 State ComLea County, NM0 BBLs0 MCFAug 2024
Neptune 10 State ComLea County, NM0 BBLs0 MCFAug 2024
Poseidon State ComLea County, NM0 BBLs0 MCFAug 2024
Roy Batty Federal ComLea County, NM5,043 BBLs9,062 MCFSep 2024
Sea Snake 35 StateLea County, NM12,591 BBLs104,909 MCFSep 2024
Yarrow 32 StateLea County, NM0 BBLs0 MCFAug 2024
Yarrow Bhy StateLea County, NM0 BBLs0 MCFAug 2024
Zeus 24Lea County, NM0 BBLs0 MCFAug 2024
Zeus StateLea County, NM0 BBLs0 MCFAug 2024