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 - Sep 2024 |
Total Oil Production | 2,469,884 BBLs |
Total Gas Production | 10,676,416 MCF |
Recent Oil Production | 9,084 BBLs in Sep 2024 |
Recent Gas Production | 78,272 MCF in Sep 2024 |
Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$140,746 *
MarketMultiple™
$1,467,145 **
* 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 | 4,025 BBLs | 2,875 MCF | Sep 2024 |
Atoka Bank BDJ State Com | Lea County, NM | 2,523 BBLs | 7,764 MCF | Sep 2024 |
Brininstool 4 State | Lea County, NM | 5,001 BBLs | 8,724 MCF | Oct 2024 |
Cabo Blanco State | Lea County, NM | 3,066 BBLs | 5,257 MCF | Oct 2024 |
Charles Ling | Lea County, NM | 5,734 BBLs | 13,669 MCF | Oct 2024 |
Eata Fajita | Lea County, NM | 10,171 BBLs | 88,368 MCF | Oct 2024 |
Enron 9 State Com | Lea County, NM | 0 BBLs | 601 MCF | Oct 2024 |
Hemlock 32 State | Lea County, NM | 8,324 BBLs | 51,102 MCF | Sep 2024 |
Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
Macho State | Lea County, NM | 1,124 BBLs | 18 MCF | Oct 2024 |
Mars 10 State | Lea County, NM | 1,477 BBLs | 7,539 MCF | Sep 2024 |
Mars 3 State | Lea County, NM | 591 BBLs | 149 MCF | Sep 2024 |
Mogi 9 State Com | Lea County, NM | 6,139 BBLs | 6,277 MCF | Oct 2024 |
Neptune 10 State Com | Lea County, NM | 15,408 BBLs | 81,169 MCF | Sep 2024 |
Poseidon State Com | Lea County, NM | 49,729 BBLs | 746,734 MCF | Oct 2024 |
Sea Snake 35 State | Lea County, NM | 12,591 BBLs | 104,909 MCF | Sep 2024 |
Yarrow 32 State | Lea County, NM | 9,210 BBLs | 77,572 MCF | Sep 2024 |
Yarrow Bhy State | Lea County, NM | 2,087 BBLs | 253 MCF | Sep 2024 |
Zeus 24 | Lea County, NM | 7,365 BBLs | 161,465 MCF | Oct 2024 |
Zeus State | Lea County, NM | 4,294 BBLs | 137,978 MCF | Oct 2024 |
These are the closest 20 companies operating near the Ares 4 State property.