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 - Feb 2025 |
Total Oil Production | 2,515,767 BBLs |
Total Gas Production | 11,139,656 MCF |
Recent Oil Production | 8,540 BBLs in Feb 2025 |
Recent Gas Production | 91,548 MCF in Feb 2025 |
Wells on Property | 12 |
Our Valuation Estimates for Ares 4 State
ShaleAssessment™
$131,993 *
MarketMultiple™
$1,403,876 **
* 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 | 2,726 BBLs | 2,268 MCF | Feb 2025 |
Atoka Bank BDJ State Com | Lea County, NM | 3,700 BBLs | 7,048 MCF | Feb 2025 |
Boomslang 14 23 Federal | Lea County, NM | 4,417 BBLs | 21,703 MCF | Feb 2025 |
Brininstool 4 State | Lea County, NM | 3,063 BBLs | 5,912 MCF | Feb 2025 |
Cabo Blanco State | Lea County, NM | 4,899 BBLs | 19,033 MCF | Feb 2025 |
Charles Ling | Lea County, NM | 37,909 BBLs | 113,639 MCF | Feb 2025 |
Eata Fajita | Lea County, NM | 9,655 BBLs | 120,831 MCF | Feb 2025 |
Enron 9 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jan 2025 |
Hemlock 32 State | Lea County, NM | 9,253 BBLs | 108,692 MCF | Feb 2025 |
Jackson 10 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
Mars 10 State | Lea County, NM | 2,748 BBLs | 10,133 MCF | Feb 2025 |
Mogi 9 State Com | Lea County, NM | 6,074 BBLs | 10,905 MCF | Feb 2025 |
Neptune 10 State Com | Lea County, NM | 183,090 BBLs | 804,446 MCF | Feb 2025 |
Poseidon State Com | Lea County, NM | 42,902 BBLs | 601,132 MCF | Feb 2025 |
Roy Batty Federal Com | Lea County, NM | 2,404 BBLs | 2,280 MCF | Feb 2025 |
Sea Snake 35 State | Lea County, NM | 9,399 BBLs | 75,218 MCF | Feb 2025 |
Yarrow 32 State | Lea County, NM | 8,036 BBLs | 144,414 MCF | Feb 2025 |
Yarrow Bhy State | Lea County, NM | 1,732 BBLs | 263 MCF | Feb 2025 |
Zeus 24 | Lea County, NM | 5,350 BBLs | 109,258 MCF | Feb 2025 |
Zeus State | Lea County, NM | 3,384 BBLs | 106,795 MCF | Feb 2025 |
These are the closest 20 companies operating near the Ares 4 State property.