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 - Nov 2024
Total Oil Production2,488,365 BBLs
Total Gas Production10,846,800 MCF
Recent Oil Production9,506 BBLs in Nov 2024
Recent Gas Production84,029 MCF in Nov 2024
Wells on Property12

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

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 Nov 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 NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
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
Action Bti State ComLea County, NM2,453 BBLs1,242 MCFNov 2024
Atoka Bank BDJ State ComLea County, NM1,759 BBLs8,232 MCFNov 2024
Brininstool 4 StateLea County, NM3,909 BBLs7,120 MCFNov 2024
Cabo Blanco StateLea County, NM5,499 BBLs16,679 MCFNov 2024
Charles LingLea County, NM7,900 BBLs16,763 MCFNov 2024
Eata FajitaLea County, NM10,914 BBLs119,111 MCFNov 2024
Enron 9 State ComLea County, NM0 BBLs398 MCFNov 2024
Hemlock 32 StateLea County, NM7,651 BBLs63,690 MCFNov 2024
Jackson 10 State ComLea County, NM0 BBLs0 MCFJul 2024
Mars 10 StateLea County, NM4,633 BBLs18,134 MCFNov 2024
Mars 3 StateLea County, NM5,032 BBLs13,959 MCFNov 2024
Mogi 9 State ComLea County, NM10,724 BBLs15,819 MCFNov 2024
Neptune 10 State ComLea County, NM47,021 BBLs539,256 MCFNov 2024
Poseidon State ComLea County, NM48,449 BBLs705,286 MCFNov 2024
Sea Snake 35 StateLea County, NM11,446 BBLs114,803 MCFNov 2024
Trucker BRK StateLea County, NM860 BBLs771 MCFNov 2024
Yarrow 32 StateLea County, NM7,959 BBLs107,758 MCFNov 2024
Yarrow Bhy StateLea County, NM1,754 BBLs236 MCFNov 2024
Zeus 24Lea County, NM7,749 BBLs166,551 MCFNov 2024
Zeus StateLea County, NM4,135 BBLs142,671 MCFNov 2024