Argo

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Argo Oil & Gas Property

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Property Summary

Key data points for Argo

CountyLea County, NM
OperatorAPACHE CORPORATION
Production DatesJan 1993 - Sep 2024
Total Oil Production284,780 BBLs
Total Gas Production3,324,700 MCF
Recent Oil Production172 BBLs in Sep 2024
Recent Gas Production1,996 MCF in Sep 2024
Wells on Property19

Our Valuation Estimates for Argo

ShaleAssessment™

$37,793 *

MarketMultiple™

$29,530 **

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

Based on a decimal interest

Argo Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Argo
from Jan 1993 to Sep 2024

Wells on Argo

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
30-025-06603ARGO 006APACHE CORPORATIONActiveLea County, NM32.476162-103.151924
30-025-06604ARGO 008APACHE CORPORATIONActiveLea County, NM32.473438-103.151917
30-025-06606ARGO 010APACHE CORPORATIONPluggedLea County, NM32.476788-103.156952
30-025-06607ARGO 011APACHE CORPORATIONActiveLea County, NM32.477341-103.154060
30-025-06608ARGO 012APACHE CORPORATIONActiveLea County, NM32.472721-103.157623
30-025-06737ARGO A 005APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.466183-103.152496
30-025-06738ARGO A 006APACHE CORPORATIONActiveLea County, NM32.470417-103.152275
30-025-06739ARGO A 007APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.466454-103.156937
30-025-06740ARGO A 008APACHE CORPORATIONActiveLea County, NM32.468903-103.156197
30-025-06741ARGO A 009APACHE CORPORATIONActiveLea County, NM32.468929-103.157784
30-025-06742ARGO A 010APACHE CORPORATIONActiveLea County, NM32.469811-103.154022
30-025-06744ARGO A 012APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.465271-103.156937
30-025-09915ARGO 007APACHE CORPORATIONActiveLea County, NM32.477970-103.156204
30-025-36039ARGO A 013APACHE CORPORATIONActiveLea County, NM32.466484-103.154053
30-025-39557ARGO 013APACHE CORPORATIONActiveLea County, NM32.474342-103.155846
30-025-39686ARGO A 014APACHE CORPORATIONActiveLea County, NM32.470715-103.158333
30-025-39826ARGO A 015APACHE CORPORATIONActiveLea County, NM32.467075-103.151917
30-025-39828ARGO 014APACHE CORPORATIONPlugged (Not Released)Lea County, NM32.477646-103.152504
30-025-39829ARGO 015APACHE CORPORATIONActiveLea County, NM32.472530-103.154060

Leases included in Argo

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
23103ARGOAPACHE CORPORATIONLea County, NM
23104ARGO AAPACHE CORPORATIONLea County, NM

Nearby Properties

These are the closest 20 properties to the Argo property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
A M YorkLea County, NM426 BBLs1,862 MCFSep 2024
Dayton HardyLea County, NM93 BBLs3,561 MCFSep 2024
Elliott ALea County, NM84 BBLs1,836 MCFSep 2024
EubankLea County, NM0 BBLs0 MCFSep 2012
EubanksLea County, NM0 BBLs0 MCFAug 2024
EuniceLea County, NM2,096 BBLs28,954 MCFSep 2024
Harry Leonard NCTLea County, NM759 BBLs10,543 MCFSep 2024
L G WarlickLea County, NM41 BBLs3,437 MCFSep 2024
LansfordLea County, NM0 BBLs0 MCFJul 2021
LockhartLea County, NM2,204 BBLs33,550 MCFSep 2024
M E WantzLea County, NM474 BBLs8,849 MCFSep 2024
Mary E WantzLea County, NM0 BBLs21 MCFSep 2024
Naomi KeenumLea County, NM0 BBLs0 MCFAug 2024
New MexicoLea County, NM0 BBLs0 MCFAug 2024
Northeast Drinkard UnitLea County, NM23,858 BBLs107,774 MCFSep 2024
Percy HardyLea County, NM44 BBLs1,695 MCFSep 2024
State C Tract 12Lea County, NM341 BBLs7,640 MCFSep 2024
TurnerLea County, NM946 BBLs23,051 MCFSep 2024
WeatherlyLea County, NM1,728 BBLs13,677 MCFSep 2024
West Blinebry Drinkard UnitLea County, NM21,388 BBLs56,905 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Argo property.

Company Name
Acoma Oil Corporation
Apache Corporation
Chevron Midcontinent, L.P.
Chevron USA Inc
Conoco Inc.
ConocoPhillips Company
Contango Resources LLC
Eastland Oil Company, The
Empire New Mexico LLC
John H Hendrix Corp
Jr Cone Operating, LLC
Kinney Incorporated
Marathon Oil Company
Pure Resources, L.P.
Shell Western E&P Inc.
Southwest Royalties Inc
Stephens & Johnson Op Co
Texaco Expl. And Prod. Inc.
Upland Production Company
Zia Energy Inc