Baetz 23

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Baetz 23 Oil & Gas Property

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Property Summary

Key data points for Baetz 23

CountyLea County, NM
Production DatesJan 1993 - Dec 2024
Total Oil Production87,572 BBLs
Total Gas Production104,425 MCF
Recent Oil Production164 BBLs in Dec 2024
Recent Gas Production285 MCF in Dec 2024
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$6,937 *

MarketMultiple™

$19,646 **

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

Based on a decimal interest

Baetz 23 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Baetz 23
from Jan 1993 to Dec 2024

Wells on Baetz 23

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26414BAETZ 23 FEDERAL 001FASKEN OIL & RANCH LTDActiveLea County, NM32.556877-103.739052
30-025-32670BAETZ 23 002BARBARA FASKENCancelledLea County, NM32.557740-103.735846
30-025-36042BAETZ 23 FEDERAL 003CFASKEN OIL & RANCH LTDCancelledLea County, NM32.564116-103.734975
30-025-36043BAETZ 23 FEDERAL 009FASKEN OIL & RANCH LTDCancelledLea County, NM32.560624-103.730502
30-025-40815BAETZ 23 FEDERAL 002CFASKEN OIL & RANCH LTDCancelledLea County, NM32.556877-103.739540
30-025-43351BAETZ 23 FEDERAL 003HFASKEN OIL & RANCH LTDNewLea County, NM32.550937-103.730592
30-025-43352BAETZ 23 FEDERAL 004HFASKEN OIL & RANCH LTDNewLea County, NM32.550956-103.730530

Leases included in Baetz 23

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
18162BAETZ 23 FEDERALFASKEN OIL & RANCH LTDLea County, NM
4238BAETZ 23BARBARA FASKENLea County, NM

Operators Associated With Baetz 23

Nearby Properties

These are the closest 20 properties to the Baetz 23 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BassLea County, NM459 BBLs905 MCFJan 2025
Bass FederalLea County, NM523 BBLs1,436 MCFJan 2025
Belco Aia FederalLea County, NM634 BBLs2,016 MCFDec 2024
Big Eddy UnitLea County, NM93,700 BBLs237,160 MCFDec 2024
Black Horse Federal Com 20 33 07 SBLea County, NM1,097 BBLs1,281 MCFDec 2024
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM3,335 BBLs3,404 MCFDec 2024
Felmont FedLea County, NM0 BBLs355 MCFDec 2024
Ganso StateLea County, NM311 BBLs347 MCFDec 2024
Laguna 16 StateLea County, NM697 BBLs5,927 MCFDec 2024
Little Eddy UnitLea County, NM0 BBLs2,773 MCFDec 2024
Pakse 3 South Federal ComLea County, NM111,612 BBLs173,106 MCFDec 2024
Pakse 4 South Federal ComLea County, NM60,233 BBLs104,375 MCFDec 2024
Pakse 5 South Federal ComLea County, NM73,345 BBLs123,338 MCFDec 2024
Pakse South Federal ComLea County, NM68,124 BBLs89,092 MCFDec 2024
Pony Express Federal ComLea County, NM71,576 BBLs102,892 MCFDec 2024
Queenie Federal ComLea County, NM43,142 BBLs45,582 MCFDec 2024
Silver Federal ComLea County, NM78,440 BBLs171,360 MCFDec 2024
Snoddy FederalLea County, NM774 BBLs1,539 MCFDec 2024
Tomahawk 28 Federal ComLea County, NM0 BBLs0 MCFApr 2022

Companies in the Area

These are the closest 20 companies operating near the Baetz 23 property.

Company Name
Bepco, L.P.
Burlington Resources Oil & Gas Company LP
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
ConocoPhillips Company
Devon Energy Operating Co., L.P.
Earthstone Operating, LLC
EOG Resources, Inc.
Fasken Oil And Ranch, LTD.
Marathon Oil Permian LLC
Matador Production Company
Petroleum Exploration Company LTD., Limited P
Pure Energy Operating, Inc.
Raybaw Operating, LLC
Samson Resources Company
Strata Production Co
XTO Energy Inc.
XTO Permian Operating LLC.