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 - Nov 2024
Total Oil Production87,408 BBLs
Total Gas Production104,140 MCF
Recent Oil Production165 BBLs in Nov 2024
Recent Gas Production276 MCF in Nov 2024
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$7,065 *

MarketMultiple™

$21,190 **

* 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 Nov 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, NM619 BBLs1,309 MCFNov 2024
Bass FederalLea County, NM716 BBLs1,304 MCFNov 2024
Belco Aia FederalLea County, NM557 BBLs1,515 MCFNov 2024
Big Eddy UnitLea County, NM80,634 BBLs159,810 MCFNov 2024
Black Horse Federal Com 20 33 07 SBLea County, NM1,499 BBLs1,184 MCFNov 2024
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM3,573 BBLs4,410 MCFNov 2024
Felmont FedLea County, NM0 BBLs0 MCFOct 2024
Ganso StateLea County, NM298 BBLs447 MCFNov 2024
Green Frog Cafe FederalLea County, NM425 BBLs753 MCFNov 2024
Laguna 16 StateLea County, NM1,762 BBLs7,360 MCFNov 2024
Little Eddy UnitLea County, NM0 BBLs2,678 MCFNov 2024
Pakse 3 South Federal ComLea County, NM122,154 BBLs182,526 MCFNov 2024
Pakse 4 South Federal ComLea County, NM77,268 BBLs127,792 MCFNov 2024
Pakse 5 South Federal ComLea County, NM82,833 BBLs129,865 MCFNov 2024
Pakse South Federal ComLea County, NM65,039 BBLs80,621 MCFNov 2024
Pony Express Federal ComLea County, NM53,048 BBLs63,598 MCFNov 2024
Queenie Federal ComLea County, NM39,696 BBLs43,475 MCFNov 2024
Snoddy FederalLea County, NM1,907 BBLs3,032 MCFNov 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.