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 - Sep 2024
Total Oil Production87,127 BBLs
Total Gas Production103,579 MCF
Recent Oil Production149 BBLs in Sep 2024
Recent Gas Production276 MCF in Sep 2024
Wells on Property7

Our Valuation Estimates for Baetz 23

ShaleAssessment™

$7,319 *

MarketMultiple™

$20,575 **

* 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 Sep 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, NM653 BBLs1,548 MCFSep 2024
Bass FederalLea County, NM326 BBLs827 MCFSep 2024
Belco Aia FederalLea County, NM0 BBLs0 MCFAug 2024
Big Eddy UnitLea County, NM106,871 BBLs210,715 MCFSep 2024
Black Horse Federal Com 20 33 07 SBLea County, NM977 BBLs505 MCFSep 2024
Brooks FederalLea County, NM0 BBLs0 MCFMar 2018
Chistera 32 StateLea County, NM3,825 BBLs5,918 MCFSep 2024
Felmont FedLea County, NM0 BBLs0 MCFAug 2024
Ganso StateLea County, NM352 BBLs511 MCFSep 2024
Laguna 16 StateLea County, NM678 BBLs4,263 MCFSep 2024
Little Eddy UnitLea County, NM0 BBLs2,842 MCFSep 2024
Pakse 3 South Federal ComLea County, NM0 BBLs0 MCFAug 2024
Pakse 4 South Federal ComLea County, NM0 BBLs0 MCFAug 2024
Pakse 5 South Federal ComLea County, NM0 BBLs0 MCFAug 2024
Pakse South Federal ComLea County, NM0 BBLs0 MCFAug 2024
Pony Express Federal ComLea County, NM61,332 BBLs72,827 MCFSep 2024
Queenie Federal ComLea County, NM51,216 BBLs56,319 MCFSep 2024
Silver Federal ComLea County, NM82,998 BBLs174,565 MCFSep 2024
Snoddy FederalLea County, NM1,725 BBLs2,810 MCFSep 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.