Oil & Gas Property in Lea County, NM
Key data points for Butter Cup 3
| County | Lea County, NM |
|---|---|
| Operator | FRANKLIN MOUNTAIN ENERGY 3, LLC |
| Production Dates | Apr 2013 - Aug 2024 |
| Total Oil Production | 610,815 BBLs |
| Total Gas Production | 533,213 MCF |
| Recent Oil Production | 1,936 BBLs in Aug 2024 |
| Recent Gas Production | 2,877 MCF in Aug 2024 |
| Wells on Property | 5 |
Our Valuation Estimates for Butter Cup 3
ShaleAssessment™
$118,440 *
MarketMultiple™
$294,000 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Butter Cup 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 3,036 BBLs | 2,588 MCF | Aug 2024 |
| Airstrip 31 | Lea County, NM | 8,133 BBLs | 6,947 MCF | Aug 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,603 BBLs | 723 MCF | Aug 2024 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Caprock 27 State | Lea County, NM | 245 BBLs | 3 MCF | Aug 2024 |
| Condor State | Lea County, NM | 622 BBLs | 1,481 MCF | Aug 2024 |
| Gold State Com | Lea County, NM | 42,325 BBLs | 59,550 MCF | Aug 2024 |
| King Cobra 2 State | Lea County, NM | 2,385 BBLs | 2,294 MCF | Aug 2024 |
| Kingfisher State Com | Lea County, NM | 1,404 BBLs | 932 MCF | Aug 2024 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Magpie State | Lea County, NM | 0 BBLs | 0 MCF | Jan 2024 |
| Merit 6 Eh State Com | Lea County, NM | 393 BBLs | 245 MCF | Aug 2024 |
| Mongoose Fee | Lea County, NM | 431 BBLs | 527 MCF | Aug 2024 |
| Playa 2 State | Lea County, NM | 1,464 BBLs | 1,507 MCF | Aug 2024 |
| Raptor West 3 State | Lea County, NM | 1,494 BBLs | 1,480 MCF | Aug 2024 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Teapot | Lea County, NM | 753 BBLs | 2,032 MCF | Aug 2024 |
| Tin Cup 36 State Com | Lea County, NM | 402 BBLs | 525 MCF | Aug 2024 |
| Tres Primos 3 State | Lea County, NM | 1,621 BBLs | 1,335 MCF | Aug 2024 |
| Wild Cobra 1 State | Lea County, NM | 1,479 BBLs | 1,196 MCF | Aug 2024 |
These are the closest 20 companies operating near the Butter Cup 3 property.