Oil & Gas Property in Lea County, NM
Key data points for Chincoteague
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Dec 2016 - Oct 2024 |
| Total Oil Production | 3,840,790 BBLs |
| Total Gas Production | 13,359,348 MCF |
| Recent Oil Production | 20,173 BBLs in Oct 2024 |
| Recent Gas Production | 106,001 MCF in Oct 2024 |
| Wells on Property | 11 |
Our Valuation Estimates for Chincoteague
ShaleAssessment™
$306,950 *
MarketMultiple™
$2,822,143 **
* 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 Chincoteague property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azores Federal | Lea County, NM | 184,960 BBLs | 632,421 MCF | Nov 2024 |
| Chincoteague 8 32 Federal State Com | Lea County, NM | 15,288 BBLs | 500,486 MCF | Oct 2024 |
| Co Grizzly 3 | Lea County, NM | 165,971 BBLs | 361,832 MCF | Oct 2024 |
| Co VIper 4 33 Federal | Lea County, NM | 32,335 BBLs | 101,965 MCF | Oct 2024 |
| Corvo Federal | Lea County, NM | 2,432 BBLs | 3,385 MCF | Nov 2024 |
| Cotton Draw | Lea County, NM | 620,540 BBLs | 4,094,538 MCF | Nov 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| E F Ray B NCT-1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 1998 |
| Lippizzan 4 Federal | Lea County, NM | 4,097 BBLs | 10,585 MCF | Oct 2024 |
| Mustang 8 17 Federal | Lea County, NM | 8,880 BBLs | 54,093 MCF | Oct 2024 |
| Mustang 8 29 Federal Com | Lea County, NM | 1,461 BBLs | 15,830 MCF | Oct 2024 |
| Outrider | Lea County, NM | 195,335 BBLs | 479,478 MCF | Oct 2024 |
| Outrider 28 Federal Com | Lea County, NM | 142,954 BBLs | 285,692 MCF | Oct 2024 |
| Paduca | Lea County, NM | 0 BBLs | 0 MCF | Sep 2013 |
| Paduca Delaware 16 State | Lea County, NM | 53 BBLs | 0 MCF | Oct 2024 |
| Paint 33 Federal | Lea County, NM | 3,025 BBLs | 4,748 MCF | Oct 2024 |
| Paint 4 33 Federal Com | Lea County, NM | 131,514 BBLs | 854,249 MCF | Oct 2024 |
| Redhead 31 Federal | Lea County, NM | 653 BBLs | 60 MCF | Nov 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 6,999 BBLs | 312,453 MCF | Oct 2024 |
| Trionyx 6 Federal | Lea County, NM | 6,261 BBLs | 37,861 MCF | Oct 2024 |
These are the closest 20 companies operating near the Chincoteague property.