Chorizo 12 State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Chorizo 12 State Com

CountyLea County, NM
OperatorPERMIAN RESOURCES OPERATING, LLC
Production DatesFeb 2020 - Jan 2025
Total Oil Production3,130,756 BBLs
Total Gas Production6,965,345 MCF
Recent Oil Production25,475 BBLs in Jan 2025
Recent Gas Production75,995 MCF in Jan 2025
Wells on Property9

Our Valuation Estimates for Chorizo 12 State Com

ShaleAssessment

Not Available

MarketMultiple

$3,533,370 **

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

Based on a decimal interest

Chorizo 12 State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Chorizo 12 State Com
from Feb 2020 to Jan 2025

Wells on Chorizo 12 State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-46283CHORIZO 12 STATE COM 602HPermian Resources Operating, LLCActiveLea County, NM32.432277-103.426535
30-025-46284CHORIZO 12 STATE COM 603HPermian Resources Operating, LLCPlugged (Not Released)Lea County, NM32.432277-103.426437
30-025-46594CHORIZO 12 STATE COM 603YPermian Resources Operating, LLCActiveLea County, NM32.432276-103.426632
30-025-47958CHORIZO 12 STATE COM 501HPermian Resources Operating, LLCActiveLea County, NM32.435956-103.429236
30-025-47959CHORIZO 12 STATE COM 502HPermian Resources Operating, LLCActiveLea County, NM32.435956-103.429123
30-025-47960CHORIZO 12 STATE COM 503HPermian Resources Operating, LLCActiveLea County, NM32.435956-103.429010
30-025-49537CHORIZO 12 STATE COM 301HPermian Resources Operating, LLCNewLea County, NM32.436118-103.429238
30-025-49538CHORIZO 12 STATE COM 302HPermian Resources Operating, LLCNewLea County, NM32.436119-103.429125
30-025-49539CHORIZO 12 STATE COM 303HPermian Resources Operating, LLCNewLea County, NM32.436119-103.429012

Leases included in Chorizo 12 State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
322870CHORIZO 12 STATE COMPermian Resources Operating, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Chorizo 12 State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Burgundy 20005 JV-PLea County, NM0 BBLs3,236 MCFJan 2025
Chimichangas 12 State ComLea County, NM47,576 BBLs141,101 MCFJan 2025
Dolly VardenLea County, NM0 BBLs0 MCFDec 2024
Dolly Varden 25 24 BLea County, NM162 BBLs74 MCFJan 2025
Eric Cartman 31 State ComLea County, NM19,784 BBLs35,502 MCFJan 2025
Eric Cartman 6 State ComLea County, NM97,132 BBLs236,759 MCFJan 2025
Getty 1 StateLea County, NM0 BBLs317 MCFJan 2025
Getty 36 State ComLea County, NM0 BBLs5,020 MCFJan 2025
Gordita 6 State ComLea County, NM28,463 BBLs108,156 MCFJan 2025
Grama Ridge 116 35Lea County, NM35,216 BBLs108,481 MCFJan 2025
Grama Ridge East 34Lea County, NM15,716 BBLs50,222 MCFJan 2025
Gramma 27 StateLea County, NM0 BBLs0 MCFDec 2024
Inland 26 23 BLea County, NM20,777 BBLs94,037 MCFJan 2025
Margarita 12 State ComLea County, NM28,242 BBLs108,367 MCFJan 2025
New Mexico BZ StateLea County, NM0 BBLs0 MCFJun 2008
New Mexico DLea County, NM19 BBLs1 MCFJan 2025
Slick Mesa 27 StateLea County, NM967 BBLs10,324 MCFJan 2025
Squeeze 2 StateLea County, NM13,479 BBLs44,439 MCFJan 2025
StateLea County, NM28 BBLs7 MCFJan 2025
Steelhead 36 25 B2Lea County, NM14,346 BBLs49,070 MCFJan 2025

Frac'ing activity on Chorizo 12 State Com

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-46283Chorizo 12 State Com 602H
30-025-46594Chorizo 12 State Com 603Y
30-025-47958Chorzo 12 State Com 501H
30-025-47959Chorzo 12 State Com 502H
30-025-47960Chorzo 12 State Com 503H
30-025-49537Chorizo 12 State Com 301H
30-025-49538Chorizo 12 State Com 302H
30-025-49539Chorizo 12 State Com 303H