Oil & Gas Property in Lea County, NM
Key data points for Cotton Draw 1
Counties | Eddy County, NM Lea County, NM |
---|---|
Production Dates | Apr 2012 - Oct 2024 |
Total Oil Production | 797,630 BBLs |
Total Gas Production | 3,031,560 MCF |
Recent Oil Production | 3,066 BBLs in Oct 2024 |
Recent Gas Production | 5,438 MCF in Oct 2024 |
Wells on Property | 10 |
Our Valuation Estimates for Cotton Draw 1
ShaleAssessment™
$114,457 *
MarketMultiple™
$346,692 **
* 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 Cotton Draw 1 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Armstrong 26 23 | Eddy County, NM | 36,398 BBLs | 206,074 MCF | Oct 2024 |
Armstrong 26 35 W | Eddy County, NM | 20,792 BBLs | 134,910 MCF | Oct 2024 |
Belgian 15 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2023 |
Big Sinks Draw 25 | Eddy County, NM | 2,910 BBLs | 16,454 MCF | Oct 2024 |
Chincoteague | Lea County, NM | 20,173 BBLs | 106,001 MCF | Oct 2024 |
Chincoteague 8 32 Federal State Com | Lea County, NM | 15,288 BBLs | 500,486 MCF | Oct 2024 |
Cotton Draw | Lea County, NM | 620,540 BBLs | 4,094,538 MCF | Nov 2024 |
Cotton Draw | Eddy County, NM | 1,753 BBLs | 6,249 MCF | Oct 2024 |
Exmoor 10 34 Federal Com | Eddy County, NM | 173,199 BBLs | 1,331,740 MCF | Oct 2024 |
Lusitano 27 | Eddy County, NM | 23,020 BBLs | 108,382 MCF | Oct 2024 |
Mule 23 11 Federal Com | Eddy County, NM | 371,402 BBLs | 1,768,544 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 |
Poker Lake | Eddy County, NM | 462,293 BBLs | 2,957,683 MCF | Oct 2024 |
Poker Lake Unit CVX JV BS 0 | Eddy County, NM | 8,856 BBLs | 17,888 MCF | Oct 2024 |
Redhead 31 Federal | Lea County, NM | 653 BBLs | 60 MCF | Nov 2024 |
Shire 22 15 Federal Com | Eddy County, NM | 33,709 BBLs | 150,181 MCF | Oct 2024 |
Shire 22 Federal | Eddy County, NM | 614 BBLs | 2,102 MCF | Oct 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 Cotton Draw 1 property.