Elevate Federal Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Elevate Federal Com

CountyLea County, NM
OperatorFRANKLIN MOUNTAIN ENERGY LLC
Production DatesDec 2023 - Oct 2024
Total Oil Production514,468 BBLs
Total Gas Production554,345 MCF
Recent Oil Production27,103 BBLs in Oct 2024
Recent Gas Production41,430 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for Elevate Federal Com

ShaleAssessment

Not Available

MarketMultiple

$6,070,790 **

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

Based on a decimal interest

Elevate Federal Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Elevate Federal Com
from Dec 2023 to Oct 2024

Wells on Elevate Federal Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-48588ELEVATE FEDERAL COM 601HFranklin Mountain Energy LLCNewLea County, NM32.224043-103.344191
30-025-48589ELEVATE FEDERAL COM 701HFranklin Mountain Energy LLCNewLea County, NM32.224042-103.344304
30-025-48590ELEVATE FEDERAL COM 702HFranklin Mountain Energy LLCNewLea County, NM32.224044-103.344078

Leases included in Elevate Federal Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
330333ELEVATE FEDERAL COMFranklin Mountain Energy LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Elevate Federal Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angus State 24 35 16Lea County, NM0 BBLs246 MCFOct 2024
Antelope 5 FederalLea County, NM0 BBLs0 MCFMar 2022
Beowulf 33 State ComLea County, NM1,665 BBLs1,805 MCFOct 2024
Bonaid Federal ComLea County, NM5,196 BBLs20,142 MCFNov 2024
Brahman State 24 35 15Lea County, NM0 BBLs82 MCFOct 2024
Breckenridge Federal ComLea County, NM17,825 BBLs52,008 MCFOct 2024
Cathy Bryce Federal ComLea County, NM99,128 BBLs86,984 MCFOct 2024
Georgetown Federal ComLea County, NM20,692 BBLs54,325 MCFOct 2024
Gladiator 3Lea County, NM2,842 BBLs8,184 MCFOct 2024
Golden Federal ComLea County, NM13,817 BBLs55,286 MCFOct 2024
Grendel 2 StateLea County, NM4,097 BBLs15,425 MCFOct 2024
Master Federal ComLea County, NM18,333 BBLs20,043 MCFOct 2024
Mirror Federal ComLea County, NM59,167 BBLs159,976 MCFOct 2024
Ouray Federal ComLea County, NM23,269 BBLs49,976 MCFOct 2024
Pork Pie State ComLea County, NM6,069 BBLs7,024 MCFNov 2024
Prevail Federal ComLea County, NM22,416 BBLs27,172 MCFOct 2024
Seinfeld MH Federal UnitLea County, NM121,787 BBLs304,605 MCFOct 2024
Seinfeld Mulva Federal UnitLea County, NM88,172 BBLs241,434 MCFOct 2024
Triumph Federal ComLea County, NM21,057 BBLs27,647 MCFOct 2024
WoolworthLea County, NM0 BBLs0 MCFJul 2022