Fanning

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Fanning Oil & Gas Property

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Property Summary

Key data points for Fanning

CountyLea County, NM
Production DatesJan 1993 - Sep 2024
Total Oil Production334,550 BBLs
Total Gas Production991,611 MCF
Recent Oil Production732 BBLs in Sep 2024
Recent Gas Production1,695 MCF in Sep 2024
Wells on Property6

Our Valuation Estimates for Fanning

ShaleAssessment™

$28,689 *

MarketMultiple™

$108,759 **

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

Based on a decimal interest

Fanning Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Fanning
from Jan 1993 to Sep 2024

Wells on Fanning

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-22312FANNING B 001FAE II Operating LLCActiveLea County, NM32.267166-103.160378
30-025-22364FANNING A 001FAE II Operating LLCActiveLea County, NM32.267170-103.164650
30-025-22536FANNING 006FULFER OIL & CATTLE LLCActiveLea County, NM32.263538-103.160370
30-025-35141FANNING 4 001Empire New Mexico LLCActiveLea County, NM32.251133-103.166023
30-025-35731FANNING 4 002Empire New Mexico LLCActiveLea County, NM32.248875-103.165634
30-025-39879FANNING B 002FAE II Operating LLCActiveLea County, NM32.265354-103.160378

Leases included in Fanning

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
306773FANNINGFULFER OIL & CATTLE LLCLea County, NM
331163FANNING BFAE II Operating LLCLea County, NM
331164FANNING AFAE II Operating LLCLea County, NM
331240FANNING 4Empire New Mexico LLCLea County, NM

Operators Associated With Fanning

Nearby Properties

These are the closest 20 properties to the Fanning property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baylus Cade FederalLea County, NM1,035 BBLs1,685 MCFSep 2024
C E LamunyonLea County, NM3,169 BBLs22,341 MCFSep 2024
E C HillLea County, NM580 BBLs1,008 MCFSep 2024
E C Hill BLea County, NM503 BBLs3,221 MCFSep 2024
E C Hill D FederalLea County, NM0 BBLs204 MCFSep 2024
E E Blinebry A Federal NCT-1 ComLea County, NM0 BBLs0 MCFAug 2024
Eva Blinebry BLea County, NM119 BBLs0 MCFOct 2024
Eva E BlinebryLea County, NM6 BBLs0 MCFSep 2024
G G TravisLea County, NM253 BBLs5,752 MCFSep 2024
G H MattixLea County, NM76 BBLs0 MCFOct 2024
HodgeLea County, NM0 BBLs861 MCFSep 2024
Hunt 2Lea County, NM0 BBLs0 MCFMar 2017
LamunyonLea County, NM0 BBLs0 MCFAug 2017
M K StewartLea County, NM94 BBLs954 MCFSep 2024
Myers B FederalLea County, NM11 BBLs3,645 MCFSep 2024
Myers Langlie Mattix UnitLea County, NM1,188 BBLs522 MCFSep 2024
Myers Langlie Mattix Unit 1Lea County, NM84 BBLs36 MCFSep 2024
ReslerLea County, NM0 BBLs322 MCFSep 2024
SaltmountLea County, NM94 BBLs1,595 MCFSep 2024
Teague 2 StateLea County, NM0 BBLs237 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Fanning property.

Company Name
Arch Petroleum Inc.
BP America Production Company
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Contango Resources LLC
Empire New Mexico LLC
Enervest Operating LLC
Fae II Operating LLC
Grizzly Operating LLC
J R Oil, LTD. Co.
John H Hendrix Corp
Latigo Petroleum, Inc.
Oxy USA Inc
Oxy USA WTP Limited Partnership
Plains Petroleum Operating Co
Pogo Producing Company
Range Operating New Mexico LLC
Saga Petroleum Limited Liability Co.
Texaco Expl. And Prod. Inc.
Three Forks Resources LLC