Gateway 2 State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Gateway 2 State

CountyLea County, NM
OperatorCAZA OPERATING, LLC
Production DatesNov 2013 - Aug 2024
Total Oil Production35,097 BBLs
Total Gas Production20,865 MCF
Recent Oil Production286 BBLs in Aug 2024
Recent Gas Production83 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Gateway 2 State

ShaleAssessment

$2,786 *

MarketMultiple

$28,074 **

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

Based on a decimal interest

Gateway 2 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gateway 2 State
from Nov 2013 to Aug 2024

Wells on Gateway 2 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41095GATEWAY 2 STATE 001CCAZA OPERATING, LLCCancelledLea County, NM32.695671-103.430161
30-025-41096GATEWAY 2 STATE COM 002HCAZA OPERATING, LLCActiveLea County, NM32.695278-103.434448

Leases included in Gateway 2 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
39801GATEWAY 2 STATECAZA OPERATING, LLCLea County, NM
40100GATEWAY 2 STATE COMCAZA OPERATING, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gateway 2 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alpha State ComLea County, NM12,235 BBLs9,918 MCFAug 2024
Belgian Blue 28 21 State ComLea County, NM16,572 BBLs9,289 MCFAug 2024
Blue Box Federal ComLea County, NM12,652 BBLs9,481 MCFAug 2024
Cable 19 35Lea County, NM3,219 BBLs2,486 MCFAug 2024
Eagle State ComLea County, NM31,188 BBLs34,555 MCFAug 2024
ElkanLea County, NM0 BBLs0 MCFMar 1996
Hibiscus 08 19 35 RN State ComLea County, NM988 BBLs1,228 MCFAug 2024
Ironhouse 3Lea County, NM284 BBLs581 MCFAug 2024
New Mexico DD StateLea County, NM31 BBLs0 MCFAug 2024
Norte State ComLea County, NM6,983 BBLs5,791 MCFAug 2024
Pearl StateLea County, NM0 BBLs0 MCFSep 2012
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
Reeves 26Lea County, NM0 BBLs0 MCFMay 2024
ScharbLea County, NM0 BBLs0 MCFJun 2021
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
South VacuumLea County, NM219 BBLs144 MCFAug 2024
Sprinkle FederalLea County, NM0 BBLs0 MCFMar 2007
StateLea County, NM0 BBLs0 MCFSep 2001
TMBR 1 StateLea County, NM0 BBLs0 MCFJul 2024
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007