Gateway 2 State

Oil & Gas Property in Lea County, NM

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

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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 ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Gateway 2 State

ShaleAssessment™

$2,786 *

MarketMultiple™

$33,198 **

* 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 NameOperatorCounty
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, NM10,384 BBLs8,659 MCFSep 2024
Belgian Blue 28 21 State ComLea County, NM74,274 BBLs41,376 MCFSep 2024
Blue Box Federal ComLea County, NM11,557 BBLs7,751 MCFSep 2024
Cable 19 35Lea County, NM2,641 BBLs2,106 MCFSep 2024
Eagle State ComLea County, NM27,262 BBLs30,512 MCFSep 2024
ElkanLea County, NM0 BBLs0 MCFMar 1996
Hibiscus 08 19 35 RN State ComLea County, NM945 BBLs1,199 MCFSep 2024
Ironhouse 3Lea County, NM86 BBLs246 MCFSep 2024
New Mexico DD StateLea County, NM0 BBLs0 MCFAug 2024
Norte State ComLea County, NM6,148 BBLs5,093 MCFSep 2024
Pearl StateLea County, NM0 BBLs0 MCFSep 2012
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
Reeves 26Lea County, NM1 BBLs1 MCFSep 2024
ScharbLea County, NM0 BBLs0 MCFJun 2021
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
South VacuumLea County, NM184 BBLs118 MCFSep 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

Companies in the Area

These are the closest 20 companies operating near the Gateway 2 State property.

Company Name
Baytech Inc
Catena Resources Operating, LLC
Dallas Production
Elk Oil Company
EOG Y Resources Inc
Franklin Mountain Energy 3, LLC
Fred Pool DRLG Inc
G And C Operating, LLC
J & G Enterprise LTD., Co.
Linn Operating LLC
Lynx Petroleum Consultants Inc.
Marathon Oil Permian LLC
Matador Production Company
Maverick Operating, LLC
McElvain Energy Inc
Mewbourne Oil Company
Morexco Inc
Read & Stevens, Inc.
SDX Resources, Inc.
Southland Royalty Company