Gazelle 3

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Gazelle 3

CountyLea County, NM
OperatorEARTHSTONE OPERATING, LLC
Production DatesOct 1998 - Oct 2024
Total Oil Production742,077 BBLs
Total Gas Production8,284,702 MCF
Recent Oil Production2,776 BBLs in Oct 2024
Recent Gas Production12,969 MCF in Oct 2024
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$30,202 *

MarketMultiple™

$433,135 **

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

Based on a decimal interest

Gazelle 3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gazelle 3
from Oct 1998 to Oct 2024

Wells on Gazelle 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-34317GAZELLE 31 FEDERAL 001Earthstone Operating, LLCActiveLea County, NM32.705658-103.699135
30-025-35009GAZELLE 32 STATE 001Earthstone Operating, LLCActiveLea County, NM32.698425-103.691612
30-025-35339GAZELLE 31 FEDERAL 003Earthstone Operating, LLCActiveLea County, NM32.702042-103.695908
30-025-43906GAZELLE 32 STATE COM 2BS 001HEarthstone Operating, LLCActiveLea County, NM32.710632-103.689561
30-025-43907GAZELLE 32 STATE COM 2BS 002HEarthstone Operating, LLCNewLea County, NM32.710633-103.689366
30-025-44197GAZELLE 32 STATE COM 2BS 002YEarthstone Operating, LLCActiveLea County, NM32.710632-103.689691
30-025-45131GAZELLE 32 STATE COM 1BS 003HEarthstone Operating, LLCActiveLea County, NM32.710879-103.689692
30-025-46271GAZELLE 32 STATE COM 1BS 004HEarthstone Operating, LLCActiveLea County, NM32.710880-103.689562

Leases included in Gazelle 3

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
332557GAZELLE 31 FEDERALEarthstone Operating, LLCLea County, NM
332558GAZELLE 32 STATEEarthstone Operating, LLCLea County, NM
332559GAZELLE 32 STATE COM 1BSEarthstone Operating, LLCLea County, NM
332560GAZELLE 32 STATE COM 2BSEarthstone Operating, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gazelle 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlantic 32 StateLea County, NM25 BBLs0 MCFOct 2024
Bel Air 5 8 2BS Federal ComLea County, NM9,296 BBLs8,819 MCFOct 2024
Bel Air 5 8 Federal ComLea County, NM11,483 BBLs8,908 MCFOct 2024
Bondurant FederalLea County, NM5 BBLs162 MCFOct 2024
CochiseLea County, NM43 BBLs0 MCFNov 2024
Corvette 4 33Lea County, NM22,017 BBLs44,970 MCFOct 2024
Crazy Wolf 1 2 B2Lea County, NM1,163 BBLs1,403 MCFOct 2024
Delorean 9 10Lea County, NM32,186 BBLs33,125 MCFOct 2024
Eland 32 18 33 RN State ComLea County, NM1,514 BBLs2,059 MCFOct 2024
FederalLea County, NM2,703 BBLs5,757 MCFNov 2024
FrenchLea County, NM255 BBLs176 MCFNov 2024
Huber 17 FederalLea County, NM53 BBLs675 MCFOct 2024
Hudson 29 FederalLea County, NM0 BBLs768 MCFNov 2024
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36 B2da State ComLea County, NM392 BBLs357 MCFOct 2024
Nellis FederalLea County, NM9 BBLs6,305 MCFOct 2024
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFDec 2023
South Corbin FederalLea County, NM0 BBLs113 MCFOct 2024
Uncle SamLea County, NM31 BBLs898 MCFOct 2024

Companies in the Area

These are the closest 20 companies operating near the Gazelle 3 property.

Company Name
Burlington Resources Oil And Gas Co.
Cameron Oil & Gas Inc
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
Earthstone Operating, LLC
Endeavor Energy Resources, LP
Harvey E Yates Company
Lindenmuth & Associates Inc
Manzano Oil Corporation
Marathon Oil Company
Marshall & Winston, Inc.
Matador Production Company
Mewbourne Oil Company
Occidental Permian LTD.
Oleum Energy LLC
Oxy USA Inc
P-R-O Management, Inc.
Seely Oil Company
Southland Royalty Company
Special Energy Corporation