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 - Nov 2024
Total Oil Production744,663 BBLs
Total Gas Production8,294,802 MCF
Recent Oil Production2,586 BBLs in Nov 2024
Recent Gas Production10,100 MCF in Nov 2024
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$29,305 *

MarketMultiple™

$416,853 **

* 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 Nov 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 MCFNov 2024
Bel Air 5 8 2BS Federal ComLea County, NM4,345 BBLs4,748 MCFNov 2024
Bel Air 5 8 Federal ComLea County, NM15,783 BBLs12,229 MCFNov 2024
Bondurant FederalLea County, NM0 BBLs22 MCFNov 2024
CochiseLea County, NM6 BBLs0 MCFDec 2024
Corvette 4 33Lea County, NM18,507 BBLs42,505 MCFNov 2024
Crazy Wolf 1 2 B2Lea County, NM875 BBLs1,032 MCFNov 2024
Delorean 9 10Lea County, NM85,144 BBLs70,417 MCFNov 2024
Eland 32 18 33 RN State ComLea County, NM1,150 BBLs1,860 MCFDec 2024
FederalLea County, NM1,404 BBLs4,409 MCFDec 2024
FrenchLea County, NM272 BBLs192 MCFDec 2024
Huber 17 FederalLea County, NM42 BBLs380 MCFNov 2024
Hudson 29 FederalLea County, NM0 BBLs926 MCFDec 2024
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36 B2da State ComLea County, NM336 BBLs230 MCFNov 2024
Nellis FederalLea County, NM136 BBLs4,648 MCFDec 2024
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFDec 2023
South Corbin FederalLea County, NM5 BBLs101 MCFNov 2024
Uncle SamLea County, NM46 BBLs443 MCFNov 2024

Companies in the Area

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

Company Name
Cimarex Energy Co. Of Colorado
COG Operating LLC
Earthstone Operating, LLC
Endeavor Energy Resources, LP
EOG Resources, Inc.
Fasken Oil And Ranch, LTD.
Franklin Mountain Energy 3, LLC
Harvey E Yates Company
J R Oil, LTD. Co.
J. M. Huber Corp.
Kaiser-Francis Oil Company
Mack Energy Corporation
Matador Production Company
Mewbourne Oil Company
Ray Westall
Raybaw Operating, LLC
Regeneration Energy, Corporation
Special Energy Corporation
Spur Energy Partners LLC
Three Forks Resources LLC