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 - Jan 2025
Total Oil Production747,455 BBLs
Total Gas Production8,308,148 MCF
Recent Oil Production1,778 BBLs in Jan 2025
Recent Gas Production8,042 MCF in Jan 2025
Wells on Property8

Our Valuation Estimates for Gazelle 3

ShaleAssessment™

$28,043 *

MarketMultiple™

$367,931 **

* 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 Jan 2025

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, NM84 BBLs0 MCFJan 2025
Bel Air 5 8 2BS Federal ComLea County, NM3,760 BBLs3,549 MCFJan 2025
Bel Air 5 8 Federal ComLea County, NM20,379 BBLs18,093 MCFJan 2025
Bondurant FederalLea County, NM359 BBLs467 MCFJan 2025
CochiseLea County, NM26 BBLs0 MCFFeb 2025
Corvette 4 33Lea County, NM15,156 BBLs26,361 MCFJan 2025
Crazy Wolf 1 2 B2Lea County, NM3,040 BBLs3,793 MCFJan 2025
Delorean 9 10Lea County, NM100,285 BBLs75,896 MCFJan 2025
Eland 32 18 33 RN State ComLea County, NM1,957 BBLs2,801 MCFJan 2025
FederalLea County, NM2,595 BBLs5,619 MCFFeb 2025
FrenchLea County, NM304 BBLs166 MCFFeb 2025
Hudson 29 FederalLea County, NM234 BBLs17,363 MCFFeb 2025
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36Lea County, NM208 BBLs21 MCFJan 2025
Nellis FederalLea County, NM32 BBLs5,279 MCFFeb 2025
Paloma StateLea County, NM0 BBLs0 MCFSep 2024
QuerechoLea County, NM0 BBLs0 MCFDec 2023
South Corbin FederalLea County, NM67 BBLs104 MCFJan 2025
Uncle FederalLea County, NM283 BBLs523 MCFJan 2025
Uncle SamLea County, NM53 BBLs1,489 MCFFeb 2025

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
Oleum Energy LLC
Oxy USA Inc
P-R-O Management, Inc.
Regeneration Energy, Corporation
Seely Oil Company
Southland Royalty Company
Special Energy Corporation

Frac'ing activity on Gazelle 3

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-43906Gazelle 32 State Com 2BS 1H
30-025-44197Gazelle 32 State Com 2BS 002Y