Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Dec 2024 |
Total Oil Production | 978,608 BBLs |
Total Gas Production | 2,985,990 MCF |
Recent Oil Production | 914 BBLs in Nov 2024 |
Recent Gas Production | 1,293 MCF in Nov 2024 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$53,134 *
MarketMultiple™
$145,886 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Gem 8705 JV-P property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Anaconda 11 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Anaconda 11 14 | Lea County, NM | 8,084 BBLs | 7,035 MCF | Nov 2024 |
Anasazi 9 Federal | Lea County, NM | 18 BBLs | 0 MCF | Dec 2024 |
Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Jade 34 3 1BS Federal Com | Lea County, NM | 13,832 BBLs | 56,191 MCF | Nov 2024 |
Jade 34 3 2BS | Lea County, NM | 15,471 BBLs | 12,824 MCF | Nov 2024 |
Jade 34 3 Federal Com | Lea County, NM | 69,438 BBLs | 84,109 MCF | Nov 2024 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
Laguna Deep | Lea County, NM | 1,453 BBLs | 6,777 MCF | Dec 2024 |
Laguna Deep Federal Unit | Lea County, NM | 162 BBLs | 271 MCF | Dec 2024 |
Lone Ranger | Lea County, NM | 485 BBLs | 0 MCF | Dec 2024 |
Marshall 1 | Lea County, NM | 0 BBLs | 410 MCF | Dec 2024 |
New Sheriff 10 Federal Com | Lea County, NM | 262 BBLs | 11,210 MCF | Dec 2024 |
Pennzoil | Lea County, NM | 228 BBLs | 1,981 MCF | Dec 2024 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 2 BBLs | 0 MCF | Dec 2024 |
Teas Yates Unit | Lea County, NM | 129 BBLs | 0 MCF | Dec 2024 |
Tonto Federal | Lea County, NM | 273 BBLs | 0 MCF | Dec 2024 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 627 BBLs | 176 MCF | Nov 2024 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.