Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Sep 2024 |
Total Oil Production | 975,135 BBLs |
Total Gas Production | 2,981,017 MCF |
Recent Oil Production | 608 BBLs in Sep 2024 |
Recent Gas Production | 753 MCF in Sep 2024 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$55,481 *
MarketMultiple™
$154,568 **
* 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 | 0 BBLs | 0 MCF | Aug 2024 |
Anasazi 9 Federal | Lea County, NM | 0 BBLs | 24 MCF | Sep 2024 |
Bandit 15 Federal Com | Lea County, NM | 0 BBLs | 308 MCF | Sep 2024 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
Jade 34 3 2BS | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
Jade 34 3 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2024 |
Laguna Deep | Lea County, NM | 1,724 BBLs | 6,871 MCF | Sep 2024 |
Laguna Deep Federal Unit | Lea County, NM | 191 BBLs | 323 MCF | Sep 2024 |
Lone Ranger | Lea County, NM | 193 BBLs | 5 MCF | Sep 2024 |
Marshall 1 | Lea County, NM | 0 BBLs | 4,559 MCF | Sep 2024 |
Pennzoil | Lea County, NM | 344 BBLs | 3,623 MCF | Sep 2024 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 4 BBLs | 0 MCF | Sep 2024 |
Teas Yates Unit | Lea County, NM | 131 BBLs | 0 MCF | Sep 2024 |
Tonto Federal | Lea County, NM | 262 BBLs | 0 MCF | Sep 2024 |
War Eagle Federal Com | Lea County, NM | 12,631 BBLs | 13,378 MCF | Sep 2024 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 194 BBLs | 81 MCF | Sep 2024 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.