Oil & Gas Property in Lea County, NM
Key data points for Gem 8705 JV-P
County | Lea County, NM |
---|---|
Production Dates | Jan 1993 - Jan 2025 |
Total Oil Production | 979,452 BBLs |
Total Gas Production | 2,987,093 MCF |
Recent Oil Production | 844 BBLs in Jan 2025 |
Recent Gas Production | 1,103 MCF in Jan 2025 |
Wells on Property | 16 |
Our Valuation Estimates for Gem 8705 JV-P
ShaleAssessment™
$52,510 *
MarketMultiple™
$128,092 **
* 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 | 8,184 BBLs | 7,596 MCF | Jan 2025 |
Anasazi 9 Federal | Lea County, NM | 10 BBLs | 335 MCF | Jan 2025 |
Bandit 15 Federal Com | Lea County, NM | 2 BBLs | 1 MCF | Jan 2025 |
Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
Jade 34 3 1BS Federal Com | Lea County, NM | 6,703 BBLs | 22,834 MCF | Jan 2025 |
Jade 34 3 2BS | Lea County, NM | 13,591 BBLs | 12,685 MCF | Jan 2025 |
Jade 34 3 Federal Com | Lea County, NM | 61,153 BBLs | 85,533 MCF | Jan 2025 |
Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
Laguna Deep | Lea County, NM | 1,603 BBLs | 6,685 MCF | Jan 2025 |
Laguna Deep Federal Unit | Lea County, NM | 145 BBLs | 271 MCF | Jan 2025 |
Lone Ranger | Lea County, NM | 83 BBLs | 0 MCF | Jan 2025 |
Marshall 1 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
New Sheriff 10 Federal Com | Lea County, NM | 206 BBLs | 7,021 MCF | Jan 2025 |
Pennzoil | Lea County, NM | 265 BBLs | 1,804 MCF | Jan 2025 |
Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
Smith Ranch | Lea County, NM | 31 BBLs | 1 MCF | Jan 2025 |
Teas Yates Unit | Lea County, NM | 19 BBLs | 0 MCF | Jan 2025 |
Tonto Federal | Lea County, NM | 404 BBLs | 2 MCF | Jan 2025 |
West Teas Yates Seven Rivers Unit | Lea County, NM | 503 BBLs | 169 MCF | Jan 2025 |
These are the closest 20 companies operating near the Gem 8705 JV-P property.