Gong Worthy State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Gong Worthy State Com

CountyLea County, NM
OperatorMARATHON OIL PERMIAN LLC
Production DatesJun 2024 - Sep 2024
Total Oil Production105,913 BBLs
Total Gas Production73,032 MCF
Recent Oil Production23,047 BBLs in Sep 2024
Recent Gas Production14,937 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Gong Worthy State Com

ShaleAssessment

Not Available

MarketMultiple

$3,920,068 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gong Worthy State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gong Worthy State Com
from Jun 2024 to Sep 2024

Wells on Gong Worthy State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-52327GONG WORTHY STATE COM 601HMARATHON OIL PERMIAN LLCNewLea County, NM32.638059-103.492372

Leases included in Gong Worthy State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
334815GONG WORTHY STATE COMMARATHON OIL PERMIAN LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Gong Worthy State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angry Angus 32 State ComLea County, NM16,249 BBLs18,118 MCFSep 2024
Charolais 28 21Lea County, NM8,087 BBLs12,874 MCFSep 2024
Cuatro Hijos FeeLea County, NM1,199 BBLs610 MCFSep 2024
Espejo Federal ComLea County, NM3,348 BBLs4,191 MCFSep 2024
GovernmentLea County, NM321 BBLs204 MCFSep 2024
Hefeweizen State ComLea County, NM53,514 BBLs54,703 MCFSep 2024
Hereford 29 20Lea County, NM10,538 BBLs7,818 MCFSep 2024
Lea Ap StateLea County, NM0 BBLs0 MCFMay 2024
Lea Aq StateLea County, NM0 BBLs0 MCFMay 2024
PearlLea County, NM111 BBLs0 MCFSep 2024
Perla Negra Federal ComLea County, NM14,594 BBLs16,108 MCFSep 2024
Perla Verde 31 State ComLea County, NM105,749 BBLs115,620 MCFSep 2024
Reddy Gulf StateLea County, NM368 BBLs0 MCFSep 2024
Santa Vaca 19 18 BLea County, NM61,230 BBLs65,491 MCFSep 2024
Super Cobra State ComLea County, NM1,067 BBLs511 MCFSep 2024
SuperiorLea County, NM2 BBLs4 MCFSep 2024
ThunderballLea County, NM0 BBLs0 MCFAug 2024
Toro 21Lea County, NM0 BBLs0 MCFJul 2023
Tusk FederalLea County, NM3,801 BBLs2,599 MCFSep 2024
West PearlLea County, NM5,206 BBLs4,473 MCFSep 2024