Oil & Gas Property in Lea County, NM
Key data points for Gong Worthy State Com
| County | Lea County, NM |
|---|---|
| Operator | MARATHON OIL PERMIAN LLC |
| Production Dates | Jun 2024 - Dec 2024 |
| Total Oil Production | 160,001 BBLs |
| Total Gas Production | 105,350 MCF |
| Recent Oil Production | 16,954 BBLs in Nov 2024 |
| Recent Gas Production | 9,526 MCF in Nov 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Gong Worthy State Com
ShaleAssessment™
Not Available
MarketMultiple™
$3,448,649 **
* 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 Gong Worthy State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Angry Angus 32 State Com | Lea County, NM | 11,142 BBLs | 16,233 MCF | Dec 2024 |
| Charolais 28 21 | Lea County, NM | 4,648 BBLs | 5,845 MCF | Nov 2024 |
| Cuatro Hijos Fee | Lea County, NM | 1,115 BBLs | 553 MCF | Dec 2024 |
| Espejo Federal Com | Lea County, NM | 7,453 BBLs | 7,335 MCF | Dec 2024 |
| Government | Lea County, NM | 627 BBLs | 216 MCF | Dec 2024 |
| Hefeweizen State Com | Lea County, NM | 35,359 BBLs | 37,570 MCF | Dec 2024 |
| Hereford 29 20 | Lea County, NM | 5,296 BBLs | 6,185 MCF | Nov 2024 |
| Lea Ap State | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Lea Aq State | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Pearl | Lea County, NM | 106 BBLs | 0 MCF | Dec 2024 |
| Perla Negra Federal Com | Lea County, NM | 14,090 BBLs | 19,157 MCF | Dec 2024 |
| Perla Verde 31 State Com | Lea County, NM | 77,582 BBLs | 92,904 MCF | Dec 2024 |
| Reddy Gulf State | Lea County, NM | 361 BBLs | 0 MCF | Dec 2024 |
| Santa Vaca 19 18 B | Lea County, NM | 60,165 BBLs | 81,323 MCF | Nov 2024 |
| Super Cobra State Com | Lea County, NM | 1,630 BBLs | 802 MCF | Dec 2024 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Thunderball | Lea County, NM | 69,466 BBLs | 76,763 MCF | Nov 2024 |
| Toro 21 | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Tusk Federal | Lea County, NM | 4,496 BBLs | 3,389 MCF | Dec 2024 |
| West Pearl | Lea County, NM | 4,189 BBLs | 3,671 MCF | Dec 2024 |
These are the closest 20 companies operating near the Gong Worthy State Com property.