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 - Nov 2024
Total Oil Production144,016 BBLs
Total Gas Production95,900 MCF
Recent Oil Production21,149 BBLs in Oct 2024
Recent Gas Production13,342 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Gong Worthy State Com

ShaleAssessment

Not Available

MarketMultiple

$3,664,899 **

* 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 Nov 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 LLCActiveLea 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, NM12,822 BBLs16,704 MCFOct 2024
Charolais 28 21Lea County, NM4,258 BBLs7,239 MCFOct 2024
Cuatro Hijos FeeLea County, NM1,262 BBLs646 MCFOct 2024
Espejo Federal ComLea County, NM5,795 BBLs5,720 MCFOct 2024
GovernmentLea County, NM470 BBLs213 MCFOct 2024
Hefeweizen State ComLea County, NM44,792 BBLs46,298 MCFNov 2024
Hereford 29 20Lea County, NM18,789 BBLs18,843 MCFOct 2024
Lea Ap StateLea County, NM0 BBLs0 MCFMay 2024
Lea Aq StateLea County, NM0 BBLs0 MCFMay 2024
PearlLea County, NM123 BBLs0 MCFNov 2024
Perla Negra Federal ComLea County, NM14,089 BBLs17,127 MCFOct 2024
Perla Verde 31 State ComLea County, NM76,765 BBLs85,113 MCFOct 2024
Reddy Gulf StateLea County, NM367 BBLs0 MCFNov 2024
Santa Vaca 19 18 BLea County, NM58,395 BBLs79,757 MCFOct 2024
Super Cobra State ComLea County, NM1,552 BBLs891 MCFOct 2024
SuperiorLea County, NM0 BBLs0 MCFSep 2024
ThunderballLea County, NM67,573 BBLs69,566 MCFOct 2024
Toro 21Lea County, NM0 BBLs0 MCFJul 2023
Tusk FederalLea County, NM3,757 BBLs3,096 MCFNov 2024
West PearlLea County, NM4,828 BBLs4,353 MCFNov 2024