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 - Jul 2024 |
| Total Oil Production | 56,500 BBLs |
| Total Gas Production | 38,470 MCF |
| Recent Oil Production | 42,413 BBLs in Jul 2024 |
| Recent Gas Production | 28,500 MCF in Jul 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Gong Worthy State Com
ShaleAssessment™
Not Available
MarketMultiple™
$1,965,912 **
* 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 | 17,252 BBLs | 21,476 MCF | Aug 2024 |
| Charolais 28 21 | Lea County, NM | 5,176 BBLs | 8,404 MCF | Jul 2024 |
| Cuatro Hijos Fee | Lea County, NM | 1,177 BBLs | 579 MCF | Jul 2024 |
| Espejo Federal Com | Lea County, NM | 1,299 BBLs | 1,818 MCF | Jul 2024 |
| Government | Lea County, NM | 25 BBLs | 210 MCF | Jul 2024 |
| Hefeweizen State Com | Lea County, NM | 69,440 BBLs | 75,287 MCF | Jul 2024 |
| Hereford 29 20 | Lea County, NM | 17,973 BBLs | 20,867 MCF | Jul 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 | 31 BBLs | 0 MCF | Aug 2024 |
| Perla Negra Federal Com | Lea County, NM | 19,328 BBLs | 18,209 MCF | Jul 2024 |
| Perla Verde 31 State Com | Lea County, NM | 85,025 BBLs | 76,087 MCF | Jul 2024 |
| Reddy Gulf State | Lea County, NM | 335 BBLs | 0 MCF | Aug 2024 |
| Santa Vaca 19 18 B | Lea County, NM | 57,630 BBLs | 68,426 MCF | Jul 2024 |
| Super Cobra State Com | Lea County, NM | 1,766 BBLs | 664 MCF | Jul 2024 |
| Superior | Lea County, NM | 4 BBLs | 0 MCF | Jul 2024 |
| Thunderball | Lea County, NM | 88,583 BBLs | 73,933 MCF | Jul 2024 |
| Toro 21 | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Tusk Federal | Lea County, NM | 2,392 BBLs | 1,446 MCF | Aug 2024 |
| West Pearl | Lea County, NM | 3,039 BBLs | 2,642 MCF | Aug 2024 |
These are the closest 20 companies operating near the Gong Worthy State Com property.