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 - Jan 2025
Total Oil Production171,921 BBLs
Total Gas Production112,115 MCF
Recent Oil Production11,920 BBLs in Jan 2025
Recent Gas Production6,765 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Gong Worthy State Com

ShaleAssessment

Not Available

MarketMultiple

$3,226,865 **

* 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 Jan 2025

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
Charolais 28 21Lea County, NM7,200 BBLs13,354 MCFJan 2025
Cuatro Hijos FeeLea County, NM9 BBLs0 MCFJan 2025
Espejo Federal ComLea County, NM4,207 BBLs6,553 MCFJan 2025
GovernmentLea County, NM510 BBLs153 MCFJan 2025
Hawg FederalLea County, NM294 BBLs268 MCFJan 2025
Hefeweizen State ComLea County, NM14,746 BBLs14,222 MCFJan 2025
Hereford 29 20Lea County, NM21,002 BBLs13,836 MCFJan 2025
Lea Ap StateLea County, NM0 BBLs0 MCFMay 2024
Lea Aq StateLea County, NM0 BBLs0 MCFMay 2024
PearlLea County, NM114 BBLs0 MCFJan 2025
Perla Negra Federal ComLea County, NM12,440 BBLs13,488 MCFJan 2025
Perla Verde 31 State ComLea County, NM66,134 BBLs108,632 MCFJan 2025
Reddy Gulf StateLea County, NM217 BBLs0 MCFJan 2025
Santa Vaca 19 18 BLea County, NM50,816 BBLs66,008 MCFJan 2025
Super Cobra State ComLea County, NM1,806 BBLs647 MCFJan 2025
SuperiorLea County, NM0 BBLs0 MCFSep 2024
ThunderballLea County, NM56,680 BBLs66,205 MCFJan 2025
Toro 21Lea County, NM0 BBLs0 MCFJul 2023
Tusk FederalLea County, NM2,150 BBLs1,770 MCFJan 2025
West PearlLea County, NM3,344 BBLs2,829 MCFJan 2025

Frac'ing activity on Gong Worthy State Com

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-52327Gong Worthy State Com 601H