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 - Feb 2025 |
| Total Oil Production | 185,635 BBLs |
| Total Gas Production | 120,599 MCF |
| Recent Oil Production | 11,920 BBLs in Jan 2025 |
| Recent Gas Production | 6,765 MCF in Jan 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Gong Worthy State Com
ShaleAssessment™
Not Available
MarketMultiple™
$3,045,313 **
* 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 |
|---|---|---|---|---|
| Charolais 28 21 | Lea County, NM | 7,200 BBLs | 13,354 MCF | Jan 2025 |
| Cuatro Hijos Fee | Lea County, NM | 9 BBLs | 0 MCF | Jan 2025 |
| Espejo Federal Com | Lea County, NM | 4,207 BBLs | 6,553 MCF | Jan 2025 |
| Government | Lea County, NM | 510 BBLs | 153 MCF | Jan 2025 |
| Hawg Federal | Lea County, NM | 294 BBLs | 268 MCF | Feb 2025 |
| Hefeweizen State Com | Lea County, NM | 14,746 BBLs | 14,222 MCF | Feb 2025 |
| Hereford 29 20 | Lea County, NM | 21,002 BBLs | 13,836 MCF | Jan 2025 |
| 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 | 114 BBLs | 0 MCF | Feb 2025 |
| Perla Negra Federal Com | Lea County, NM | 12,440 BBLs | 13,488 MCF | Jan 2025 |
| Perla Verde 31 State Com | Lea County, NM | 66,134 BBLs | 108,632 MCF | Jan 2025 |
| Reddy Gulf State | Lea County, NM | 217 BBLs | 0 MCF | Feb 2025 |
| Santa Vaca 19 18 B | Lea County, NM | 50,816 BBLs | 66,008 MCF | Jan 2025 |
| Super Cobra State Com | Lea County, NM | 1,806 BBLs | 647 MCF | Jan 2025 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Thunderball | Lea County, NM | 56,680 BBLs | 66,205 MCF | Jan 2025 |
| Toro 21 | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Tusk Federal | Lea County, NM | 2,150 BBLs | 1,770 MCF | Feb 2025 |
| West Pearl | Lea County, NM | 3,344 BBLs | 2,829 MCF | Feb 2025 |
These are the closest 20 companies operating near the Gong Worthy State Com property.