Good State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Good State Oil & Gas Property

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Property Summary

Key data points for Good State

CountyLea County, NM
Production DatesJan 1993 - Feb 2025
Total Oil Production66,569 BBLs
Total Gas Production83,721 MCF
Recent Oil Production2 BBLs in Feb 2025
Recent Gas Production0 MCF in Feb 2025
Wells on Property2

Our Valuation Estimates for Good State

ShaleAssessment™

$4,756 *

MarketMultiple™

$23,578 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Good State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Good State
from Jan 1993 to Feb 2025

Wells on Good State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-28538GOOD STATE 001Atlas Operating LLCActiveLea County, NM33.160870-103.690514
30-025-28687GOOD STATE COM 002SAGA PETROLEUM LIMITED LIABILITY CO.PluggedLea County, NM33.153614-103.690498

Leases included in Good State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
20293GOOD STATE COMSAGA PETROLEUM LIMITED LIABILITY CO.Lea County, NM
336473GOOD STATEAtlas Operating LLCLea County, NM

Operators Associated With Good State

Nearby Properties

These are the closest 20 properties to the Good State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aztec SP State ComLea County, NM0 BBLs0 MCFNov 2023
Aztec StateLea County, NM0 BBLs0 MCFSep 1995
Baum StateLea County, NM0 BBLs0 MCFSep 2018
Dove VK StateLea County, NM255 BBLs517 MCFFeb 2025
Federal 2Lea County, NM0 BBLs0 MCFJun 2002
Good Hands 15 StateLea County, NM0 BBLs0 MCFDec 2022
Hanladdie WR StateLea County, NM0 BBLs0 MCFDec 2024
Incredible Hulk 26 State ComLea County, NM10 BBLs37 MCFFeb 2025
Lea VF StateLea County, NM0 BBLs0 MCFApr 1994
Mesa Aaf StateLea County, NM287 BBLs1,401 MCFFeb 2025
New Mexico ALea County, NM0 BBLs0 MCFMar 2023
North BaumLea County, NM0 BBLs0 MCFApr 2002
North Caprock Queen UnitLea County, NM0 BBLs0 MCFFeb 1998
Pyro Abk StateLea County, NM0 BBLs0 MCFAug 2016
Rock Queen UnitChaves County, NM0 BBLs0 MCFOct 2023
SaundersLea County, NM0 BBLs0 MCFAug 2017
StateLea County, NM827 BBLs106 MCFFeb 2025
StateLea County, NM185 BBLs263 MCFMar 2025
Tulk VV StateLea County, NM0 BBLs0 MCFMar 2024
Woodpecker Sy StateLea County, NM0 BBLs0 MCFDec 2007

Companies in the Area

These are the closest 20 companies operating near the Good State property.

Company Name
Acacia Operating Company, LLC
Canyon E & P Company
Celero Energy II, LP
COG Operating LLC
Crownquest Operating, LLC
El Paso Production Oil & Gas Co.
EOG Y Resources Inc
Extex Operating Company
Foundation Energy Management, LLC
G & G Oil And Gas, LLC
J R Oil, LTD. Co.
Legacy Reserves Operating LP
Marks And Garner Production LTD Co
Murphy Operating Corp
MWJ Producing Company
Northland Operating Company
Oxy USA Inc
Read & Stevens, Inc.
Remnant Oil Operating, LLC
Saguaro Petroleum, LLC