Good State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Good State

CountyLea County, NM
OperatorSAGA PETROLEUM LIMITED LIABILITY CO.
Production DatesJan 1993 - Sep 2024
Total Oil Production66,300 BBLs
Total Gas Production83,721 MCF
Recent Oil Production143 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Good State

ShaleAssessment

$5,186 *

MarketMultiple

$24,643 **

* 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 Sep 2024

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

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, NM296 BBLs848 MCFOct 2024
Federal 2Lea County, NM0 BBLs0 MCFJun 2002
Good Hands 15 StateLea County, NM0 BBLs0 MCFDec 2022
Hanladdie WR StateLea County, NM14 BBLs211 MCFOct 2024
Incredible Hulk 26 State ComLea County, NM10 BBLs24 MCFSep 2024
Lea VF StateLea County, NM0 BBLs0 MCFApr 1994
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, NM857 BBLs509 MCFOct 2024
StateLea County, NM107 BBLs0 MCFSep 2024
Swan VB StateLea County, NM0 BBLs0 MCFSep 2004
Tulk VV StateLea County, NM0 BBLs0 MCFMar 2024
Woodpecker Sy StateLea County, NM0 BBLs0 MCFDec 2007