Grama Ridge 116 35

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Grama Ridge 116 35

CountyLea County, NM
OperatorMARATHON OIL PERMIAN LLC
Production DatesAug 2023 - Jan 2025
Total Oil Production1,170,264 BBLs
Total Gas Production2,042,386 MCF
Recent Oil Production35,216 BBLs in Jan 2025
Recent Gas Production108,481 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for Grama Ridge 116 35

ShaleAssessment

Not Available

MarketMultiple

$7,371,723 **

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

Based on a decimal interest

Grama Ridge 116 35 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Grama Ridge 116 35
from Aug 2023 to Jan 2025

Wells on Grama Ridge 116 35

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-50618GRAMA RIDGE 116 35 SB STATE COM 201HMARATHON OIL PERMIAN LLCNewLea County, NM32.441698-103.437321
30-025-50619GRAMA RIDGE 116 35 TB STATE COM 302HMARATHON OIL PERMIAN LLCNewLea County, NM32.441653-103.437239
30-025-50620GRAMA RIDGE 116 35 SB STATE COM 203HMARATHON OIL PERMIAN LLCNewLea County, NM32.441608-103.437158

Nearby Properties

These are the closest 20 properties to the Grama Ridge 116 35 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Burgundy 20005 JV-PLea County, NM0 BBLs3,236 MCFJan 2025
Chorizo 12 State ComLea County, NM25,475 BBLs75,995 MCFJan 2025
Dolly VardenLea County, NM0 BBLs0 MCFDec 2024
Dolly Varden 25 24 BLea County, NM162 BBLs74 MCFJan 2025
Eric Cartman 31 State ComLea County, NM19,784 BBLs35,502 MCFJan 2025
Getty 1 StateLea County, NM0 BBLs317 MCFJan 2025
Getty 36 State ComLea County, NM0 BBLs5,020 MCFJan 2025
Grama Ridge 23 StateLea County, NM3 BBLs556 MCFJan 2025
Grama Ridge East 34Lea County, NM15,716 BBLs50,222 MCFJan 2025
Gramma 27 StateLea County, NM0 BBLs0 MCFDec 2024
Inland 26 23 BLea County, NM20,777 BBLs94,037 MCFJan 2025
Lychee BWS State ComLea County, NM319 BBLs391 MCFJan 2025
Lychee State ComLea County, NM3,514 BBLs6,308 MCFJan 2025
New Mexico DLea County, NM19 BBLs1 MCFJan 2025
Slick Mesa 27 StateLea County, NM967 BBLs10,324 MCFJan 2025
Squeeze 2 StateLea County, NM13,479 BBLs44,439 MCFJan 2025
StateLea County, NM28 BBLs7 MCFJan 2025
Steelhead 36 25 B2Lea County, NM14,346 BBLs49,070 MCFJan 2025
Vitalizer StateLea County, NM2,131 BBLs5,902 MCFJan 2025
WilsonLea County, NM0 BBLs0 MCFAug 2023

Frac'ing activity on Grama Ridge 116 35

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-50618Grama Ridge 116 35 SB State Com 201H
30-025-50619Grama Ridge 116 35 TB State Com 302H
30-025-50620Grama Ridge 116 35 SB State Com 203H