Grama Ridge 116 35

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Grama Ridge 116 35 Oil & Gas Property

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Property Summary

Key data points for Grama Ridge 116 35

CountyLea County, NM
OperatorMARATHON OIL PERMIAN LLC
Production DatesAug 2023 - Oct 2024
Total Oil Production1,047,176 BBLs
Total Gas Production1,703,198 MCF
Recent Oil Production39,789 BBLs in Oct 2024
Recent Gas Production74,507 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for Grama Ridge 116 35

ShaleAssessment™

Not Available

MarketMultiple™

$8,920,177 **

* 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 Oct 2024

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 BBLs3,388 MCFOct 2024
Chorizo 12 State ComLea County, NM25,492 BBLs75,488 MCFOct 2024
Dolly VardenLea County, NM3,316 BBLs3,846 MCFOct 2024
Dolly Varden 25 24 BLea County, NM7,343 BBLs37,481 MCFOct 2024
Eric Cartman 31 State ComLea County, NM18,839 BBLs28,531 MCFOct 2024
Getty 1 StateLea County, NM0 BBLs0 MCFSep 2024
Getty 36 State ComLea County, NM0 BBLs38 MCFOct 2024
Grama Ridge 23 StateLea County, NM0 BBLs0 MCFSep 2024
Grama Ridge East 34Lea County, NM15,257 BBLs69,966 MCFOct 2024
Gramma 27 StateLea County, NM1,780 BBLs9,181 MCFOct 2024
Inland 26 23 BLea County, NM27,782 BBLs123,898 MCFOct 2024
Lychee State ComLea County, NM8,327 BBLs15,443 MCFOct 2024
New Mexico BZ StateLea County, NM0 BBLs0 MCFJun 2008
New Mexico DLea County, NM3 BBLs7,654 MCFOct 2024
Slick Mesa 27 StateLea County, NM944 BBLs11,280 MCFOct 2024
Squeeze 2 StateLea County, NM18,307 BBLs57,377 MCFOct 2024
StateLea County, NM0 BBLs17 MCFOct 2024
Steelhead 36 25 B2Lea County, NM8,361 BBLs31,080 MCFOct 2024
Vitalizer StateLea County, NM2,964 BBLs7,221 MCFOct 2024
WilsonLea County, NM0 BBLs0 MCFAug 2023

Companies in the Area

These are the closest 20 companies operating near the Grama Ridge 116 35 property.

Company Name
Bta Oil Producers
Bta Oil Producers, LLC
Caza Operating, LLC
Chisholm Energy Operating, LLC
Cimarex Energy Co. Of Colorado
COG Operating LLC
Devon Energy Operating Co., L.P.
Earthstone Operating, LLC
Extex Operating Company
Fulfer Oil & Cattle LLC
Great Western Onshore Inc
Hal J Rasmussen Oper Inc
Jay Management Company LLC
John H Hendrix Corp
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Mewbourne Oil Company
Permian Resources Operating, LLC
Raybaw Operating, LLC
V-F Petroleum Inc.

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