Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 116 35
| County | Lea County, NM |
|---|---|
| Operator | MARATHON OIL PERMIAN LLC |
| Production Dates | Aug 2023 - Feb 2025 |
| Total Oil Production | 1,195,617 BBLs |
| Total Gas Production | 2,126,461 MCF |
| Recent Oil Production | 35,216 BBLs in Jan 2025 |
| Recent Gas Production | 108,481 MCF in Jan 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$6,749,376 **
* 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 Grama Ridge 116 35 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,236 MCF | Feb 2025 |
| Chorizo 12 State Com | Lea County, NM | 25,475 BBLs | 75,995 MCF | Jan 2025 |
| Dolly Varden | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Dolly Varden 25 24 B | Lea County, NM | 162 BBLs | 74 MCF | Jan 2025 |
| Eric Cartman 31 State Com | Lea County, NM | 19,784 BBLs | 35,502 MCF | Jan 2025 |
| Getty 1 State | Lea County, NM | 0 BBLs | 317 MCF | Jan 2025 |
| Getty 36 State Com | Lea County, NM | 0 BBLs | 5,020 MCF | Feb 2025 |
| Grama Ridge 23 State | Lea County, NM | 3 BBLs | 556 MCF | Jan 2025 |
| Grama Ridge East 34 | Lea County, NM | 15,716 BBLs | 50,222 MCF | Jan 2025 |
| Gramma 27 State | Lea County, NM | 1,762 BBLs | 9,011 MCF | Jan 2025 |
| Inland 26 23 B | Lea County, NM | 20,777 BBLs | 94,037 MCF | Jan 2025 |
| Lychee BWS State Com | Lea County, NM | 319 BBLs | 391 MCF | Jan 2025 |
| Lychee State Com | Lea County, NM | 3,514 BBLs | 6,308 MCF | Feb 2025 |
| New Mexico D | Lea County, NM | 19 BBLs | 1 MCF | Jan 2025 |
| Slick Mesa 27 State | Lea County, NM | 967 BBLs | 10,324 MCF | Feb 2025 |
| Squeeze 2 State | Lea County, NM | 13,479 BBLs | 44,439 MCF | Jan 2025 |
| State | Lea County, NM | 28 BBLs | 7 MCF | Jan 2025 |
| Steelhead 36 25 B2 | Lea County, NM | 14,346 BBLs | 49,070 MCF | Jan 2025 |
| Vitalizer State | Lea County, NM | 2,131 BBLs | 5,902 MCF | Jan 2025 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.