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 - Dec 2024 |
Total Oil Production | 1,135,048 BBLs |
Total Gas Production | 1,933,905 MCF |
Recent Oil Production | 45,841 BBLs in Nov 2024 |
Recent Gas Production | 118,480 MCF in Nov 2024 |
Wells on Property | 3 |
Our Valuation Estimates for Grama Ridge 116 35
ShaleAssessment™
Not Available
MarketMultiple™
$8,212,592 **
* 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 | 33 BBLs | 2,339 MCF | Dec 2024 |
Chorizo 12 State Com | Lea County, NM | 27,319 BBLs | 94,441 MCF | Nov 2024 |
Dolly Varden | Lea County, NM | 73 BBLs | 0 MCF | Nov 2024 |
Dolly Varden 25 24 B | Lea County, NM | 9,388 BBLs | 32,739 MCF | Nov 2024 |
Eric Cartman 31 State Com | Lea County, NM | 20,230 BBLs | 29,920 MCF | Nov 2024 |
Getty 1 State | Lea County, NM | 0 BBLs | 298 MCF | Nov 2024 |
Getty 36 State Com | Lea County, NM | 0 BBLs | 36 MCF | Dec 2024 |
Grama Ridge 23 State | Lea County, NM | 0 BBLs | 283 MCF | Nov 2024 |
Grama Ridge East 34 | Lea County, NM | 10,906 BBLs | 47,941 MCF | Nov 2024 |
Gramma 27 State | Lea County, NM | 1,639 BBLs | 7,747 MCF | Nov 2024 |
Inland 26 23 B | Lea County, NM | 18,789 BBLs | 84,617 MCF | Nov 2024 |
Lychee BWS State Com | Lea County, NM | 1,861 BBLs | 2,171 MCF | Dec 2024 |
Lychee State Com | Lea County, NM | 9,157 BBLs | 19,700 MCF | Dec 2024 |
New Mexico D | Lea County, NM | 14 BBLs | 403 MCF | Dec 2024 |
Slick Mesa 27 State | Lea County, NM | 1,160 BBLs | 11,614 MCF | Dec 2024 |
Squeeze 2 State | Lea County, NM | 15,822 BBLs | 47,384 MCF | Nov 2024 |
State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
Steelhead 36 25 B2 | Lea County, NM | 184 BBLs | 0 MCF | Nov 2024 |
Vitalizer State | Lea County, NM | 2,787 BBLs | 6,352 MCF | Nov 2024 |
Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
These are the closest 20 companies operating near the Grama Ridge 116 35 property.