Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Jan 2025 |
| Total Oil Production | 747 BBLs |
| Total Gas Production | 248,383 MCF |
| Recent Oil Production | 3 BBLs in Jan 2025 |
| Recent Gas Production | 556 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,529 *
MarketMultiple™
$976 **
* 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 23 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Dee Osborne 19 | Lea County, NM | 26,339 BBLs | 75,461 MCF | Jan 2025 |
| Dolly Varden 25 24 B | Lea County, NM | 162 BBLs | 74 MCF | Jan 2025 |
| Dovetail 18 7 State Com | Lea County, NM | 12,447 BBLs | 15,858 MCF | Jan 2025 |
| Grama Ridge 116 35 | Lea County, NM | 35,216 BBLs | 108,481 MCF | Feb 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 |
| Jamalberry | Lea County, NM | 603 BBLs | 1,083 MCF | Jan 2025 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| 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 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 2,866 BBLs | 3,745 MCF | Jan 2025 |
| Outland 1 | Lea County, NM | 140,907 BBLs | 274,260 MCF | Jan 2025 |
| Outland 14 23 State Com 2BS | Lea County, NM | 1,313 BBLs | 1,988 MCF | Jan 2025 |
| Outland State Unit | Lea County, NM | 23,923 BBLs | 39,120 MCF | Jan 2025 |
| Phillips State | Lea County, NM | 20 BBLs | 6,636 MCF | Feb 2025 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,914 BBLs | 4,247 MCF | Jan 2025 |
| Slick Mesa 27 State | Lea County, NM | 967 BBLs | 10,324 MCF | Feb 2025 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 2,324 MCF | Jan 2025 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.