Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Sep 2024 |
| Total Oil Production | 744 BBLs |
| Total Gas Production | 247,035 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,590 *
MarketMultiple™
$1,129 **
* 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 |
|---|---|---|---|---|
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,388 MCF | Nov 2024 |
| Dee Osborne 19 | Lea County, NM | 27,118 BBLs | 85,006 MCF | Oct 2024 |
| Dolly Varden 25 24 B | Lea County, NM | 7,343 BBLs | 37,481 MCF | Oct 2024 |
| Grama Ridge 116 35 | Lea County, NM | 39,789 BBLs | 74,507 MCF | Nov 2024 |
| Gramma 27 State | Lea County, NM | 1,780 BBLs | 9,181 MCF | Oct 2024 |
| Inland 26 23 B | Lea County, NM | 27,782 BBLs | 123,898 MCF | Oct 2024 |
| Jamalberry | Lea County, NM | 461 BBLs | 1,039 MCF | Oct 2024 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee State Com | Lea County, NM | 8,327 BBLs | 15,443 MCF | Nov 2024 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 2,619 BBLs | 3,117 MCF | Oct 2024 |
| New Mexico BZ State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2008 |
| Outland 1 | Lea County, NM | 0 BBLs | 30 MCF | Oct 2024 |
| Outland State Unit | Lea County, NM | 23,168 BBLs | 35,081 MCF | Oct 2024 |
| Phillips State | Lea County, NM | 26 BBLs | 7,704 MCF | Nov 2024 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 2,072 BBLs | 4,516 MCF | Oct 2024 |
| Rebel 9 16 B | Lea County, NM | 5,875 BBLs | 8,301 MCF | Oct 2024 |
| Slick Mesa 27 State | Lea County, NM | 944 BBLs | 11,280 MCF | Oct 2024 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 2,553 MCF | Oct 2024 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.