Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Aug 2024 |
| Total Oil Production | 744 BBLs |
| Total Gas Production | 246,966 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™
$1,633 *
MarketMultiple™
$1,839 **
* 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 |
|---|---|---|---|---|
| Bruce Keplinger 13 State Com | Lea County, NM | 1,017 BBLs | 2,478 MCF | Sep 2024 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,385 MCF | Sep 2024 |
| Dee Osborne 19 | Lea County, NM | 58,841 BBLs | 180,226 MCF | Sep 2024 |
| Dolly Varden 25 24 B | Lea County, NM | 10,844 BBLs | 52,576 MCF | Sep 2024 |
| Grama Ridge 116 35 | Lea County, NM | 45,180 BBLs | 94,078 MCF | Sep 2024 |
| Gramma 27 State | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Inland 26 23 B | Lea County, NM | 28,209 BBLs | 126,271 MCF | Sep 2024 |
| Jamalberry | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Lychee State Com | Lea County, NM | 7,366 BBLs | 12,839 MCF | Sep 2024 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 2,273 BBLs | 2,471 MCF | Sep 2024 |
| Outland 1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Outland State Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Phillips State | Lea County, NM | 0 BBLs | 595 MCF | Sep 2024 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 2,182 BBLs | 3,876 MCF | Sep 2024 |
| Rebel 9 16 B | Lea County, NM | 6,080 BBLs | 9,057 MCF | Sep 2024 |
| Slick Mesa 27 State | Lea County, NM | 1,053 BBLs | 11,561 MCF | Sep 2024 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.