Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge 23 State
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2001 - Nov 2024 |
| Total Oil Production | 744 BBLs |
| Total Gas Production | 247,318 MCF |
| Recent Oil Production | 0 BBLs in Nov 2024 |
| Recent Gas Production | 283 MCF in Nov 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Grama Ridge 23 State
ShaleAssessment™
$1,569 *
MarketMultiple™
$958 **
* 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 | 44,913 BBLs | 111,105 MCF | Dec 2024 |
| Dolly Varden 25 24 B | Lea County, NM | 9,388 BBLs | 32,739 MCF | Nov 2024 |
| Grama Ridge 116 35 | Lea County, NM | 45,841 BBLs | 118,480 MCF | Dec 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 |
| Jamalberry | Lea County, NM | 252 BBLs | 510 MCF | Nov 2024 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| 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 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Monk 21 State | Lea County, NM | 2,915 BBLs | 3,281 MCF | Dec 2024 |
| Outland 1 | Lea County, NM | 35,279 BBLs | 73,052 MCF | Nov 2024 |
| Outland 14 23 State Com 2BS | Lea County, NM | 450 BBLs | 2,742 MCF | Nov 2024 |
| Outland State Unit | Lea County, NM | 23,265 BBLs | 37,949 MCF | Nov 2024 |
| Phillips State | Lea County, NM | 20 BBLs | 6,564 MCF | Dec 2024 |
| Rebel 16 9 B2oj State Com | Lea County, NM | 1,904 BBLs | 3,098 MCF | Nov 2024 |
| Rebel 9 16 B | Lea County, NM | 5,350 BBLs | 6,880 MCF | Nov 2024 |
| Slick Mesa 27 State | Lea County, NM | 1,160 BBLs | 11,614 MCF | Dec 2024 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 2,418 MCF | Nov 2024 |
These are the closest 20 companies operating near the Grama Ridge 23 State property.