Oil & Gas Property in Lea County, NM
Key data points for Grama Ridge State Com
| County | Lea County, NM |
|---|---|
| Operator | PRIDE ENERGY COMPANY |
| Production Dates | Feb 2024 - Jan 2025 |
| Total Oil Production | 824,263 BBLs |
| Total Gas Production | 969,693 MCF |
| Recent Oil Production | 76,076 BBLs in Jan 2025 |
| Recent Gas Production | 220,527 MCF in Jan 2025 |
| Wells on Property | 9 |
Our Valuation Estimates for Grama Ridge State Com
ShaleAssessment™
Not Available
MarketMultiple™
$10,582,867 **
* 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 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Asadero 3 State Com | Lea County, NM | 8,891 BBLs | 4,670 MCF | Jan 2025 |
| Asadero State Com | Lea County, NM | 451 BBLs | 485 MCF | Jan 2025 |
| Avocado Bro State | Lea County, NM | 660 BBLs | 1,374 MCF | Jan 2025 |
| Cast Away 6 B2BW State Com Unit | Lea County, NM | 749 BBLs | 1,699 MCF | Jan 2025 |
| Hunt Apo State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2024 |
| La Trucha 6 B1CV State Com | Lea County, NM | 1,139 BBLs | 13,802 MCF | Jan 2025 |
| Lookin Good 34 State Com | Lea County, NM | 2,189 BBLs | 4,509 MCF | Feb 2025 |
| Lost Mine 22302 26 23 Fed Com | Lea County, NM | 26,876 BBLs | 22,674 MCF | Feb 2025 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Morpheus 25 36 State Com | Lea County, NM | 11,208 BBLs | 19,385 MCF | Jan 2025 |
| Outland State Unit | Lea County, NM | 23,923 BBLs | 39,120 MCF | Jan 2025 |
| Outland Wca State Unit 11 2 | Lea County, NM | 2,901 BBLs | 29,589 MCF | Jan 2025 |
| Papaya 10 State | Lea County, NM | 1,204 BBLs | 48 MCF | Jan 2025 |
| Ranger 33 State Com | Lea County, NM | 2,212 BBLs | 1,771 MCF | Jan 2025 |
| Ranger State 33 20 35 RN | Lea County, NM | 840 BBLs | 1,221 MCF | Jan 2025 |
| Rebel 9 16 B | Lea County, NM | 5,722 BBLs | 7,917 MCF | Jan 2025 |
| Sitka Bsi State Com | Lea County, NM | 361 BBLs | 202 MCF | Feb 2025 |
| Southeast Lea Unit | Lea County, NM | 22 BBLs | 1,684 MCF | Jan 2025 |
| Uncle Ches 21 16 Federal Com | Lea County, NM | 17,235 BBLs | 14,560 MCF | Jan 2025 |
| Woody 22 Federal Com | Lea County, NM | 39,977 BBLs | 60,971 MCF | Jan 2025 |
These are the closest 20 companies operating near the Grama Ridge State Com property.