Oil & Gas Property in Lea County, NM
Key data points for Hearns 34 State
| County | Lea County, NM |
|---|---|
| Operator | EOG RESOURCES INC |
| Production Dates | Sep 2017 - Oct 2024 |
| Total Oil Production | 7,247,592 BBLs |
| Total Gas Production | 18,411,192 MCF |
| Recent Oil Production | 36,997 BBLs in Oct 2024 |
| Recent Gas Production | 114,198 MCF in Oct 2024 |
| Wells on Property | 17 |
Our Valuation Estimates for Hearns 34 State
ShaleAssessment™
$1,008,317 *
MarketMultiple™
$4,598,940 **
* 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 Hearns 34 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antietam 9 Federal | Lea County, NM | 199,417 BBLs | 1,590,458 MCF | Oct 2024 |
| Bell Lake | Lea County, NM | 0 BBLs | 0 MCF | Aug 2016 |
| Caravan B | Lea County, NM | 6,973 BBLs | 16,021 MCF | Oct 2024 |
| Convoy Buc State | Lea County, NM | 2,379 BBLs | 4,820 MCF | Oct 2024 |
| Dragon 36 State | Lea County, NM | 5,412 BBLs | 30,334 MCF | Oct 2024 |
| Durango 2 State | Lea County, NM | 51,091 BBLs | 296,910 MCF | Oct 2024 |
| Falcon 25 Federal | Lea County, NM | 25,370 BBLs | 114,751 MCF | Oct 2024 |
| Falcon 36 Federal Com | Lea County, NM | 21,514 BBLs | 101,202 MCF | Oct 2024 |
| Frazier 27 State Com | Lea County, NM | 28,918 BBLs | 481,879 MCF | Oct 2024 |
| Frazier 34 State Com | Lea County, NM | 4,144 BBLs | 12,531 MCF | Oct 2024 |
| Hawk 25 Federal | Lea County, NM | 958 BBLs | 431 MCF | Oct 2024 |
| Hawk 26 Federal | Lea County, NM | 8,865 BBLs | 38,835 MCF | Oct 2024 |
| Hawk 35 Federal | Lea County, NM | 193,641 BBLs | 1,483,160 MCF | Oct 2024 |
| Hearns 27 State | Lea County, NM | 3,356 BBLs | 12,795 MCF | Oct 2024 |
| Lacey Swiss 1 Federal Com | Lea County, NM | 71,919 BBLs | 243,831 MCF | Oct 2024 |
| Madera Ridge 2 | Lea County, NM | 0 BBLs | 0 MCF | May 2019 |
| Monet Federal Com | Lea County, NM | 17,687 BBLs | 53,933 MCF | Nov 2024 |
| Red Hills 11 25 33 Federal Com | Lea County, NM | 867 BBLs | 7,929 MCF | Oct 2024 |
| Red Hills 2 25 33 | Lea County, NM | 7,754 BBLs | 12,250 MCF | Oct 2024 |
| Triste Draw | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
These are the closest 20 companies operating near the Hearns 34 State property.