Hobbs N State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Hobbs N State Oil & Gas Property

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Property Summary

Key data points for Hobbs N State

CountyLea County, NM
Production DatesJan 1993 - Jan 2025
Total Oil Production113,875 BBLs
Total Gas Production112,663 MCF
Recent Oil Production206 BBLs in Jan 2025
Recent Gas Production8 MCF in Jan 2025
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$257 *

MarketMultiple™

$20,736 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Hobbs N State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hobbs N State
from Jan 1993 to Jan 2025

Wells on Hobbs N State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-03108HOBBS N STATE 001MorningStar Operating LLCTemporary AbandonmentLea County, NM32.768765-103.487259
30-025-03109HOBBS N STATE 002MorningStar Operating LLCTemporary AbandonmentLea County, NM32.768757-103.483055
30-025-26604HOBBS N STATE 005MorningStar Operating LLCActiveLea County, NM32.764202-103.472244
30-025-26825HOBBS N STATE 006TEXACO EXPLORATION & PRODUCTION INCPluggedLea County, NM32.764210-103.477608

Leases included in Hobbs N State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10966HOBBS N STATETEXACO EXPLORATION & PRODUCTION INCLea County, NM
331871HOBBS N STATEMorningStar Operating LLCLea County, NM

Operators Associated With Hobbs N State

Nearby Properties

These are the closest 20 properties to the Hobbs N State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
B Lee StateLea County, NM1,661 BBLs4,922 MCFJan 2025
Barbaro StateLea County, NM309 BBLs372 MCFJan 2025
Black Jack StateLea County, NM855 BBLs847 MCFJan 2025
Central Vacuum UnitLea County, NM48,009 BBLs842,200 MCFJan 2025
Dash For CashLea County, NM875 BBLs1,099 MCFJan 2025
Deep JackLea County, NM469 BBLs328 MCFJan 2025
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
HooverLea County, NM336 BBLs897 MCFJan 2025
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM3,689 BBLs3,350 MCFJan 2025
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM471 BBLs605 MCFJan 2025
New MexicoLea County, NM9,901 BBLs13,543 MCFJan 2025
Ohio StateLea County, NM808 BBLs2,613 MCFJan 2025
Santa FeLea County, NM520 BBLs0 MCFJan 2025
Vacuum Abo UnitLea County, NM7,024 BBLs7,005 MCFJan 2025
Vacuum GlorietaLea County, NM28,388 BBLs16,122 MCFJan 2025
Vacuum Grayburg San Andres UnitLea County, NM38,412 BBLs266,347 MCFJan 2025
Warn State AcLea County, NM0 BBLs0 MCFDec 2024
Yeso StateLea County, NM0 BBLs0 MCFOct 2022

Companies in the Area

These are the closest 20 companies operating near the Hobbs N State property.

Company Name
Apache Corporation
BXP Operating, LLC
Chevron USA Inc
Cimarex Energy Co Of Colorado
Cross Timbers Energy, LLC
Diamond S Energy Company
Dyad Petroleum Company
EOG Y Resources Inc
Exxon Mobil Corporation
Forest Oil Corporation
Ica Energy Operating, L.L.C.
Linn Operating LLC
Mack Energy Corporation
Marathon Oil Company
McElvain Energy Inc
Morningstar Operating LLC
Raybaw Operating, LLC
Robertson Resources, Inc.
Shinnery Oil Company, Inc.
Texaco Exploration And Production Inc

Frac'ing activity on Hobbs N State

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-03108Hobbs 'N' State 001
30-025-03109Hobbs `N` State 002