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 - Nov 2024
Total Oil Production113,466 BBLs
Total Gas Production112,647 MCF
Recent Oil Production153 BBLs in Nov 2024
Recent Gas Production6 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$276 *

MarketMultiple™

$20,892 **

* 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 Nov 2024

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, NM1,893 BBLs5,350 MCFNov 2024
Barbaro StateLea County, NM397 BBLs643 MCFNov 2024
Black Jack StateLea County, NM975 BBLs958 MCFNov 2024
Central Vacuum UnitLea County, NM44,959 BBLs767,289 MCFNov 2024
Dash For CashLea County, NM1,181 BBLs1,071 MCFNov 2024
Deep JackLea County, NM560 BBLs326 MCFNov 2024
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
HooverLea County, NM570 BBLs1,299 MCFNov 2024
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Hustle StateLea County, NM4,654 BBLs2,297 MCFNov 2024
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM561 BBLs604 MCFNov 2024
New MexicoLea County, NM9,332 BBLs14,494 MCFDec 2024
Ohio StateLea County, NM1,185 BBLs3,568 MCFNov 2024
Santa FeLea County, NM550 BBLs0 MCFNov 2024
Vacuum Abo UnitLea County, NM7,994 BBLs8,259 MCFNov 2024
Vacuum GlorietaLea County, NM28,973 BBLs15,426 MCFNov 2024
Vacuum Grayburg San Andres UnitLea County, NM41,121 BBLs264,988 MCFNov 2024
Warn State AcLea County, NM1,041 BBLs4,383 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 Expl. And Prod. Inc.