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 - Oct 2024
Total Oil Production113,313 BBLs
Total Gas Production112,641 MCF
Recent Oil Production157 BBLs in Oct 2024
Recent Gas Production7 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$289 *

MarketMultiple™

$20,832 **

* 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 Oct 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, NM1,661 BBLs4,668 MCFOct 2024
Barbaro StateLea County, NM496 BBLs641 MCFOct 2024
Black Jack StateLea County, NM527 BBLs824 MCFOct 2024
Central Vacuum UnitLea County, NM46,918 BBLs857,216 MCFOct 2024
Dash For CashLea County, NM836 BBLs712 MCFOct 2024
Deep JackLea County, NM311 BBLs273 MCFOct 2024
East Vacuum (Gsa) UnitLea County, NM73,791 BBLs1,066,933 MCFOct 2024
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
HooverLea County, NM642 BBLs1,682 MCFOct 2024
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM445 BBLs554 MCFOct 2024
New MexicoLea County, NM9,202 BBLs13,943 MCFNov 2024
Ohio StateLea County, NM810 BBLs2,942 MCFOct 2024
Santa FeLea County, NM576 BBLs23 MCFOct 2024
Vacuum Abo UnitLea County, NM7,942 BBLs8,432 MCFOct 2024
Vacuum GlorietaLea County, NM28,678 BBLs17,639 MCFOct 2024
Vacuum Grayburg San Andres UnitLea County, NM41,372 BBLs263,934 MCFOct 2024
Warn State AcLea County, NM918 BBLs3,987 MCFNov 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
Contango Resources LLC
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
Robertson Resources, Inc.
Shinnery Oil Company, Inc.
Texaco Expl. And Prod. Inc.