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 - Sep 2024
Total Oil Production113,156 BBLs
Total Gas Production112,609 MCF
Recent Oil Production149 BBLs in Sep 2024
Recent Gas Production6 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Hobbs N State

ShaleAssessment™

$299 *

MarketMultiple™

$20,835 **

* 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 Sep 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 BBLs4,552 MCFOct 2024
Barbaro StateLea County, NM671 BBLs702 MCFOct 2024
Black Jack StateLea County, NM1,021 BBLs1,457 MCFOct 2024
Central Vacuum UnitLea County, NM46,215 BBLs846,925 MCFSep 2024
Dash For CashLea County, NM1,278 BBLs888 MCFOct 2024
Deep JackLea County, NM517 BBLs574 MCFOct 2024
East Vacuum (Gsa) UnitLea County, NM66,546 BBLs998,996 MCFSep 2024
Gulf StateLea County, NM0 BBLs0 MCFJan 2022
HooverLea County, NM750 BBLs1,677 MCFSep 2024
Hour Glass ALea County, NM0 BBLs0 MCFJan 2020
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Leo StateLea County, NM561 BBLs489 MCFOct 2024
New MexicoLea County, NM9,235 BBLs14,117 MCFOct 2024
Ohio StateLea County, NM1,448 BBLs3,295 MCFOct 2024
Santa FeLea County, NM488 BBLs206 MCFSep 2024
Vacuum Abo UnitLea County, NM8,157 BBLs2,076 MCFSep 2024
Vacuum GlorietaLea County, NM25,066 BBLs12,588 MCFSep 2024
Vacuum Grayburg San Andres UnitLea County, NM39,619 BBLs265,938 MCFSep 2024
Warn State AcLea County, NM996 BBLs4,059 MCFOct 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.