Hobbs

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Hobbs

CountyLea County, NM
Production DatesJan 1993 - Aug 2024
Total Oil Production494,560 BBLs
Total Gas Production1,363,731 MCF
Recent Oil Production973 BBLs in Aug 2024
Recent Gas Production1,332 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Hobbs

ShaleAssessment™

$52,365 *

MarketMultiple™

$136,630 **

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

Based on a decimal interest

Hobbs Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hobbs
from Jan 1993 to Aug 2024

Wells on Hobbs

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-06159HOBBS 001WARREN AMERICAN OIL COActiveLea County, NM32.571339-103.292893
30-025-06160HOBBS 002WARREN AMERICAN OIL COActiveLea County, NM32.571346-103.297180
30-025-06161HOBBS 003WARREN AMERICAN OIL COActiveLea County, NM32.567715-103.297180
30-025-06162HOBBS 004WARREN AMERICAN OIL COActiveLea County, NM32.567711-103.292893
30-025-33536HOBBS 005WARREN AMERICAN OIL COActiveLea County, NM32.571343-103.293961

Leases included in Hobbs

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
26840HOBBSWARREN AMERICAN OIL COLea County, NM
303903HOBBSENERVEST OPERATING L.L.C.Lea County, NM

Operators Associated With Hobbs

Nearby Properties

These are the closest 20 properties to the Hobbs property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alaska CooperLea County, NM0 BBLs397 MCFSep 2024
AndersonLea County, NM0 BBLs0 MCFMay 2003
BarberLea County, NM0 BBLs43 MCFAug 2024
Barber FederalLea County, NM0 BBLs0 MCFMay 2016
Bertha J BarberLea County, NM0 BBLs0 MCFApr 2019
Bertie WhitmireLea County, NM243 BBLs1,501 MCFAug 2024
BrittLea County, NM778 BBLs15,723 MCFAug 2024
Gillully FederalLea County, NM0 BBLs962 MCFAug 2024
H T Orcutt NCT D ComLea County, NM0 BBLs350 MCFAug 2024
H W AndrewsLea County, NM2,281 BBLs4,260 MCFAug 2024
MexicoLea County, NM0 BBLs1,143 MCFAug 2024
New MexicoLea County, NM185 BBLs701 MCFAug 2024
Quapaw ComLea County, NM185 BBLs718 MCFAug 2024
R R Bell NCT G ComLea County, NM0 BBLs897 MCFAug 2024
SandersonLea County, NM0 BBLs0 MCFOct 2022
Skelly F State ComLea County, NM0 BBLs0 MCFMar 2024
T AndersonLea County, NM0 BBLs0 MCFMar 2023
Theodore AndersonLea County, NM69 BBLs1,326 MCFAug 2024
W P ByrdLea County, NM152 BBLs2,796 MCFAug 2024
W P Byrd BatteryLea County, NM1,102 BBLs208 MCFAug 2024

Companies in the Area

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

Company Name
Apache Corporation
Arco Permian
Burgundy Oil & Gas Of N M Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Conoco Inc.
ConocoPhillips Company
Empire New Mexico LLC
Enervest Operating LLC
Extex Operating Company
Forty Acres Energy, LLC
Hess Corporation
J R Oil, LTD. Co.
John H Hendrix Corp
Legacy Reserves Operating LP
Occidental Permian LTD.
Penroc Oil Corp.
Southwest Royalties Inc
Texaco Expl. And Prod. Inc.
Three Rivers Operating Co LLC