Ironhouse 2

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Ironhouse 2

CountyLea County, NM
Production DatesApr 2013 - Sep 2024
Total Oil Production1,193,581 BBLs
Total Gas Production1,628,334 MCF
Recent Oil Production2,117 BBLs in Sep 2024
Recent Gas Production4,484 MCF in Sep 2024
Wells on Property7

Our Valuation Estimates for Ironhouse 2

ShaleAssessment

$138,635 *

MarketMultiple

$574,379 **

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

Based on a decimal interest

Ironhouse 2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ironhouse 2
from Apr 2013 to Sep 2024

Wells on Ironhouse 2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-40611IRONHOUSE 20 STATE COM 001Franklin Mountain Energy 3, LLCActiveLea County, NM32.726513-103.477486
30-025-40748IRONHOUSE 20 STATE 002HFranklin Mountain Energy 3, LLCActiveLea County, NM32.726513-103.473190
30-025-41163IRONHOUSE 24 STATE COM 001HFranklin Mountain Energy 3, LLCActiveLea County, NM32.726517-103.508064
30-025-41595IRONHOUSE 24 STATE COM 002HFranklin Mountain Energy 3, LLCActiveLea County, NM32.726639-103.511818
30-025-41695IRONHOUSE 24 STATE COM 003HFranklin Mountain Energy 3, LLCActiveLea County, NM32.726624-103.516068
30-025-41696IRONHOUSE 24 STATE COM 004HFranklin Mountain Energy 3, LLCActiveLea County, NM32.726608-103.520363
30-025-43581IRONHOUSE 28 BS2 STATE COM 004CMCELVAIN ENERGY, INCCancelledLea County, NM32.711944-103.468858

Leases included in Ironhouse 2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
317300IRONHOUSE 28 BS2 STATE COMMCELVAIN ENERGY, INCLea County, NM
333625IRONHOUSE 24 STATE COMFranklin Mountain Energy 3, LLCLea County, NM
333687IRONHOUSE 20 STATEFranklin Mountain Energy 3, LLCLea County, NM
333688IRONHOUSE 20 STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Operators Associated With Ironhouse 2

Nearby Properties

These are the closest 20 properties to the Ironhouse 2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Airstrip 31Lea County, NM4,110 BBLs3,666 MCFSep 2024
Albatross State ComLea County, NM1,211 BBLs1,137 MCFSep 2024
Barbaro StateLea County, NM671 BBLs702 MCFSep 2024
Belgian Blue 28 21 State ComLea County, NM74,274 BBLs41,376 MCFSep 2024
Black Jack StateLea County, NM1,021 BBLs1,457 MCFSep 2024
Butter Cup 3Lea County, NM2,011 BBLs2,946 MCFSep 2024
Condor StateLea County, NM969 BBLs2,004 MCFSep 2024
Deep JackLea County, NM517 BBLs574 MCFSep 2024
Gold State ComLea County, NM36,564 BBLs53,041 MCFSep 2024
Ironhouse 19 State ComLea County, NM1,584 BBLs3,076 MCFSep 2024
Kingfisher State ComLea County, NM1,160 BBLs830 MCFSep 2024
Lea 40Lea County, NM0 BBLs0 MCFMar 2022
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Leo StateLea County, NM561 BBLs489 MCFSep 2024
Magpie StateLea County, NM1 BBLs1 MCFSep 2024
Nighthawk State ComLea County, NM895 BBLs1,623 MCFSep 2024
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
StateLea County, NM0 BBLs0 MCFFeb 1998
Tin Cup 36 State ComLea County, NM316 BBLs565 MCFSep 2024
Yeso StateLea County, NM0 BBLs0 MCFOct 2022