Oil & Gas Property in Lea County, NM
Key data points for Korczak Federal
| County | Lea County, NM |
|---|---|
| Operator | RAYBAW OPERATING, LLC |
| Production Dates | Apr 2005 - Feb 2025 |
| Total Oil Production | 195,177 BBLs |
| Total Gas Production | 717,862 MCF |
| Recent Oil Production | 224 BBLs in Feb 2025 |
| Recent Gas Production | 4,813 MCF in Feb 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Korczak Federal
ShaleAssessment™
$26,198 *
MarketMultiple™
$53,261 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Korczak Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Amoco 21 Federal | Lea County, NM | 584 BBLs | 80 MCF | Feb 2025 |
| Bonanza Federal | Lea County, NM | 11 BBLs | 0 MCF | Feb 2025 |
| Bondurant Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Diamondback 2 | Lea County, NM | 8,166 BBLs | 14,104 MCF | Feb 2025 |
| Dorothy McKay | Lea County, NM | 40 BBLs | 65 MCF | Feb 2025 |
| East Lusk 15 Federal Com | Lea County, NM | 1,163 BBLs | 2,405 MCF | Feb 2025 |
| Gunsmoke Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2021 |
| Jennings | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
| Lusk 16 State | Lea County, NM | 250 BBLs | 25 MCF | Feb 2025 |
| Lusk 22 Federal | Lea County, NM | 89 BBLs | 133 MCF | Feb 2025 |
| Lusk 23 Federal | Lea County, NM | 105 BBLs | 207 MCF | Feb 2025 |
| Norte 13 | Lea County, NM | 0 BBLs | 32 MCF | Feb 2025 |
| Norte 13 He Federal 001H | Lea County, NM | 371 BBLs | 312 MCF | Feb 2025 |
| Paladin Federal | Lea County, NM | 547 BBLs | 1,276 MCF | Feb 2025 |
| Sloan Federal | Lea County, NM | 0 BBLs | 0 MCF | Jan 2004 |
| Spanish Bay 18 19 Federal Com | Lea County, NM | 36,356 BBLs | 44,892 MCF | Feb 2025 |
| State DR | Lea County, NM | 172 BBLs | 1,001 MCF | Feb 2025 |
| Sun McKay Federal | Lea County, NM | 226 BBLs | 357 MCF | Feb 2025 |
| TJG 3 Federal Com | Lea County, NM | 442 BBLs | 1,405 MCF | Feb 2025 |
| Tonto Federal | Lea County, NM | 1 BBLs | 0 MCF | Feb 2025 |
These are the closest 20 companies operating near the Korczak Federal property.