Lear State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Lear State

CountyLea County, NM
Production DatesJan 1993 - Nov 2024
Total Oil Production246,963 BBLs
Total Gas Production357,801 MCF
Recent Oil Production567 BBLs in Oct 2024
Recent Gas Production368 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for Lear State

ShaleAssessment™

$13,972 *

MarketMultiple™

$20,757 **

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

Based on a decimal interest

Lear State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Lear State
from Jan 1993 to Nov 2024

Wells on Lear State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26703LEAR STATE SWD 003MARBOB ENERGY CORPPluggedLea County, NM32.702202-103.786324
30-025-38865LEAR STATE 001HCOG OPERATING LLCActiveLea County, NM32.703091-103.780960
30-025-38866LEAR STATE 002HCOG OPERATING LLCActiveLea County, NM32.698151-103.791687

Leases included in Lear State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
308262LEAR STATECOG OPERATING LLCLea County, NM
38232LEAR STATE SWDMARBOB ENERGY CORPLea County, NM

Operators Associated With Lear State

Nearby Properties

These are the closest 20 properties to the Lear State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cross BonesLea County, NM80 BBLs242 MCFOct 2024
Falcon FederalLea County, NM302 BBLs967 MCFNov 2024
Gulf FederalLea County, NM0 BBLs0 MCFAug 2024
Haas 6 Federal ComLea County, NM95 BBLs243 MCFNov 2024
HulksterLea County, NM855 BBLs7,294 MCFNov 2024
Keel A FederalLea County, NM142 BBLs56 MCFOct 2024
King Air FederalLea County, NM333 BBLs797 MCFNov 2024
Landsdale D FederalLea County, NM13 BBLs0 MCFOct 2024
LPC 31 FederalLea County, NM3 BBLs0 MCFNov 2024
Lusk 31 FederalLea County, NM189 BBLs1,868 MCFNov 2024
Lusk Seven Rivers UnitLea County, NM0 BBLs0 MCFJul 2024
Nana 30 FederalLea County, NM251 BBLs2,021 MCFNov 2024
Nervous Purvis StateEddy County, NM0 BBLs66 MCFNov 2024
North LuskLea County, NM411 BBLs3,019 MCFOct 2024
PattersonLea County, NM1,773 BBLs2,392 MCFNov 2024
Peashooter 4 Federal ComLea County, NM829 BBLs971 MCFNov 2024
Querecho 2Lea County, NM314 BBLs1,245 MCFOct 2024
Spruce Goose FederalLea County, NM630 BBLs5,278 MCFNov 2024
Warhawk 3 Federal ComLea County, NM814 BBLs787 MCFNov 2024
WatkinsLea County, NM32 BBLs131 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Lear State property.

Company Name
Acacia Operating Company, LLC
Avant Operating, LLC
BXP Operating, LLC
Chevron USA Inc
COG Operating LLC
Devon Energy Production Company LP
E.G.L. Resources, Inc.
Endurance Resources LLC
Latigo Petroleum, Inc.
Mack Energy Corporation
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Mewbourne Oil Company
Oxy USA Inc
Raybaw Operating, LLC
Rodney B Webb Dba Webb Oil Co
Santa Fe Energy Operating Partners L.P.
SM Energy Company
Snow Oil & Gas Inc.
Tandem Energy Corporation