Ledbetter Gulf State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Ledbetter Gulf State

CountyLea County, NM
OperatorDWIGHT A TIPTON
Production DatesJan 1993 - Aug 2024
Total Oil Production75,702 BBLs
Total Gas Production78,130 MCF
Recent Oil Production129 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property3

Our Valuation Estimates for Ledbetter Gulf State

ShaleAssessment™

Not Available

MarketMultiple™

$36,074 **

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

Based on a decimal interest

Ledbetter Gulf State Production Graph

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

Wells on Ledbetter Gulf State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-02059LEDBETTER GULF STATE 001DWIGHT A TIPTONActiveLea County, NM32.822208-103.572136
30-025-02060LEDBETTER GULF STATE 002DWIGHT A TIPTONActiveLea County, NM32.822216-103.567833
30-025-02061LEDBETTER GULF STATE 003DWIGHT A TIPTONActiveLea County, NM32.825844-103.567841

Leases included in Ledbetter Gulf State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
33238LEDBETTER GULF STATEDWIGHT A TIPTONLea County, NM

Nearby Properties

These are the closest 20 properties to the Ledbetter Gulf State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Angle StateLea County, NM0 BBLs0 MCFDec 2015
Bridges StateLea County, NM3,333 BBLs1,061 MCFAug 2024
Casa StateLea County, NM0 BBLs0 MCFFeb 2021
Encore 12 State ComLea County, NM0 BBLs0 MCFJul 2024
GallagherLea County, NM0 BBLs0 MCFOct 2022
Hale StateLea County, NM52 BBLs0 MCFAug 2024
Lea 0Lea County, NM42 BBLs0 MCFAug 2024
Lea A StateLea County, NM17 BBLs0 MCFAug 2024
Leamex Battery 2Lea County, NM0 BBLs0 MCFAug 2022
McCallister StateLea County, NM1,159 BBLs2,588 MCFAug 2024
Miller BW StateLea County, NM153 BBLs0 MCFAug 2024
Mobil StateLea County, NM10 BBLs0 MCFAug 2024
North Vacuum AboLea County, NM21,835 BBLs19,404 MCFSep 2024
Petrus DLea County, NM0 BBLs0 MCFJan 2016
Phillips LeaLea County, NM675 BBLs0 MCFAug 2024
Sanmal Queen UnitLea County, NM0 BBLs0 MCFApr 2021
StateLea County, NM4 BBLs0 MCFAug 2024
State Vacuum UnitLea County, NM865 BBLs0 MCFAug 2024
SunflowerLea County, NM0 BBLs0 MCFJul 2022
West Vacuum UnitLea County, NM2,852 BBLs918 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Ledbetter Gulf State property.

Company Name
Apache Corporation
BP America Production Company
Chevron USA Inc
Cimarex Energy Co. Of Colorado
ConocoPhillips Company
Cross Timbers Energy, LLC
EOG A Resources, Inc.
Lime Rock Resources II-A, L.P.
Mack Energy Corporation
Maverick Permian LLC
McGowan Working Partners, Inc.
Mobil Producing Texas & New Mexico
Morningstar Operating LLC
Phillips Petroleum Company
Ray Westall
Redwood Operating LLC
Sage Energy Company
Southwest Royalties Inc
Walsh & Watts Inc
XTO Energy Inc.