Magpie State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Magpie State

CountyLea County, NM
Production DatesJul 2012 - Jan 2024
Total Oil Production34,450 BBLs
Total Gas Production28,756 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Magpie State

ShaleAssessment

$2,407 *

MarketMultiple

$1,916 **

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

Based on a decimal interest

Magpie State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Magpie State
from Jul 2012 to Jan 2024

Wells on Magpie State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-27056MAGPIE STATE 002MACK ENERGY CORPPluggedLea County, NM32.720799-103.524643
30-025-40426MAGPIE STATE 001Franklin Mountain Energy 3, LLCActiveLea County, NM32.720589-103.538612

Leases included in Magpie State

Lease #Lease NameOperatorCounty
333691MAGPIE STATEFranklin Mountain Energy 3, LLCLea County, NM
39055MAGPIE STATEMACK ENERGY CORPLea County, NM

Operators Associated With Magpie State

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Albatross State ComLea County, NM1,425 BBLs1,050 MCFAug 2024
Butter Cup 3Lea County, NM1,936 BBLs2,877 MCFAug 2024
Caprock 27 StateLea County, NM245 BBLs3 MCFAug 2024
Condor StateLea County, NM622 BBLs1,481 MCFAug 2024
East Ek UnitLea County, NM0 BBLs0 MCFJan 2003
Ekay 2Lea County, NM0 BBLs0 MCFNov 2002
Gold State ComLea County, NM42,325 BBLs59,550 MCFAug 2024
Iggles State ComLea County, NM1,359 BBLs866 MCFAug 2024
Ironhouse 19 State ComLea County, NM2,278 BBLs4,931 MCFAug 2024
Ironhouse 2Lea County, NM4,646 BBLs9,699 MCFAug 2024
Jim Rolfe 22 18 34 RN StateLea County, NM495 BBLs209 MCFAug 2024
King Cobra 2 StateLea County, NM2,385 BBLs2,294 MCFAug 2024
Kingfisher State ComLea County, NM1,404 BBLs932 MCFAug 2024
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Oriole StateLea County, NM459 BBLs212 MCFAug 2024
Sky Dweller 14 State ComLea County, NM0 BBLs0 MCFSep 2024
StateLea County, NM0 BBLs0 MCFFeb 1998
TeapotLea County, NM753 BBLs2,032 MCFAug 2024
Tin Cup 36 State ComLea County, NM402 BBLs525 MCFAug 2024
TontoLea County, NM0 BBLs0 MCFSep 2018