Oil & Gas Property in Lea County, NM
Key data points for Magpie State
| County | Lea County, NM |
|---|---|
| Production Dates | Jul 2012 - Sep 2024 |
| Total Oil Production | 34,451 BBLs |
| Total Gas Production | 28,757 MCF |
| Recent Oil Production | 1 BBLs in Sep 2024 |
| Recent Gas Production | 1 MCF in Sep 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Magpie State
ShaleAssessment™
$2,227 *
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
These are the closest 20 properties to the Magpie State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Albatross State Com | Lea County, NM | 1,211 BBLs | 1,137 MCF | Sep 2024 |
| Butter Cup 3 | Lea County, NM | 2,011 BBLs | 2,946 MCF | Sep 2024 |
| Caprock 27 State | Lea County, NM | 212 BBLs | 0 MCF | Sep 2024 |
| Condor State | Lea County, NM | 969 BBLs | 2,004 MCF | Sep 2024 |
| East Ek Unit | Lea County, NM | 0 BBLs | 0 MCF | Jan 2003 |
| Ekay 2 | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Gold State Com | Lea County, NM | 36,564 BBLs | 53,041 MCF | Sep 2024 |
| Iggles State Com | Lea County, NM | 1,315 BBLs | 647 MCF | Sep 2024 |
| Ironhouse 19 State Com | Lea County, NM | 1,584 BBLs | 3,076 MCF | Sep 2024 |
| Ironhouse 2 | Lea County, NM | 2,117 BBLs | 4,484 MCF | Sep 2024 |
| Jim Rolfe 22 18 34 RN State | Lea County, NM | 385 BBLs | 170 MCF | Sep 2024 |
| King Cobra 2 State | Lea County, NM | 2,164 BBLs | 2,111 MCF | Sep 2024 |
| Kingfisher State Com | Lea County, NM | 1,160 BBLs | 830 MCF | Sep 2024 |
| Lea Yh State | Lea County, NM | 0 BBLs | 0 MCF | Nov 2022 |
| Sky Dweller 14 State Com | Lea County, NM | 5,381 BBLs | 2,322 MCF | Sep 2024 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Feb 1998 |
| Tin Cup 36 State Com | Lea County, NM | 316 BBLs | 565 MCF | Sep 2024 |
| Tonto | Lea County, NM | 0 BBLs | 0 MCF | Sep 2018 |
| Tres Primos 3 State | Lea County, NM | 1,492 BBLs | 1,135 MCF | Sep 2024 |
| Wild Cobra 1 State | Lea County, NM | 1,592 BBLs | 1,479 MCF | Sep 2024 |
These are the closest 20 companies operating near the Magpie State property.