Magpie State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Magpie State

CountyLea County, NM
Production DatesJul 2012 - Sep 2024
Total Oil Production34,451 BBLs
Total Gas Production28,757 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Magpie State

ShaleAssessment™

$2,227 *

MarketMultiple™

$17 **

* 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 Sep 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, NM878 BBLs1,039 MCFOct 2024
Butter Cup 3Lea County, NM1,934 BBLs2,588 MCFOct 2024
Caprock 27 StateLea County, NM194 BBLs6 MCFNov 2024
Condor StateLea County, NM1,112 BBLs2,309 MCFOct 2024
East Ek UnitLea County, NM0 BBLs0 MCFJan 2003
Ekay 2Lea County, NM0 BBLs0 MCFNov 2002
Gold State ComLea County, NM27,677 BBLs31,428 MCFOct 2024
Iggles State ComLea County, NM1,374 BBLs671 MCFOct 2024
Ironhouse 19 State ComLea County, NM819 BBLs2,653 MCFOct 2024
Ironhouse 2Lea County, NM1,875 BBLs2,227 MCFOct 2024
Jim Rolfe 22 18 34 RN StateLea County, NM443 BBLs202 MCFOct 2024
King Cobra 2 StateLea County, NM2,281 BBLs2,198 MCFOct 2024
Kingfisher State ComLea County, NM406 BBLs151 MCFOct 2024
Lea Yh StateLea County, NM0 BBLs0 MCFNov 2022
Sky Dweller 14 State ComLea County, NM8,097 BBLs2,937 MCFOct 2024
StateLea County, NM0 BBLs0 MCFFeb 1998
TeapotLea County, NM720 BBLs1,378 MCFOct 2024
Tin Cup 36 State ComLea County, NM340 BBLs713 MCFOct 2024
TontoLea County, NM0 BBLs0 MCFSep 2018
Wild Cobra 1 StateLea County, NM1,545 BBLs1,465 MCFOct 2024

Companies in the Area

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

Company Name
Amtex Energy, Inc.
COG Operating LLC
Devon Energy Production Company LP
Elk Oil Company
Franklin Mountain Energy 3, LLC
G And C Operating, LLC
Harvey E Yates Company
J & G Enterprise LTD., Co.
Kevin O Butler & Assoc Inc
Lario Oil & Gas Company
Mack Energy Corporation
Marathon Oil Permian LLC
Matador Production Company
Maverick Permian LLC
McElvain Energy Inc
Mewbourne Oil Company
Nadel And Gussman Permian,L.L.C.
Oleum Energy LLC
Raybaw Operating, LLC
Western Oil Producers Inc