Oil & Gas Property in Lea County, NM
Key data points for Merchant Gap
| County | Lea County, NM |
|---|---|
| Operator | PERMIAN RESOURCES OPERATING, LLC |
| Production Dates | Apr 2014 - Aug 2024 |
| Total Oil Production | 262,223 BBLs |
| Total Gas Production | 429,904 MCF |
| Recent Oil Production | 695 BBLs in Aug 2024 |
| Recent Gas Production | 2,879 MCF in Aug 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Merchant Gap
ShaleAssessment™
$50,393 *
MarketMultiple™
$121,198 **
* 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 Merchant Gap property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antelope 8006 JVP | Lea County, NM | 0 BBLs | 0 MCF | Feb 2021 |
| Donkey Kong 1 Federal Com | Lea County, NM | 25,030 BBLs | 100,835 MCF | Aug 2024 |
| Duck Hunt 1 | Lea County, NM | 24,222 BBLs | 78,544 MCF | Aug 2024 |
| Godfather 36 State Com | Lea County, NM | 1,846 BBLs | 13,563 MCF | Aug 2024 |
| Golden Tee 31 Federal Com | Lea County, NM | 91,902 BBLs | 381,113 MCF | Aug 2024 |
| Maddox Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2022 |
| Maxus | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Maxus 8026 Federal | Lea County, NM | 49,835 BBLs | 143,483 MCF | Aug 2024 |
| Merchant Livestock | Lea County, NM | 3,639 BBLs | 7,723 MCF | Aug 2024 |
| Mortal Kombat 36 State Com | Lea County, NM | 1,073 BBLs | 4,259 MCF | Aug 2024 |
| North Ridge 8040 Federal Com | Lea County, NM | 24,947 BBLs | 75,320 MCF | Aug 2024 |
| Ojo Chiso | Lea County, NM | 38 BBLs | 1,842 MCF | Aug 2024 |
| Pac-Man 36 Federal Com | Lea County, NM | 38,784 BBLs | 243,823 MCF | Aug 2024 |
| Perro Loco 22 B | Lea County, NM | 2,128 BBLs | 3,650 MCF | Aug 2024 |
| Perro Loco 27 22 B | Lea County, NM | 13,224 BBLs | 25,869 MCF | Aug 2024 |
| Perro Loco 27 B | Lea County, NM | 20,161 BBLs | 34,157 MCF | Aug 2024 |
| Pryor State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| South Ridge 8030 2 11 State | Lea County, NM | 29,562 BBLs | 74,834 MCF | Aug 2024 |
| Squints Federal Com | Lea County, NM | 10,945 BBLs | 26,131 MCF | Aug 2024 |
| Winnebago 30 State Com | Lea County, NM | 40,644 BBLs | 147,807 MCF | Aug 2024 |
These are the closest 20 companies operating near the Merchant Gap property.