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 | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Merchant Gap
ShaleAssessment™
$50,393 *
MarketMultiple™
$121,205 **
* 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 | 0 BBLs | 0 MCF | Aug 2024 |
| Duck Hunt 1 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Golden Tee 31 Federal Com | Lea County, NM | 83,963 BBLs | 347,409 MCF | Sep 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 | 44,291 BBLs | 123,934 MCF | Sep 2024 |
| Merchant Livestock | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Mortal Kombat 36 State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| North Ridge 8040 Federal Com | Lea County, NM | 23,671 BBLs | 72,190 MCF | Sep 2024 |
| Ojo Chiso | Lea County, NM | 59 BBLs | 1,821 MCF | Sep 2024 |
| Pac-Man 36 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| Perro Loco 22 B | Lea County, NM | 1,851 BBLs | 3,509 MCF | Sep 2024 |
| Perro Loco 27 22 B | Lea County, NM | 14,150 BBLs | 28,874 MCF | Sep 2024 |
| Perro Loco 27 B | Lea County, NM | 21,507 BBLs | 38,746 MCF | Sep 2024 |
| Pryor State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| South Ridge 8030 2 11 State | Lea County, NM | 27,279 BBLs | 69,361 MCF | Sep 2024 |
| Squints Federal Com | Lea County, NM | 11,727 BBLs | 29,344 MCF | Sep 2024 |
| State 2 8016 JV-P | Lea County, NM | 0 BBLs | 0 MCF | May 2022 |
| Winnebago 30 State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2024 |
These are the closest 20 companies operating near the Merchant Gap property.