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 - Oct 2024 |
| Total Oil Production | 263,764 BBLs |
| Total Gas Production | 436,232 MCF |
| Recent Oil Production | 556 BBLs in Oct 2024 |
| Recent Gas Production | 2,847 MCF in Oct 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Merchant Gap
ShaleAssessment™
$49,016 *
MarketMultiple™
$121,157 **
* 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 | 23,373 BBLs | 104,765 MCF | Oct 2024 |
| Duck Hunt 1 | Lea County, NM | 22,379 BBLs | 73,516 MCF | Oct 2024 |
| Godfather 36 State Com | Lea County, NM | 1,727 BBLs | 14,608 MCF | Oct 2024 |
| Golden Tee 31 Federal Com | Lea County, NM | 82,193 BBLs | 328,182 MCF | Oct 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 | 37,887 BBLs | 107,335 MCF | Oct 2024 |
| Merchant Livestock | Lea County, NM | 2,968 BBLs | 9,664 MCF | Oct 2024 |
| Mortal Kombat 36 State Com | Lea County, NM | 1,083 BBLs | 3,658 MCF | Oct 2024 |
| North Ridge 8040 Federal Com | Lea County, NM | 23,147 BBLs | 73,554 MCF | Oct 2024 |
| Ojo Chiso | Lea County, NM | 70 BBLs | 1,708 MCF | Oct 2024 |
| Pac-Man 36 Federal Com | Lea County, NM | 37,531 BBLs | 243,021 MCF | Oct 2024 |
| Perro Loco 22 B | Lea County, NM | 1,101 BBLs | 2,171 MCF | Oct 2024 |
| Perro Loco 27 22 B | Lea County, NM | 12,779 BBLs | 23,653 MCF | Oct 2024 |
| Perro Loco 27 B | Lea County, NM | 12,048 BBLs | 22,173 MCF | Oct 2024 |
| Pryor State Com | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| South Ridge 8030 2 11 State | Lea County, NM | 27,582 BBLs | 70,360 MCF | Oct 2024 |
| Squints Federal Com | Lea County, NM | 6,556 BBLs | 17,300 MCF | Oct 2024 |
| Winnebago 30 State Com | Lea County, NM | 53,423 BBLs | 203,977 MCF | Oct 2024 |
These are the closest 20 companies operating near the Merchant Gap property.