Oil & Gas Property in Lea County, NM
Key data points for Merchant State Unit
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 2014 - Jan 2025 |
| Total Oil Production | 9,479,857 BBLs |
| Total Gas Production | 15,855,180 MCF |
| Recent Oil Production | 61,626 BBLs in Jan 2025 |
| Recent Gas Production | 222,668 MCF in Jan 2025 |
| Wells on Property | 24 |
Our Valuation Estimates for Merchant State Unit
ShaleAssessment™
$51,896 *
MarketMultiple™
$10,520,239 **
* 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 State Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abe State | Lea County, NM | 1,950 BBLs | 2,425 MCF | Jan 2025 |
| Battle | Lea County, NM | 5,196 BBLs | 9,413 MCF | Jan 2025 |
| Crunch Berry 6 Federal Com | Lea County, NM | 12,425 BBLs | 22,281 MCF | Jan 2025 |
| Date 14 State Com | Lea County, NM | 63,009 BBLs | 154,316 MCF | Jan 2025 |
| DL 4 33 Federal Com | Lea County, NM | 6,789 BBLs | 68,619 MCF | Jan 2025 |
| Grey Hawk State | Lea County, NM | 2,514 BBLs | 4,128 MCF | Jan 2025 |
| Huckleberry State Com | Lea County, NM | 12,926 BBLs | 43,647 MCF | Jan 2025 |
| Juice Bud State Com | Lea County, NM | 4,586 BBLs | 866 MCF | Jan 2025 |
| Lobo 26 State | Lea County, NM | 865 BBLs | 1,143 MCF | Jan 2025 |
| Loco Dinero 36 State Com | Lea County, NM | 35,306 BBLs | 82,718 MCF | Jan 2025 |
| Naguss 30 State Com | Lea County, NM | 3,501 BBLs | 638 MCF | Jan 2025 |
| Naguss BRN State Com | Lea County, NM | 462 BBLs | 180 MCF | Jan 2025 |
| Nervosa 24 State Com | Lea County, NM | 1,672 BBLs | 1,831 MCF | Jan 2025 |
| Pygmy 27 State | Lea County, NM | 2,132 BBLs | 3,252 MCF | Jan 2025 |
| Raspberry | Lea County, NM | 4,963 BBLs | 16,222 MCF | Jan 2025 |
| Tenderloin Federal Com | Lea County, NM | 14,539 BBLs | 28,083 MCF | Jan 2025 |
| Warbler State | Lea County, NM | 4 BBLs | 1 MCF | Jan 2025 |
| West Grama Ridge | Lea County, NM | 655 BBLs | 2,447 MCF | Jan 2025 |
| Witherspoon 23 State | Lea County, NM | 221 BBLs | 2,445 MCF | Jan 2025 |
| Witherspoon 26 23 State | Lea County, NM | 1,887 BBLs | 4,794 MCF | Jan 2025 |
These are the closest 20 companies operating near the Merchant State Unit property.