Merit

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Merit

CountyLea County, NM
OperatorAPACHE CORPORATION
Production DatesJun 2001 - Sep 2024
Total Oil Production119,301 BBLs
Total Gas Production1,563,710 MCF
Recent Oil Production274 BBLs in Sep 2024
Recent Gas Production1,970 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Merit

ShaleAssessment™

$18,435 *

MarketMultiple™

$31,668 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Merit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Merit
from Jun 2001 to Sep 2024

Wells on Merit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-35240MERIT 001APACHE CORPORATIONActiveLea County, NM32.582138-103.116669
30-025-35448MERIT II 001APACHE CORPORATIONActiveLea County, NM32.589489-103.117218
30-025-39653MERIT 002APACHE CORPORATIONActiveLea County, NM32.581532-103.116264
30-025-39654MERIT 003APACHE CORPORATIONActiveLea County, NM32.580433-103.118164

Leases included in Merit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
303223MERITAPACHE CORPORATIONLea County, NM
303224MERIT IIAPACHE CORPORATIONLea County, NM

Nearby Properties

These are the closest 20 properties to the Merit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Arnold ALea County, NM66 BBLs655 MCFSep 2024
BlankenshipLea County, NM42 BBLs615 MCFSep 2024
BuglerLea County, NM51 BBLs680 MCFSep 2024
Bull DurhamLea County, NM36 BBLs711 MCFSep 2024
ChesterfieldLea County, NM65 BBLs355 MCFSep 2024
ConeLea County, NM68 BBLs528 MCFSep 2024
Dixie QueenLea County, NM125 BBLs1,642 MCFSep 2024
Hester 12Lea County, NM329 BBLs3,796 MCFSep 2024
HouseLea County, NM38 BBLs364 MCFSep 2024
HowseLea County, NM138 BBLs583 MCFSep 2024
Joe CamelLea County, NM5 BBLs38 MCFSep 2024
KoolLea County, NM42 BBLs231 MCFSep 2024
L & M 00Lea County, NM590 BBLs2,640 MCFSep 2024
Lucky StrikeLea County, NM48 BBLs801 MCFSep 2024
MagnoliaLea County, NM133 BBLs861 MCFSep 2024
McCaslandLea County, NM266 BBLs1,403 MCFSep 2024
MelotLea County, NM64 BBLs560 MCFSep 2024
RedtagLea County, NM525 BBLs3,036 MCFSep 2024
RhinoLea County, NM74 BBLs317 MCFSep 2024
ViceroyLea County, NM39 BBLs953 MCFSep 2024

Companies in the Area

These are the closest 20 companies operating near the Merit property.

Company Name
Apache Corporation
Burgundy Oil & Gas Of N M Inc
Capataz Operating Inc
Chesapeake Operating, Inc.
Chevron USA Inc
Extex Operating Company
Falcon Creek Resources, Inc.
J R Oil, LTD. Co.
John H Hendrix Corp
Mewbourne Oil Company
North Fork Operating LP
Oxy USA WTP Limited Partnership
Penroc Oil Corp.
Pronghorn Management Corporation
Raw Oil & Gas, Inc.
Ray A Pierce
Southwest Royalties Inc
Tamarack Petroleum Company, Inc.
Trilogy Operating, Inc.
Xeric Oil & Gas Corporation