Midway

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Midway

CountyLea County, NM
Production DatesJan 1993 - Dec 2024
Total Oil Production563,575 BBLs
Total Gas Production171,246 MCF
Recent Oil Production649 BBLs in Nov 2024
Recent Gas Production530 MCF in Nov 2024
Wells on Property10

Our Valuation Estimates for Midway

ShaleAssessment™

$35,480 *

MarketMultiple™

$52,146 **

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

Based on a decimal interest

Midway Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Midway
from Jan 1993 to Dec 2024

Wells on Midway

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-22794MIDWAY STATE 001MorningStar Operating LLCActiveLea County, NM32.850449-103.309082
30-025-22945MIDWAY STATE 002CHEVRON MIDCONTINENT, L.P.PluggedLea County, NM32.854565-103.305809
30-025-23026MIDWAY STATE 003GREENHILL PETROLEUM CORPPluggedLea County, NM32.847981-103.306145
30-025-23586MIDWAY 8408 JV-P 002BTA OIL PRODUCERSPluggedLea County, NM32.836807-103.305801
30-025-29553MIDWAY 8408 JV-P 001BTA OIL PRODUCERS, LLCActiveLea County, NM32.836617-103.306877
30-025-29692MIDWAY 8408 JV-P 003BTA OIL PRODUCERS, LLCPluggedLea County, NM32.834049-103.302574
30-025-29719MIDWAY B 8408 JV-P 001BTA OIL PRODUCERSPluggedLea County, NM32.837723-103.309052
30-025-29857MIDWAY 8408 JV-P 004BTA OIL PRODUCERSPluggedLea County, NM32.839554-103.314423
30-025-33071MIDWAY STATE 001MARATHON OIL COPluggedLea County, NM32.840275-103.345711
30-025-40730MIDWAY 22 STATE 001HMULLOY OPERATING, INC.ActiveLea County, NM32.826916-103.340279

Leases included in Midway

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
17400MIDWAY STATEMARATHON OIL COLea County, NM
2333MIDWAY 8408 JV-PBTA OIL PRODUCERSLea County, NM
2334MIDWAY B 8408 JV-PBTA OIL PRODUCERSLea County, NM
26755MIDWAY STATEPURE RESOURCES, LPLea County, NM
302776MIDWAY STATECHEVRON MIDCONTINENT, L.P.Lea County, NM
305264MIDWAY 8408 JV-PBTA OIL PRODUCERS, LLCLea County, NM
326226MIDWAY 22 STATEMULLOY OPERATING, INC.Lea County, NM
331695MIDWAY STATEMorningStar Operating LLCLea County, NM
4806MIDWAY STATEGREENHILL PETROLEUM CORPLea County, NM

Operators Associated With Midway

Nearby Properties

These are the closest 20 properties to the Midway property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AngellLea County, NM1,633 BBLs196 MCFNov 2024
Barbara 29 17S 37eLea County, NM4,101 BBLs4,424 MCFDec 2024
C S CaylorLea County, NM2,099 BBLs1,758 MCFDec 2024
ConsolidatedLea County, NM0 BBLs0 MCFNov 2011
Guadalcanal State ComLea County, NM311 BBLs0 MCFDec 2024
H L BattonLea County, NM0 BBLs0 MCFJul 2021
Lea KN StateLea County, NM0 BBLs0 MCFNov 1997
Lovington Paddock UnitLea County, NM0 BBLs0 MCFMay 2023
Lovington San Andres UnitLea County, NM0 BBLs0 MCFApr 2023
MidwayLea County, NM0 BBLs0 MCFMar 2020
New MexicoLea County, NM252 BBLs0 MCFDec 2024
NM De StateLea County, NM0 BBLs0 MCFJun 2020
Opl 3 StateLea County, NM136 BBLs31 MCFDec 2024
SkellyLea County, NM246 BBLs131 MCFDec 2024
TurnerLea County, NM101 BBLs10 MCFDec 2024
ViersenLea County, NM0 BBLs0 MCFAug 1994
Vindicator CanyonLea County, NM54,995 BBLs131,578 MCFDec 2024
WarrenLea County, NM0 BBLs0 MCFJul 2024
West Lovington 20Lea County, NM1,088 BBLs7,162 MCFNov 2024
West Lovington UnitLea County, NM0 BBLs0 MCFMay 2022

Companies in the Area

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

Company Name
Armstrong Energy Corporation
Barbara Fasken
Bta Oil Producers, LLC
Chevron Midcontinent, L.P.
Cobalt Operating, LLC
Consolidated Oil & Gas Inc
Contango Resources LLC
Copper Ridge Resources LLC
Greenhill Petroleum Corporation
Kevin O Butler & Assoc Inc
Manzano LLC
Marathon Oil Permian LLC
Mulloy Operating, Inc.
Nearburg Producing Company
Raybaw Operating, LLC
Samson Resources Company
Texaco Expl. And Prod. Inc.
Texland Petroleum-Hobbs, L.L.C.
Three Forks Resources LLC
Titan Resources I, Inc.