Oil & Gas Property in Lea County, NM
Key data points for Mobil Lea State
| County | Lea County, NM |
|---|---|
| Operator | ARMSTRONG ENERGY CORPORATION |
| Production Dates | Jan 1993 - Nov 2024 |
| Total Oil Production | 1,886,562 BBLs |
| Total Gas Production | 1,549,170 MCF |
| Recent Oil Production | 66 BBLs in Nov 2024 |
| Recent Gas Production | 4 MCF in Nov 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Mobil Lea State
ShaleAssessment™
$118,132 *
MarketMultiple™
$162,840 **
* 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 Mobil Lea State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Pearl 1 Federal | Lea County, NM | 2,953 BBLs | 6,152 MCF | Nov 2024 |
| Coyote 10 Federal | Lea County, NM | 95 BBLs | 84 MCF | Nov 2024 |
| Eagle 2 State | Lea County, NM | 3,087 BBLs | 5,499 MCF | Nov 2024 |
| Federal | Lea County, NM | 56 BBLs | 321 MCF | Nov 2024 |
| Hudson Federal | Lea County, NM | 437 BBLs | 547 MCF | Nov 2024 |
| Laurie D Federal | Lea County, NM | 12 BBLs | 69 MCF | Nov 2024 |
| Lea Federal Unit | Lea County, NM | 1,140 BBLs | 14,094 MCF | Nov 2024 |
| Lea Unit | Lea County, NM | 61,432 BBLs | 176,887 MCF | Nov 2024 |
| Mallon 27 Federal | Lea County, NM | 16,258 BBLs | 34,970 MCF | Nov 2024 |
| Mallon 3 | Lea County, NM | 4,226 BBLs | 4,878 MCF | Nov 2024 |
| Mark Federal | Lea County, NM | 1,319 BBLs | 783 MCF | Nov 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 7,163 BBLs | 8,173 MCF | Nov 2024 |
| North Lea 3 Federal Com | Lea County, NM | 4,198 BBLs | 4,529 MCF | Nov 2024 |
| Pearl | Lea County, NM | 106 BBLs | 0 MCF | Nov 2024 |
| Pearl 33 Federal | Lea County, NM | 313 BBLs | 136 MCF | Nov 2024 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | May 2024 |
| Quail Federal | Lea County, NM | 1,018 BBLs | 1,722 MCF | Nov 2024 |
| Quail Ridge 3 | Lea County, NM | 462 BBLs | 5,131 MCF | Nov 2024 |
| Truman Federal | Lea County, NM | 166 BBLs | 1,482 MCF | Nov 2024 |
These are the closest 20 companies operating near the Mobil Lea State property.