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 - Dec 2024 |
| Total Oil Production | 1,887,917 BBLs |
| Total Gas Production | 1,549,226 MCF |
| Recent Oil Production | 1,355 BBLs in Dec 2024 |
| Recent Gas Production | 56 MCF in Dec 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Mobil Lea State
ShaleAssessment™
$116,617 *
MarketMultiple™
$129,764 **
* 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 | 2,919 BBLs | 5,375 MCF | Dec 2024 |
| Coyote 10 Federal | Lea County, NM | 148 BBLs | 87 MCF | Dec 2024 |
| Eagle 2 State | Lea County, NM | 3,929 BBLs | 6,044 MCF | Dec 2024 |
| Federal | Lea County, NM | 373 BBLs | 1,061 MCF | Dec 2024 |
| Hudson Federal | Lea County, NM | 428 BBLs | 405 MCF | Dec 2024 |
| Laurie D Federal | Lea County, NM | 85 BBLs | 57 MCF | Dec 2024 |
| Lea Federal Unit | Lea County, NM | 1,989 BBLs | 19,045 MCF | Dec 2024 |
| Lea Unit | Lea County, NM | 55,634 BBLs | 174,913 MCF | Dec 2024 |
| Mallon 27 Federal | Lea County, NM | 17,605 BBLs | 39,966 MCF | Dec 2024 |
| Mallon 3 | Lea County, NM | 4,537 BBLs | 5,239 MCF | Dec 2024 |
| Mark Federal | Lea County, NM | 1,226 BBLs | 667 MCF | Dec 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 6,613 BBLs | 8,984 MCF | Dec 2024 |
| North Lea 3 Federal Com | Lea County, NM | 4,803 BBLs | 5,572 MCF | Dec 2024 |
| Pearl | Lea County, NM | 113 BBLs | 0 MCF | Jan 2025 |
| Pearl 33 Federal | Lea County, NM | 300 BBLs | 141 MCF | Dec 2024 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Quail Federal | Lea County, NM | 600 BBLs | 1,508 MCF | Dec 2024 |
| Tiger 11 Federal | Lea County, NM | 567 BBLs | 333 MCF | Dec 2024 |
| Truman Federal | Lea County, NM | 190 BBLs | 1,268 MCF | Dec 2024 |
These are the closest 20 companies operating near the Mobil Lea State property.