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 - Jan 2025 |
| Total Oil Production | 1,888,603 BBLs |
| Total Gas Production | 1,549,246 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 7 |
Our Valuation Estimates for Mobil Lea State
ShaleAssessment™
$115,472 *
MarketMultiple™
$121,514 **
* 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 | 2,202 BBLs | 4,855 MCF | Feb 2025 |
| Coyote 10 Federal | Lea County, NM | 186 BBLs | 86 MCF | Feb 2025 |
| Eagle 2 State | Lea County, NM | 3,755 BBLs | 5,847 MCF | Feb 2025 |
| Federal | Lea County, NM | 927 BBLs | 1,576 MCF | Feb 2025 |
| Hudson Federal | Lea County, NM | 336 BBLs | 499 MCF | Feb 2025 |
| Laurie D Federal | Lea County, NM | 10 BBLs | 11 MCF | Feb 2025 |
| Lea Federal Unit | Lea County, NM | 1,785 BBLs | 19,185 MCF | Feb 2025 |
| Lea Unit | Lea County, NM | 46,164 BBLs | 138,717 MCF | Feb 2025 |
| Mallon 27 Federal | Lea County, NM | 15,308 BBLs | 35,809 MCF | Feb 2025 |
| Mallon 3 | Lea County, NM | 3,891 BBLs | 4,384 MCF | Feb 2025 |
| Mark Federal | Lea County, NM | 1,085 BBLs | 827 MCF | Feb 2025 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea | Lea County, NM | 5,974 BBLs | 7,085 MCF | Feb 2025 |
| North Lea 3 Federal Com | Lea County, NM | 3,789 BBLs | 4,023 MCF | Feb 2025 |
| Pearl | Lea County, NM | 42 BBLs | 0 MCF | Feb 2025 |
| Pearl 33 Federal | Lea County, NM | 288 BBLs | 124 MCF | Feb 2025 |
| Pure State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2024 |
| Quail Federal | Lea County, NM | 692 BBLs | 2,074 MCF | Feb 2025 |
| Tiger 11 Federal | Lea County, NM | 374 BBLs | 103 MCF | Feb 2025 |
| Truman Federal | Lea County, NM | 141 BBLs | 1,838 MCF | Feb 2025 |
These are the closest 20 companies operating near the Mobil Lea State property.