Oil & Gas Property in Lea County, NM
Key data points for North Lea
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2024 |
| Total Oil Production | 2,330,400 BBLs |
| Total Gas Production | 5,785,778 MCF |
| Recent Oil Production | 4,707 BBLs in Sep 2024 |
| Recent Gas Production | 5,887 MCF in Sep 2024 |
| Wells on Property | 18 |
Our Valuation Estimates for North Lea
ShaleAssessment™
$73,609 *
MarketMultiple™
$1,045,239 **
* 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 North Lea property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Coyote 10 Federal | Lea County, NM | 14 BBLs | 90 MCF | Sep 2024 |
| Eagle 2 State | Lea County, NM | 1,889 BBLs | 8,006 MCF | Oct 2024 |
| Federal | Lea County, NM | 86 BBLs | 2,771 MCF | Oct 2024 |
| Hudson Federal | Lea County, NM | 495 BBLs | 510 MCF | Sep 2024 |
| Laurie D Federal | Lea County, NM | 18 BBLs | 85 MCF | Sep 2024 |
| Lea Federal Unit | Lea County, NM | 991 BBLs | 18,107 MCF | Oct 2024 |
| Lea Unit | Lea County, NM | 33,054 BBLs | 148,039 MCF | Oct 2024 |
| Mallon 3 | Lea County, NM | 4,036 BBLs | 4,915 MCF | Oct 2024 |
| Marathon Road 1 | Lea County, NM | 1,326 BBLs | 4,714 MCF | Sep 2024 |
| Mark Federal | Lea County, NM | 811 BBLs | 830 MCF | Sep 2024 |
| Mobil Lea State | Lea County, NM | 1,544 BBLs | 160 MCF | Sep 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea 3 Federal Com | Lea County, NM | 4,207 BBLs | 3,894 MCF | Oct 2024 |
| Paloma 21 Federal Com | Lea County, NM | 8,843 BBLs | 13,451 MCF | Oct 2024 |
| Pearl 33 Federal | Lea County, NM | 122 BBLs | 139 MCF | Sep 2024 |
| Perry 22 Federal Com | Lea County, NM | 1,586 BBLs | 4,475 MCF | Oct 2024 |
| Quail 16 State | Lea County, NM | 7,257 BBLs | 8,529 MCF | Oct 2024 |
| Quail Federal | Lea County, NM | 867 BBLs | 1,623 MCF | Sep 2024 |
| Quail Ridge 3 | Lea County, NM | 384 BBLs | 4,286 MCF | Oct 2024 |
| Truman Federal | Lea County, NM | 171 BBLs | 1,428 MCF | Sep 2024 |
These are the closest 20 companies operating near the North Lea property.