Oil & Gas Property in Lea County, NM
Key data points for North Lea
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Aug 2024 |
| Total Oil Production | 2,319,879 BBLs |
| Total Gas Production | 5,773,486 MCF |
| Recent Oil Production | 7,384 BBLs in Aug 2024 |
| Recent Gas Production | 8,444 MCF in Aug 2024 |
| Wells on Property | 18 |
Our Valuation Estimates for North Lea
ShaleAssessment™
$75,304 *
MarketMultiple™
$1,058,244 **
* 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 | 279 BBLs | 105 MCF | Aug 2024 |
| Eagle 2 State | Lea County, NM | 3,459 BBLs | 6,773 MCF | Aug 2024 |
| Federal | Lea County, NM | 67 BBLs | 821 MCF | Aug 2024 |
| Hudson Federal | Lea County, NM | 428 BBLs | 488 MCF | Aug 2024 |
| Laurie D Federal | Lea County, NM | 15 BBLs | 313 MCF | Aug 2024 |
| Lea Federal Unit | Lea County, NM | 1,151 BBLs | 17,547 MCF | Aug 2024 |
| Lea Unit | Lea County, NM | 44,132 BBLs | 196,932 MCF | Aug 2024 |
| Mallon 3 | Lea County, NM | 4,037 BBLs | 4,775 MCF | Aug 2024 |
| Marathon Road 1 | Lea County, NM | 4,983 BBLs | 20,843 MCF | Aug 2024 |
| Mark Federal | Lea County, NM | 720 BBLs | 932 MCF | Aug 2024 |
| Mobil Lea State | Lea County, NM | 1,426 BBLs | 92 MCF | Aug 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea 3 Federal Com | Lea County, NM | 4,005 BBLs | 3,988 MCF | Aug 2024 |
| Pearl 33 Federal | Lea County, NM | 370 BBLs | 154 MCF | Aug 2024 |
| Perry 22 Federal Com | Lea County, NM | 1,023 BBLs | 3,524 MCF | Aug 2024 |
| Quail 16 State | Lea County, NM | 4,162 BBLs | 5,443 MCF | Aug 2024 |
| Quail Federal | Lea County, NM | 898 BBLs | 1,604 MCF | Aug 2024 |
| Quail Ridge 3 | Lea County, NM | 531 BBLs | 6,489 MCF | Aug 2024 |
| Tiger 11 Federal | Lea County, NM | 1,101 BBLs | 826 MCF | Aug 2024 |
| Truman Federal | Lea County, NM | 187 BBLs | 1,649 MCF | Aug 2024 |
These are the closest 20 companies operating near the North Lea property.