Oil & Gas Property in Lea County, NM
Key data points for North Lea
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Jan 2025 |
| Total Oil Production | 2,349,424 BBLs |
| Total Gas Production | 5,810,179 MCF |
| Recent Oil Production | 4,982 BBLs in Jan 2025 |
| Recent Gas Production | 6,381 MCF in Jan 2025 |
| Wells on Property | 18 |
Our Valuation Estimates for North Lea
ShaleAssessment™
$71,147 *
MarketMultiple™
$921,925 **
* 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 | 124 BBLs | 87 MCF | Jan 2025 |
| Eagle 2 State | Lea County, NM | 3,632 BBLs | 5,434 MCF | Jan 2025 |
| Federal | Lea County, NM | 685 BBLs | 1,632 MCF | Jan 2025 |
| Hudson Federal | Lea County, NM | 323 BBLs | 451 MCF | Jan 2025 |
| Laurie D Federal | Lea County, NM | 16 BBLs | 76 MCF | Jan 2025 |
| Lea Federal Unit | Lea County, NM | 2,376 BBLs | 19,668 MCF | Jan 2025 |
| Lea Unit | Lea County, NM | 48,182 BBLs | 150,123 MCF | Jan 2025 |
| Mallon 3 | Lea County, NM | 4,204 BBLs | 4,612 MCF | Jan 2025 |
| Marathon Road 1 | Lea County, NM | 3,441 BBLs | 12,833 MCF | Jan 2025 |
| Mark Federal | Lea County, NM | 1,267 BBLs | 1,048 MCF | Jan 2025 |
| Mobil Lea State | Lea County, NM | 686 BBLs | 20 MCF | Jan 2025 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea 3 Federal Com | Lea County, NM | 4,250 BBLs | 3,210 MCF | Jan 2025 |
| Paloma 21 Federal Com | Lea County, NM | 5,610 BBLs | 9,311 MCF | Jan 2025 |
| Pearl 33 Federal | Lea County, NM | 311 BBLs | 137 MCF | Jan 2025 |
| Perry 22 Federal Com | Lea County, NM | 1,769 BBLs | 5,196 MCF | Jan 2025 |
| Quail 16 State | Lea County, NM | 6,299 BBLs | 7,612 MCF | Jan 2025 |
| Quail Federal | Lea County, NM | 743 BBLs | 2,148 MCF | Jan 2025 |
| Quail Ridge 3 | Lea County, NM | 532 BBLs | 5,994 MCF | Jan 2025 |
| Truman Federal | Lea County, NM | 113 BBLs | 1,587 MCF | Jan 2025 |
These are the closest 20 companies operating near the North Lea property.