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 | 2,330,666 BBLs |
| Total Gas Production | 5,786,620 MCF |
| Recent Oil Production | 6,080 BBLs in Oct 2024 |
| Recent Gas Production | 7,594 MCF in Oct 2024 |
| Wells on Property | 18 |
Our Valuation Estimates for North Lea
ShaleAssessment™
$73,609 *
MarketMultiple™
$992,163 **
* 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 | 88 MCF | Oct 2024 |
| Eagle 2 State | Lea County, NM | 3,500 BBLs | 5,974 MCF | Oct 2024 |
| Federal | Lea County, NM | 659 BBLs | 1,514 MCF | Nov 2024 |
| Hudson Federal | Lea County, NM | 459 BBLs | 540 MCF | Oct 2024 |
| Laurie D Federal | Lea County, NM | 8 BBLs | 611 MCF | Oct 2024 |
| Lea Federal Unit | Lea County, NM | 1,106 BBLs | 16,377 MCF | Oct 2024 |
| Lea Unit | Lea County, NM | 56,109 BBLs | 166,651 MCF | Oct 2024 |
| Mallon 3 | Lea County, NM | 4,000 BBLs | 4,742 MCF | Oct 2024 |
| Marathon Road 1 | Lea County, NM | 2,836 BBLs | 8,079 MCF | Oct 2024 |
| Mark Federal | Lea County, NM | 863 BBLs | 742 MCF | Oct 2024 |
| Mobil Lea State | Lea County, NM | 1,088 BBLs | 92 MCF | Oct 2024 |
| Mud Slide Slim | Lea County, NM | 0 BBLs | 0 MCF | Feb 2016 |
| North Lea 3 Federal Com | Lea County, NM | 4,438 BBLs | 4,543 MCF | Oct 2024 |
| Paloma 21 Federal Com | Lea County, NM | 5,871 BBLs | 9,997 MCF | Nov 2024 |
| Pearl 33 Federal | Lea County, NM | 244 BBLs | 139 MCF | Oct 2024 |
| Perry 22 Federal Com | Lea County, NM | 1,145 BBLs | 3,335 MCF | Oct 2024 |
| Quail 16 State | Lea County, NM | 7,635 BBLs | 8,681 MCF | Nov 2024 |
| Quail Federal | Lea County, NM | 906 BBLs | 1,742 MCF | Oct 2024 |
| Quail Ridge 3 | Lea County, NM | 533 BBLs | 5,652 MCF | Oct 2024 |
| Truman Federal | Lea County, NM | 180 BBLs | 1,576 MCF | Oct 2024 |
These are the closest 20 companies operating near the North Lea property.