Opl 3 State

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Opl 3 State

CountyLea County, NM
OperatorTEXLAND PETROLEUM-HOBBS, L.L.C.
Production DatesApr 2014 - Oct 2024
Total Oil Production116,742 BBLs
Total Gas Production100,043 MCF
Recent Oil Production117 BBLs in Sep 2024
Recent Gas Production32 MCF in Sep 2024
Wells on Property3

Our Valuation Estimates for Opl 3 State

ShaleAssessment

$11,366 *

MarketMultiple

$17,148 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Opl 3 State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Opl 3 State
from Apr 2014 to Oct 2024

Wells on Opl 3 State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-41440OPL 3 STATE 001TEXLAND PETROLEUM-HOBBS, LLCPluggedLea County, NM32.862007-103.344467
30-025-41954OPL 3 STATE 002TEXLAND PETROLEUM-HOBBS, LLCActiveLea County, NM32.861374-103.347900
30-025-41955OPL 3 STATE 003CTEXLAND PETROLEUM-HOBBS, LLCCancelledLea County, NM32.865421-103.335556

Leases included in Opl 3 State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
40160OPL 3 STATETEXLAND PETROLEUM-HOBBS, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Opl 3 State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AngellLea County, NM1,771 BBLs255 MCFSep 2024
C S CaylorLea County, NM1,954 BBLs1,879 MCFOct 2024
Capitan 22301Lea County, NM19,564 BBLs35,011 MCFOct 2024
H L BattonLea County, NM0 BBLs0 MCFJul 2021
Lovington DeepLea County, NM807 BBLs3,906 MCFSep 2024
Lovington Paddock UnitLea County, NM0 BBLs0 MCFMay 2023
Lovington San Andres UnitLea County, NM0 BBLs0 MCFApr 2023
MidwayLea County, NM449 BBLs280 MCFOct 2024
MidwayLea County, NM0 BBLs0 MCFMar 2020
Mobil State ComLea County, NM442 BBLs0 MCFOct 2024
Monsanto 30 StateLea County, NM1 BBLs0 MCFOct 2024
Mustang StateLea County, NM0 BBLs0 MCFJun 2013
New MexicoLea County, NM249 BBLs0 MCFSep 2024
NM De StateLea County, NM0 BBLs0 MCFJun 2020
SkellyLea County, NM213 BBLs3 MCFOct 2024
South Lovington 25Lea County, NM274 BBLs384 MCFOct 2024
TurnerLea County, NM88 BBLs25 MCFOct 2024
Vindicator CanyonLea County, NM63,057 BBLs117,614 MCFOct 2024
WarrenLea County, NM0 BBLs0 MCFJul 2024
West Lovington UnitLea County, NM0 BBLs0 MCFMay 2022