Paloma State

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Paloma State Oil & Gas Property

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Property Summary

Key data points for Paloma State

CountyLea County, NM
Production DatesJan 1993 - Sep 2024
Total Oil Production34,712 BBLs
Total Gas Production24,348 MCF
Recent Oil Production45 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Paloma State

ShaleAssessment™

$373 *

MarketMultiple™

$1,983 **

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

Based on a decimal interest

Paloma State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Paloma State
from Jan 1993 to Sep 2024

Wells on Paloma State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-31153PALOMA STATE 001Avant Operating, LLCActiveLea County, NM32.697468-103.716568
30-025-31349PALOMA STATE 003STRATA PRODUCTION COPluggedLea County, NM32.697479-103.720863

Leases included in Paloma State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
10740PALOMA STATESTRATA PRODUCTION COLea County, NM
333653PALOMA STATEAvant Operating, LLCLea County, NM

Operators Associated With Paloma State

Nearby Properties

These are the closest 20 properties to the Paloma State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlantic 32 StateLea County, NM0 BBLs0 MCFAug 2024
Bel Air 5 8 Federal ComLea County, NM0 BBLs0 MCFAug 2024
BondurantLea County, NM0 BBLs0 MCFAug 2022
Bondurant FederalLea County, NM294 BBLs447 MCFSep 2024
CochiseLea County, NM73 BBLs0 MCFSep 2024
Crazy Wolf 1 2 B2Lea County, NM108 BBLs122 MCFSep 2024
Eland 32 18 33 RN State ComLea County, NM2,025 BBLs1,938 MCFSep 2024
FederalLea County, NM3,026 BBLs5,361 MCFSep 2024
Gazelle 3Lea County, NM0 BBLs0 MCFAug 2024
Gulf FederalLea County, NM0 BBLs0 MCFAug 2024
Hudson 29 FederalLea County, NM0 BBLs1,228 MCFSep 2024
Hudson 3Lea County, NM0 BBLs0 MCFAug 2018
Lone Wolf 36 B2da State ComLea County, NM408 BBLs222 MCFSep 2024
Lusk Seven Rivers UnitLea County, NM0 BBLs0 MCFJul 2024
Nellis FederalLea County, NM0 BBLs5,869 MCFSep 2024
Spanish Bay 18 19 Federal ComLea County, NM63,053 BBLs69,217 MCFSep 2024
Sun McKay FederalLea County, NM160 BBLs372 MCFSep 2024
TJG 3 Federal ComLea County, NM538 BBLs1,825 MCFSep 2024
Tonto FederalLea County, NM2 BBLs0 MCFSep 2024
Uncle SamLea County, NM0 BBLs0 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Paloma State property.

Company Name
Avant Operating, LLC
BP America Production Company
Burgundy Oil & Gas Of N M Inc
Burlington Resources Oil & Gas Company LP
Burlington Resources Oil And Gas Co.
Cimarex Energy Co. Of Colorado
Devon Energy Operating Co., L.P.
Fasken Oil And Ranch, LTD.
GVC Ventures
Legacy Reserves Operating LP
Maralo, LLC
Matador Production Company
Mewbourne Oil Company
Oleum Energy LLC
Permian Resources Operating, LLC
Ralph C Bruton
Special Energy Corporation
Three Forks Resources LLC
V-F Petroleum Inc.
Walsh & Watts Inc