Oil & Gas Property in Lea County, NM
Key data points for Papalotes
| County | Lea County, NM |
|---|---|
| Production Dates | Jun 1996 - Jan 2025 |
| Total Oil Production | 21,239 BBLs |
| Total Gas Production | 17,110 MCF |
| Recent Oil Production | 94 BBLs in Jan 2025 |
| Recent Gas Production | 0 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Papalotes
ShaleAssessment™
$1,751 *
MarketMultiple™
$6,381 **
* 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 Papalotes property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arreguy Av | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Big Bear Atn | Lea County, NM | 117 BBLs | 0 MCF | Jan 2025 |
| Bills Hopper | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Calfrope State | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| Chocolate Foam Wing | Lea County, NM | 12 BBLs | 919 MCF | Jan 2025 |
| Estacado | Lea County, NM | 111 BBLs | 0 MCF | Jan 2025 |
| Glenn Cleveland | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| High Plains | Lea County, NM | 205 BBLs | 336 MCF | Jan 2025 |
| James Oneil | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| Mandrell BMR State Com | Lea County, NM | 0 BBLs | 84 MCF | Jan 2025 |
| Maxwell | Lea County, NM | 36 BBLs | 2,497 MCF | Jan 2025 |
| Morton Unit | Lea County, NM | 0 BBLs | 158 MCF | Jan 2025 |
| New Grass BJ | Lea County, NM | 102 BBLs | 4,789 MCF | Jan 2025 |
| New Mexico | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 0 BBLs | 0 MCF | Oct 2024 |
| Stoltz Federal | Lea County, NM | 0 BBLs | 0 MCF | Nov 2002 |
| Superior | Lea County, NM | 0 BBLs | 0 MCF | Aug 2020 |
| TMBR 1 | Lea County, NM | 0 BBLs | 0 MCF | May 2007 |
| Tres Papalotes | Lea County, NM | 277 BBLs | 1 MCF | Jan 2025 |
| West Tres Papalotes Penn Unit | Lea County, NM | 0 BBLs | 0 MCF | May 1997 |
These are the closest 20 companies operating near the Papalotes property.