Pegasus

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Pegasus

CountyLea County, NM
OperatorMARLIN OPERATING, LLC
Production DatesApr 2018 - Jan 2025
Total Oil Production590,747 BBLs
Total Gas Production1,293,702 MCF
Recent Oil Production8,597 BBLs in Jan 2025
Recent Gas Production26,863 MCF in Jan 2025
Wells on Property8

Our Valuation Estimates for Pegasus

ShaleAssessment™

Not Available

MarketMultiple™

$1,427,947 **

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

Based on a decimal interest

Pegasus Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pegasus
from Apr 2018 to Jan 2025

Wells on Pegasus

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-44199PEGASUS 23 35 16 STATE 251HMarlin Operating, LLCActiveLea County, NM32.298433-103.378940
30-025-50295PEGASUS 16 STATE 252HMarlin Operating, LLCActiveLea County, NM32.298271-103.374188
30-025-50296PEGASUS 16 STATE 351HMarlin Operating, LLCActiveLea County, NM32.298848-103.378949
30-025-50297PEGASUS 16 STATE 352HMarlin Operating, LLCActiveLea County, NM32.298271-103.374269
30-025-51534PEGASUS 16 STATE 353HMarlin Operating, LLCNewLea County, NM32.298756-103.367197
30-025-51600PEGASUS 16 STATE 354HMarlin Operating, LLCNewLea County, NM32.298757-103.367100
30-025-52910PEGASUS 16 STATE COM 353HMarlin Operating, LLCNewLea County, NM32.313258-103.367016
30-025-52911PEGASUS 16 STATE COM 354HMarlin Operating, LLCNewLea County, NM32.313258-103.366935

Leases included in Pegasus

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
332053PEGASUS 23 35 16 STATEMarlin Operating, LLCLea County, NM
332942PEGASUS 16 STATEMarlin Operating, LLCLea County, NM
335863PEGASUS 16 STATE COMMarlin Operating, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Pegasus property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Banter State ComLea County, NM706 BBLs337 MCFJan 2025
Beowulf 33 State ComLea County, NM2,275 BBLs3,011 MCFJan 2025
Bill AlexanderLea County, NM21,114 BBLs55,809 MCFJan 2025
Donkey Kong 1 Federal ComLea County, NM22,102 BBLs111,573 MCFJan 2025
Duck Hunt 1Lea County, NM19,091 BBLs70,484 MCFJan 2025
Funky Monks 8 Federal ComLea County, NM3,231 BBLs6,139 MCFJan 2025
Hunter 21 StateLea County, NM4,251 BBLs4,494 MCFJan 2025
Jeff Hart State ComLea County, NM15,886 BBLs30,998 MCFJan 2025
Keller 4 StateLea County, NM0 BBLs0 MCFMay 2016
Landreth Federal ComLea County, NM977 BBLs1,402 MCFJan 2025
Lepakast State ComLea County, NM827 BBLs1,755 MCFJan 2025
Marlan DowneyLea County, NM42,701 BBLs113,027 MCFJan 2025
Red BullLea County, NM0 BBLs133 MCFJan 2025
Red Bull 2Lea County, NM11,487 BBLs15,008 MCFJan 2025
Red Bull 30 31 Federal State ComLea County, NM15,097 BBLs17,213 MCFJan 2025
Righteous 6 State ComLea County, NM4,191 BBLs17,804 MCFJan 2025
Sweetness 30 State Fed ComLea County, NM1,809 BBLs4,200 MCFJan 2025
Trigg 5 FederalLea County, NM0 BBLs12 MCFJan 2025
Warrior BRW State ComLea County, NM643 BBLs1,214 MCFJan 2025
Wicked 17 State ComLea County, NM1,415 BBLs4,301 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Pegasus property.

Company Name
Avant Operating, LLC
Bta Oil Producers
Bta Oil Producers, LLC
Caza Operating, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
Coterra Energy Operating Co.
Devon Energy Production Company LP
EOG Resources, Inc.
Estoril Producing Corporation
Fae II Operating LLC
GMT Exploration Company LLC
Marathon Oil Permian LLC
Matador Production Company
Mewbourne Oil Company
Novo Oil & Gas Northern Delaware, LLC
Oxy USA Inc
Permian Resources Operating, LLC
Regeneration Energy, Corporation

Frac'ing activity on Pegasus

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-44199Pegasus State 23-35 16 251H