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 - Dec 2024
Total Oil Production582,150 BBLs
Total Gas Production1,266,839 MCF
Recent Oil Production8,053 BBLs in Nov 2024
Recent Gas Production20,707 MCF in Nov 2024
Wells on Property8

Our Valuation Estimates for Pegasus

ShaleAssessment™

Not Available

MarketMultiple™

$1,586,101 **

* 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 Dec 2024

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, NM891 BBLs487 MCFNov 2024
Beowulf 33 State ComLea County, NM3,133 BBLs3,993 MCFNov 2024
Bill AlexanderLea County, NM25,022 BBLs34,771 MCFDec 2024
Donkey Kong 1 Federal ComLea County, NM19,320 BBLs96,326 MCFNov 2024
Duck Hunt 1Lea County, NM19,257 BBLs66,414 MCFNov 2024
Funky Monks 8 Federal ComLea County, NM2,782 BBLs4,416 MCFNov 2024
Hunter 21 StateLea County, NM4,445 BBLs4,901 MCFNov 2024
Irvin Wall State ComLea County, NM0 BBLs0 MCFDec 2024
Jeff Hart State ComLea County, NM14,519 BBLs26,038 MCFDec 2024
Keller 4 StateLea County, NM0 BBLs0 MCFMay 2016
Landreth Federal ComLea County, NM834 BBLs1,148 MCFDec 2024
Lepakast State ComLea County, NM353 BBLs246 MCFDec 2024
Marlan DowneyLea County, NM48,405 BBLs118,059 MCFDec 2024
Red BullLea County, NM1 BBLs0 MCFNov 2024
Red Bull 2Lea County, NM13,691 BBLs19,447 MCFDec 2024
Red Bull 30 31 Federal State ComLea County, NM16,238 BBLs23,033 MCFDec 2024
Righteous 6 State ComLea County, NM3,242 BBLs16,566 MCFNov 2024
Trigg 5 FederalLea County, NM0 BBLs13 MCFNov 2024
Warrior BRW State ComLea County, NM561 BBLs234 MCFNov 2024
Wicked 17 State ComLea County, NM1,370 BBLs4,214 MCFNov 2024

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
Cimarex Energy Co. Of Colorado
COG Operating LLC
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
Oxy USA Inc
Permian Resources Operating, LLC
Regeneration Energy, Corporation