Pennzoil Federal

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Pennzoil Federal

CountyLea County, NM
Production DatesJan 1993 - Feb 2025
Total Oil Production227,630 BBLs
Total Gas Production1,387,656 MCF
Recent Oil Production171 BBLs in Feb 2025
Recent Gas Production0 MCF in Feb 2025
Wells on Property4

Our Valuation Estimates for Pennzoil Federal

ShaleAssessment™

$9,725 *

MarketMultiple™

$16,705 **

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

Based on a decimal interest

Pennzoil Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pennzoil Federal
from Jan 1993 to Feb 2025

Wells on Pennzoil Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-26498PENNZOIL FEDERAL 001NEARBURG PRODUCING COPluggedLea County, NM32.687901-103.610199
30-025-26499PENNZOIL FEDERAL 002Earthstone Operating, LLCTemporary Abandonment (Expired)Lea County, NM32.676468-103.610237
30-025-33840PENNZOIL FEDERAL 003Earthstone Operating, LLCActiveLea County, NM32.691040-103.610184
30-025-38022PENNZOIL FEDERAL 005Earthstone Operating, LLCNewLea County, NM32.695068-103.614464

Leases included in Pennzoil Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.
332615PENNZOIL FEDERALEarthstone Operating, LLCLea County, NM
8414PENNZOIL FEDERALNEARBURG PRODUCING COLea County, NM

Operators Associated With Pennzoil Federal

Nearby Properties

These are the closest 20 properties to the Pennzoil Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bison 12 FederalLea County, NM1 BBLs5,909 MCFFeb 2025
BuffaloLea County, NM17 BBLs28 MCFFeb 2025
Buffalo 12 1 FederalLea County, NM7,922 BBLs22,249 MCFFeb 2025
Buffalo 2Lea County, NM48 BBLs0 MCFFeb 2025
Buffalo West 2 StateLea County, NM1,377 BBLs1,828 MCFFeb 2025
Ek 30 BS2 Federal ComLea County, NM1,674 BBLs6,086 MCFFeb 2025
Ek 31 BS2 Federal ComLea County, NM862 BBLs1,083 MCFFeb 2025
La Rica 32 StateLea County, NM0 BBLs0 MCFDec 1994
La Rica FederalLea County, NM0 BBLs0 MCFMar 2023
McElvainLea County, NM945 BBLs1,319 MCFFeb 2025
MescaleroLea County, NM207 BBLs186 MCFFeb 2025
Mescalero 7 6Lea County, NM19,438 BBLs56,186 MCFFeb 2025
PipelineLea County, NM416 BBLs572 MCFFeb 2025
Pipeline DeepLea County, NM825 BBLs12,258 MCFFeb 2025
Ram 2 11 1BS Federal ComLea County, NM2,225 BBLs8,829 MCFFeb 2025
Ram 2 11 2BS Federal ComLea County, NM3,150 BBLs8,343 MCFFeb 2025
Ram 2 11 Federal ComLea County, NM8,354 BBLs21,464 MCFFeb 2025
Scout 1Lea County, NM0 BBLs0 MCFAug 2017
Stetson 13 2Lea County, NM5,076 BBLs11,837 MCFFeb 2025
Wapiti 3Lea County, NM50 BBLs11 MCFFeb 2025

Companies in the Area

These are the closest 20 companies operating near the Pennzoil Federal property.

Company Name
C W Trainer
Chesapeake Operating, Inc.
Cimarex Energy Co. Of Colorado
Conoco Inc.
Earthstone Operating, LLC
Kaiser-Francis Oil Company
Matador Operating Company
Matador Production Company
McElvain Energy Inc
Nearburg Producing Company
Oxy USA Inc
Paloma Permian Assetco, LLC
Permian Resources, Inc.
Pogo Producing Company
Prima Exploration, Inc.
Rhombus Operating Co., LTD
Roca Operating, Inc.
Seely Oil Company
Tom Brown Inc
Union Oil Co Of California