Oil & Gas Property in Lea County, NM
Key data points for Pennzoil
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO. OF COLORADO |
| Production Dates | Jan 1993 - Jan 2025 |
| Total Oil Production | 1,136,297 BBLs |
| Total Gas Production | 4,104,351 MCF |
| Recent Oil Production | 338 BBLs in Dec 2024 |
| Recent Gas Production | 2,365 MCF in Dec 2024 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$31,003 *
MarketMultiple™
$51,281 **
* 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 Pennzoil property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Anaconda 11 | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Anaconda 11 14 | Lea County, NM | 8,813 BBLs | 7,719 MCF | Dec 2024 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 1,345 BBLs | 1,841 MCF | Jan 2025 |
| Hamon A Federal Com | Lea County, NM | 12,476 BBLs | 33,041 MCF | Dec 2024 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 3,533 BBLs | 13,138 MCF | Dec 2024 |
| Jade 34 3 2BS | Lea County, NM | 13,019 BBLs | 9,970 MCF | Dec 2024 |
| Jade 34 3 Federal Com | Lea County, NM | 65,370 BBLs | 81,597 MCF | Dec 2024 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Laguna Deep | Lea County, NM | 1,788 BBLs | 7,580 MCF | Jan 2025 |
| Laguna Deep Federal Unit | Lea County, NM | 158 BBLs | 278 MCF | Jan 2025 |
| Ling Federal | Lea County, NM | 315 BBLs | 1,560 MCF | Dec 2024 |
| Mescalero | Lea County, NM | 260 BBLs | 3,271 MCF | Jan 2025 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 558 BBLs | 6,531 MCF | Jan 2025 |
| Red Hawk 32 State | Lea County, NM | 1 BBLs | 0 MCF | Dec 2024 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 362 BBLs | 2,326 MCF | Jan 2025 |
| Smith Ranch | Lea County, NM | 11 BBLs | 1 MCF | Jan 2025 |
| Verna Rae Federal Com | Lea County, NM | 5,252 BBLs | 4,159 MCF | Dec 2024 |
These are the closest 20 companies operating near the Pennzoil property.