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 - Oct 2024 |
| Total Oil Production | 1,135,466 BBLs |
| Total Gas Production | 4,098,179 MCF |
| Recent Oil Production | 236 BBLs in Oct 2024 |
| Recent Gas Production | 2,414 MCF in Oct 2024 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$32,242 *
MarketMultiple™
$61,032 **
* 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 | 5,515 BBLs | 5,313 MCF | Oct 2024 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 1,214 BBLs | 1,819 MCF | Nov 2024 |
| Hamon A Federal Com | Lea County, NM | 13,032 BBLs | 33,354 MCF | Oct 2024 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 15,133 BBLs | 54,808 MCF | Oct 2024 |
| Jade 34 3 2BS | Lea County, NM | 16,107 BBLs | 13,269 MCF | Oct 2024 |
| Jade 34 3 Federal Com | Lea County, NM | 79,234 BBLs | 90,864 MCF | Oct 2024 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Laguna Deep | Lea County, NM | 1,610 BBLs | 7,568 MCF | Oct 2024 |
| Laguna Deep Federal Unit | Lea County, NM | 167 BBLs | 303 MCF | Oct 2024 |
| Ling Federal | Lea County, NM | 294 BBLs | 1,757 MCF | Nov 2024 |
| Mescalero | Lea County, NM | 189 BBLs | 2,129 MCF | Oct 2024 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 533 BBLs | 5,652 MCF | Oct 2024 |
| Red Hawk 32 State | Lea County, NM | 42 BBLs | 3 MCF | Oct 2024 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 167 BBLs | 1,047 MCF | Oct 2024 |
| Smith Ranch | Lea County, NM | 12 BBLs | 0 MCF | Nov 2024 |
| Verna Rae Federal Com | Lea County, NM | 4,347 BBLs | 3,780 MCF | Oct 2024 |
These are the closest 20 companies operating near the Pennzoil property.