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 - Dec 2024 |
| Total Oil Production | 1,136,032 BBLs |
| Total Gas Production | 4,102,538 MCF |
| Recent Oil Production | 228 BBLs in Nov 2024 |
| Recent Gas Production | 1,981 MCF in Nov 2024 |
| Wells on Property | 9 |
Our Valuation Estimates for Pennzoil
ShaleAssessment™
$31,353 *
MarketMultiple™
$56,774 **
* 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 | 8,084 BBLs | 7,035 MCF | Nov 2024 |
| Bate Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2007 |
| Gem 8705 JV-P | Lea County, NM | 914 BBLs | 1,293 MCF | Dec 2024 |
| Hamon A Federal Com | Lea County, NM | 12,091 BBLs | 31,150 MCF | Dec 2024 |
| Jade 34 3 1BS Federal Com | Lea County, NM | 13,832 BBLs | 56,191 MCF | Nov 2024 |
| Jade 34 3 2BS | Lea County, NM | 15,471 BBLs | 12,824 MCF | Nov 2024 |
| Jade 34 3 Federal Com | Lea County, NM | 69,438 BBLs | 84,109 MCF | Nov 2024 |
| Jade 34 Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Laguna Deep | Lea County, NM | 1,453 BBLs | 6,777 MCF | Dec 2024 |
| Laguna Deep Federal Unit | Lea County, NM | 162 BBLs | 271 MCF | Dec 2024 |
| Ling Federal | Lea County, NM | 234 BBLs | 1,159 MCF | Dec 2024 |
| Mescalero | Lea County, NM | 159 BBLs | 2,530 MCF | Dec 2024 |
| Python 3 Federal | Lea County, NM | 0 BBLs | 0 MCF | Dec 2022 |
| Quail Ridge 3 | Lea County, NM | 462 BBLs | 5,131 MCF | Dec 2024 |
| Red Hawk 32 State | Lea County, NM | 39 BBLs | 11 MCF | Nov 2024 |
| Sagebrush 24 Federal | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| Smith | Lea County, NM | 263 BBLs | 1,839 MCF | Dec 2024 |
| Smith Ranch | Lea County, NM | 2 BBLs | 0 MCF | Dec 2024 |
| Verna Rae Federal Com | Lea County, NM | 3,297 BBLs | 2,642 MCF | Dec 2024 |
These are the closest 20 companies operating near the Pennzoil property.