Pennzoil

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Pennzoil

CountyLea County, NM
OperatorCIMAREX ENERGY CO. OF COLORADO
Production DatesJan 1993 - Aug 2024
Total Oil Production1,134,886 BBLs
Total Gas Production4,092,115 MCF
Recent Oil Production542 BBLs in Aug 2024
Recent Gas Production4,156 MCF in Aug 2024
Wells on Property9

Our Valuation Estimates for Pennzoil

ShaleAssessment™

$33,105 *

MarketMultiple™

$60,892 **

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

Based on a decimal interest

Pennzoil Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pennzoil
from Jan 1993 to Aug 2024

Wells on Pennzoil

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-29918PENNZOIL 36 STATE 001CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.614842-103.610443
30-025-35971PENNZOIL 36 STATE COM 002CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.621018-103.612206
30-025-37991PENNZOIL B 36 STATE 001CIMAREX ENERGY CO. OF COLORADOPlugged (Not Released)Lea County, NM32.618458-103.610428
30-025-38300PENNZOIL B 36 STATE 002CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.615753-103.614723
30-025-38558PENNZOIL B 36 STATE 003CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.618462-103.614716
30-025-38559PENNZOIL B 36 STATE 004CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.612125-103.614739
30-025-38560PENNZOIL B 36 STATE 005CIMAREX ENERGY CO. OF COLORADOActiveLea County, NM32.611214-103.610451
30-025-38624PENNZOIL B 36 STATE 007CIMAREX ENERGY CO. OF COLORADOPluggedLea County, NM32.621346-103.610420
30-025-38635PENNZOIL B 36 STATE 006CIMAREX ENERGY CO. OF COLORADOCancelledLea County, NM32.622093-103.614733

Leases included in Pennzoil

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
29035PENNZOIL 36 STATECIMAREX ENERGY CO. OF COLORADOLea County, NM
29894PENNZOIL 36 STATE COMCIMAREX ENERGY CO. OF COLORADOLea County, NM
35758PENNZOIL B 36 STATECIMAREX ENERGY CO. OF COLORADOLea County, NM

Nearby Properties

These are the closest 20 properties to the Pennzoil property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Anaconda 11Lea County, NM0 BBLs0 MCFDec 2022
Anaconda 11 14Lea County, NM7,487 BBLs7,347 MCFAug 2024
Bate FederalLea County, NM0 BBLs0 MCFJun 2007
Gem 8705 JV-PLea County, NM1,091 BBLs1,527 MCFAug 2024
Hamon A Federal ComLea County, NM12,706 BBLs33,964 MCFAug 2024
Jade 34 3 1BS Federal ComLea County, NM17,005 BBLs44,581 MCFAug 2024
Jade 34 3 2BSLea County, NM13,548 BBLs9,644 MCFAug 2024
Jade 34 3 Federal ComLea County, NM73,785 BBLs78,440 MCFAug 2024
Jade 34 FederalLea County, NM0 BBLs0 MCFMar 2024
Laguna DeepLea County, NM1,990 BBLs7,688 MCFAug 2024
Laguna Deep Federal UnitLea County, NM507 BBLs332 MCFAug 2024
Ling FederalLea County, NM93 BBLs548 MCFAug 2024
MescaleroLea County, NM252 BBLs2,519 MCFAug 2024
Python 3 FederalLea County, NM0 BBLs0 MCFDec 2022
Quail Ridge 3Lea County, NM531 BBLs6,489 MCFAug 2024
Red Hawk 32 StateLea County, NM21 BBLs6 MCFAug 2024
Sagebrush 24 FederalLea County, NM0 BBLs0 MCFApr 2022
SmithLea County, NM420 BBLs2,441 MCFAug 2024
Smith RanchLea County, NM21 BBLs0 MCFAug 2024
Verna Rae Federal ComLea County, NM4,536 BBLs4,182 MCFAug 2024

Companies in the Area

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

Company Name
3R Operating , LLC
Avant Operating, LLC
Bta Oil Producers
Bta Oil Producers, LLC
BXP Operating, LLC
Chesapeake Operating, Inc.
Chevron USA Inc
Cimarex Energy Co. Of Colorado
COG Operating LLC
Devon Energy Production Company LP
Earthstone Operating, LLC
Fasken Oil And Ranch, LTD.
Legacy Reserves Operating LP
Matador Production Company
Merit Energy Company, LLC
Mewbourne Oil Company
Murchison Oil And Gas, LLC
Nearburg Producing Company
Shackelford Oil Co
Spur Energy Partners LLC