Phillips State

Oil & Gas Property in Lea County, NM

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

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Property Summary

Key data points for Phillips State

CountyLea County, NM
Production DatesJan 1993 - Sep 2024
Total Oil Production27,932 BBLs
Total Gas Production5,354,323 MCF
Recent Oil Production0 BBLs in Sep 2024
Recent Gas Production595 MCF in Sep 2024
Wells on Property3

Our Valuation Estimates for Phillips State

ShaleAssessment™

$992 *

MarketMultiple™

$9,469 **

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

Based on a decimal interest

Phillips State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Phillips State
from Jan 1993 to Sep 2024

Wells on Phillips State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-02549PHILLIPS STATE 001HAL J RASMUSSEN OPER INCPluggedLea County, NM32.480831-103.438507
30-025-30956PHILLIPS STATE 001COG OPERATING LLCPlugged (Not Released)Lea County, NM32.474495-103.387535
30-025-36393PHILLIPS STATE 002COG OPERATING LLCActiveLea County, NM32.477222-103.394020

Leases included in Phillips State

Lease #Lease NameOperatorCountyMonthly Gas Prod.
14042PHILLIPS STATEHAL J RASMUSSEN OPER INCLea County, NM
310263PHILLIPS STATECOG OPERATING LLCLea County, NM

Operators Associated With Phillips State

Nearby Properties

These are the closest 20 properties to the Phillips State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bruce Keplinger 13 State ComLea County, NM1,017 BBLs2,478 MCFSep 2024
Cache River 29 32 State ComLea County, NM0 BBLs0 MCFAug 2024
Dee Osborne 19Lea County, NM58,841 BBLs180,226 MCFSep 2024
Dolly Varden 25 24 BLea County, NM10,844 BBLs52,576 MCFSep 2024
Eric Cartman 31 State ComLea County, NM0 BBLs0 MCFAug 2024
Grama Ridge 23 StateLea County, NM0 BBLs0 MCFAug 2024
Hunger Buster StateLea County, NM0 BBLs0 MCFApr 2008
Kaiser StateLea County, NM0 BBLs0 MCFDec 2014
Mary 12 State ComLea County, NM0 BBLs0 MCFJun 2024
New Mexico BZ StateLea County, NM0 BBLs0 MCFJun 2008
North Wilson Deep UnitLea County, NM161,274 BBLs263,022 MCFSep 2024
Osudo 9 StateLea County, NM5 BBLs18,288 MCFSep 2024
Outland 1Lea County, NM0 BBLs0 MCFAug 2024
Outland State UnitLea County, NM0 BBLs0 MCFAug 2024
P Q Osudo State ComLea County, NM122 BBLs14,507 MCFSep 2024
Quail Hollow 20 StateLea County, NM55 BBLs15,198 MCFSep 2024
San SimonLea County, NM31 BBLs20,783 MCFSep 2024
WilsonLea County, NM0 BBLs0 MCFAug 2023
Wilson Deep UnitLea County, NM0 BBLs0 MCFAug 2024
Yates ALea County, NM0 BBLs0 MCFApr 2023

Companies in the Area

These are the closest 20 companies operating near the Phillips State property.

Company Name
Bta Oil Producers
Chesapeake Operating, Inc.
Chisholm Energy Operating, LLC
Cimarex Energy Co. Of Colorado
COG Operating LLC
Devon Energy Operating Co., L.P.
Devon Energy Production Company LP
Devon SFS Operating Inc
Earthstone Operating, LLC
EOG Resources Inc
Forest Oil Permian Corporation
Fulfer Oil & Cattle LLC
Hal J Rasmussen Oper Inc
Kaiser-Francis Oil Company
Matador Operating Company
Matador Production Company
Mesquite SWD Inc
Mewbourne Oil Company
Nearburg Producing Company
Pronghorn Management Corporation