Oil & Gas Property in Lea County, NM
Key data points for Phillips State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Oct 2024 |
| Total Oil Production | 27,958 BBLs |
| Total Gas Production | 5,362,027 MCF |
| Recent Oil Production | 0 BBLs in Sep 2024 |
| Recent Gas Production | 595 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Phillips State
ShaleAssessment™
$979 *
MarketMultiple™
$10,719 **
* 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 Phillips State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bruce Keplinger 13 State Com | Lea County, NM | 1,017 BBLs | 2,478 MCF | Oct 2024 |
| Cache River 29 32 State Com | Lea County, NM | 103,680 BBLs | 54,759 MCF | Sep 2024 |
| Dee Osborne 19 | Lea County, NM | 58,841 BBLs | 180,226 MCF | Oct 2024 |
| Dolly Varden 25 24 B | Lea County, NM | 10,844 BBLs | 52,576 MCF | Sep 2024 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 56 MCF | Sep 2024 |
| Hunger Buster State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2008 |
| Kaiser State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2014 |
| Mary 12 State Com | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| New Mexico BZ State | Lea County, NM | 0 BBLs | 0 MCF | Jun 2008 |
| North Wilson Deep Unit | Lea County, NM | 161,274 BBLs | 263,022 MCF | Sep 2024 |
| Osudo 9 State | Lea County, NM | 5 BBLs | 18,288 MCF | Sep 2024 |
| Outland 1 | Lea County, NM | 0 BBLs | 91 MCF | Oct 2024 |
| Outland 14 23 State Com 2BS | Lea County, NM | 2,458 BBLs | 7,743 MCF | Sep 2024 |
| Outland State Unit | Lea County, NM | 27,186 BBLs | 46,665 MCF | Oct 2024 |
| P Q Osudo State Com | Lea County, NM | 122 BBLs | 14,507 MCF | Oct 2024 |
| Quail Hollow 20 State | Lea County, NM | 55 BBLs | 15,198 MCF | Sep 2024 |
| San Simon | Lea County, NM | 31 BBLs | 20,823 MCF | Sep 2024 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 2,432 MCF | Sep 2024 |
| Yates A | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
These are the closest 20 companies operating near the Phillips State property.