Oil & Gas Property in Lea County, NM
Key data points for Phillips State
| County | Lea County, NM |
|---|---|
| Production Dates | Jan 1993 - Nov 2024 |
| Total Oil Production | 27,978 BBLs |
| Total Gas Production | 5,368,591 MCF |
| Recent Oil Production | 26 BBLs in Oct 2024 |
| Recent Gas Production | 7,704 MCF in Oct 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Phillips State
ShaleAssessment™
$965 *
MarketMultiple™
$9,000 **
* 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 |
|---|---|---|---|---|
| Cache River 29 32 State Com | Lea County, NM | 91,201 BBLs | 53,656 MCF | Oct 2024 |
| Dee Osborne 19 | Lea County, NM | 27,118 BBLs | 85,006 MCF | Oct 2024 |
| Dolly Varden 25 24 B | Lea County, NM | 7,343 BBLs | 37,481 MCF | Oct 2024 |
| Eric Cartman 31 State Com | Lea County, NM | 18,839 BBLs | 28,531 MCF | Oct 2024 |
| Grama Ridge 23 State | Lea County, NM | 0 BBLs | 0 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 | 200,112 BBLs | 343,506 MCF | Oct 2024 |
| Osudo 9 State | Lea County, NM | 12 BBLs | 15,705 MCF | Oct 2024 |
| Outland 1 | Lea County, NM | 0 BBLs | 30 MCF | Oct 2024 |
| Outland State Unit | Lea County, NM | 23,168 BBLs | 35,081 MCF | Oct 2024 |
| Outland Wca State Unit 11 2 | Lea County, NM | 1,665 BBLs | 16,612 MCF | Oct 2024 |
| P Q Osudo State Com | Lea County, NM | 112 BBLs | 14,983 MCF | Nov 2024 |
| Quail Hollow 20 State | Lea County, NM | 9 BBLs | 12,037 MCF | Oct 2024 |
| San Simon | Lea County, NM | 49 BBLs | 16,132 MCF | Oct 2024 |
| Wilson | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Wilson Deep Unit | Lea County, NM | 0 BBLs | 2,553 MCF | Oct 2024 |
| Yates A | Lea County, NM | 0 BBLs | 0 MCF | Apr 2023 |
These are the closest 20 companies operating near the Phillips State property.