Oil & Gas Property in Lea County, NM
Key data points for Picasso Federal
County | Lea County, NM |
---|---|
Operator | COG OPERATING LLC |
Production Dates | Feb 2015 - Oct 2024 |
Total Oil Production | 269,792 BBLs |
Total Gas Production | 1,502,131 MCF |
Recent Oil Production | 1,552 BBLs in Oct 2024 |
Recent Gas Production | 4,369 MCF in Oct 2024 |
Wells on Property | 4 |
Our Valuation Estimates for Picasso Federal
ShaleAssessment™
$45,732 *
MarketMultiple™
$170,599 **
* 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 Picasso Federal property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Brad Lummis Com | Lea County, NM | 6,876 BBLs | 27,484 MCF | Oct 2024 |
Brad Lummis Federal Com | Lea County, NM | 5,417 BBLs | 23,302 MCF | Oct 2024 |
Carl Mottek Federal | Lea County, NM | 8,455 BBLs | 19,780 MCF | Oct 2024 |
Flowmaster | Lea County, NM | 7,824 BBLs | 30,460 MCF | Oct 2024 |
Galleon 21 Federal | Lea County, NM | 51,276 BBLs | 218,779 MCF | Oct 2024 |
Gramma Ridge 14 24 34 | Lea County, NM | 5,514 BBLs | 11,527 MCF | Oct 2024 |
Jolly Roger 16 State | Lea County, NM | 11,284 BBLs | 39,849 MCF | Oct 2024 |
Juliet Federal Com | Lea County, NM | 23,951 BBLs | 123,977 MCF | Oct 2024 |
Madera 17 Federal | Lea County, NM | 941 BBLs | 1,008 MCF | Oct 2024 |
Mandelbaum Fee | Lea County, NM | 23,991 BBLs | 103,214 MCF | Oct 2024 |
Pirate State | Lea County, NM | 5,004 BBLs | 45,751 MCF | Oct 2024 |
Prodigal Sun 17 24 34 | Lea County, NM | 360 BBLs | 441 MCF | Oct 2024 |
Raider Federal | Lea County, NM | 33,569 BBLs | 212,211 MCF | Oct 2024 |
Romeo Federal Com | Lea County, NM | 4,970 BBLs | 20,210 MCF | Oct 2024 |
Salvador Fee | Lea County, NM | 1,301 BBLs | 2,777 MCF | Oct 2024 |
Sebastian Federal Com | Lea County, NM | 11,953 BBLs | 21,526 MCF | Oct 2024 |
The Contest Federal Com | Lea County, NM | 15,650 BBLs | 60,636 MCF | Oct 2024 |
Van Gogh Fee | Lea County, NM | 2,627 BBLs | 9,818 MCF | Oct 2024 |
Will Kane 15 W | Lea County, NM | 5,487 BBLs | 9,738 MCF | Oct 2024 |
Yukon 20 Federal Com | Lea County, NM | 248,553 BBLs | 861,210 MCF | Oct 2024 |
These are the closest 20 companies operating near the Picasso Federal property.