Oil & Gas Property in Lea County, NM
Key data points for Pirate State
| County | Lea County, NM |
|---|---|
| Operator | PERMIAN RESOURCES OPERATING, LLC |
| Production Dates | Sep 2014 - Oct 2024 |
| Total Oil Production | 1,279,260 BBLs |
| Total Gas Production | 4,255,210 MCF |
| Recent Oil Production | 5,004 BBLs in Oct 2024 |
| Recent Gas Production | 45,751 MCF in Oct 2024 |
| Wells on Property | 7 |
Our Valuation Estimates for Pirate State
ShaleAssessment™
$8,635 *
MarketMultiple™
$747,239 **
* 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 Pirate State 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 | Nov 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 |
| Picasso Federal | Lea County, NM | 1,552 BBLs | 4,369 MCF | Nov 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 | Nov 2024 |
| Sheba Federal Com | Lea County, NM | 17,545 BBLs | 68,125 MCF | Oct 2024 |
| Solomon Federal Com | Lea County, NM | 17,072 BBLs | 97,631 MCF | Oct 2024 |
| Stonewall 28 Federal Com | Lea County, NM | 204,117 BBLs | 299,364 MCF | Oct 2024 |
| The Contest Federal Com | Lea County, NM | 15,650 BBLs | 60,636 MCF | Oct 2024 |
| Will Kane 15 W | Lea County, NM | 5,487 BBLs | 9,738 MCF | Nov 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 Pirate State property.