Oil & Gas Property in Lea County, NM
Key data points for Ragin Cajun 1
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Sep 2014 - Dec 2024 |
| Total Oil Production | 3,069,890 BBLs |
| Total Gas Production | 6,744,507 MCF |
| Recent Oil Production | 216,845 BBLs in Nov 2024 |
| Recent Gas Production | 574,523 MCF in Nov 2024 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$160,722 *
MarketMultiple™
$25,670,780 **
* 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 Ragin Cajun 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Billiken | Lea County, NM | 726 BBLs | 2,219 MCF | Dec 2024 |
| Billiken 6 18 Federal Com | Lea County, NM | 17,072 BBLs | 23,582 MCF | Dec 2024 |
| Blondie 15 3 Federal Com | Lea County, NM | 67,130 BBLs | 131,859 MCF | Dec 2024 |
| Cave Lion 5 | Lea County, NM | 14,572 BBLs | 27,700 MCF | Dec 2024 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,474 BBLs | 2,392 MCF | Dec 2024 |
| Charlie Murphy 6 | Lea County, NM | 9,009 BBLs | 12,224 MCF | Dec 2024 |
| Colossus 18 19 | Lea County, NM | 15,261 BBLs | 25,061 MCF | Dec 2024 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 26,056 BBLs | 63,378 MCF | Nov 2024 |
| Mammoth 1 TB Federal Com | Lea County, NM | 13,304 BBLs | 20,268 MCF | Dec 2024 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,102 BBLs | 3,592 MCF | Dec 2024 |
| Muskie 23 11 Federal Com | Lea County, NM | 152,235 BBLs | 565,853 MCF | Dec 2024 |
| North Blondie 3 15 Federal Com | Lea County, NM | 114,008 BBLs | 399,715 MCF | Dec 2024 |
| Onyx 35 Federal Com | Lea County, NM | 89,647 BBLs | 138,875 MCF | Nov 2024 |
| Opal 36 State | Lea County, NM | 676 BBLs | 3,956 MCF | Nov 2024 |
| Rattlesnake | Lea County, NM | 18 BBLs | 0 MCF | Dec 2024 |
| Ruby 2 State Com | Lea County, NM | 17,964 BBLs | 39,043 MCF | Nov 2024 |
| Square Bill Federal Com | Lea County, NM | 10,683 BBLs | 15,435 MCF | Dec 2024 |
| Thunderbird 1 | Lea County, NM | 18,498 BBLs | 24,116 MCF | Dec 2024 |
| Topaz 11 Federal | Lea County, NM | 2,325 BBLs | 4,495 MCF | Nov 2024 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.