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 - Sep 2024 |
| Total Oil Production | 2,375,008 BBLs |
| Total Gas Production | 4,935,306 MCF |
| Recent Oil Production | 300,774 BBLs in Sep 2024 |
| Recent Gas Production | 645,696 MCF in Sep 2024 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$167,990 *
MarketMultiple™
$18,146,336 **
* 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 | 754 BBLs | 3,622 MCF | Sep 2024 |
| Billiken 6 18 Federal Com | Lea County, NM | 16,968 BBLs | 23,598 MCF | Sep 2024 |
| Blondie 15 3 Federal Com | Lea County, NM | 61,990 BBLs | 114,412 MCF | Sep 2024 |
| Cave Lion 5 | Lea County, NM | 15,670 BBLs | 29,535 MCF | Oct 2024 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,561 BBLs | 2,399 MCF | Oct 2024 |
| Charlie Murphy 6 | Lea County, NM | 10,055 BBLs | 14,117 MCF | Oct 2024 |
| Colossus 18 19 | Lea County, NM | 16,336 BBLs | 27,020 MCF | Oct 2024 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 27,012 BBLs | 69,674 MCF | Oct 2024 |
| Mammoth 1 TB Federal Com | Lea County, NM | 15,567 BBLs | 23,591 MCF | Oct 2024 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 3,095 BBLs | 3,620 MCF | Oct 2024 |
| Muskie 23 11 Federal Com | Lea County, NM | 99,065 BBLs | 305,204 MCF | Sep 2024 |
| Onyx 35 Federal Com | Lea County, NM | 113,042 BBLs | 176,526 MCF | Sep 2024 |
| Opal 36 State | Lea County, NM | 677 BBLs | 4,026 MCF | Sep 2024 |
| Railsplitter 15 22 Federal Com | Lea County, NM | 65,723 BBLs | 268,534 MCF | Sep 2024 |
| Rattlesnake | Lea County, NM | 903 BBLs | 1,059 MCF | Sep 2024 |
| Ruby 2 State Com | Lea County, NM | 19,667 BBLs | 64,624 MCF | Sep 2024 |
| Square Bill Federal Com | Lea County, NM | 17,283 BBLs | 33,470 MCF | Oct 2024 |
| Thunderbird 1 | Lea County, NM | 23,648 BBLs | 34,900 MCF | Oct 2024 |
| Topaz 11 Federal | Lea County, NM | 1,806 BBLs | 4,545 MCF | Sep 2024 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.