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 - Jan 2025 |
| Total Oil Production | 3,194,109 BBLs |
| Total Gas Production | 7,034,280 MCF |
| Recent Oil Production | 124,219 BBLs in Jan 2025 |
| Recent Gas Production | 289,773 MCF in Jan 2025 |
| Wells on Property | 22 |
Our Valuation Estimates for Ragin Cajun 1
ShaleAssessment™
$158,937 *
MarketMultiple™
$25,173,803 **
* 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 | 0 BBLs | 14 MCF | Jan 2025 |
| Billiken 6 18 Federal Com | Lea County, NM | 18,821 BBLs | 47,527 MCF | Jan 2025 |
| Blondie 15 3 Federal Com | Lea County, NM | 49,791 BBLs | 92,140 MCF | Jan 2025 |
| Cave Lion 5 | Lea County, NM | 13,540 BBLs | 25,285 MCF | Jan 2025 |
| Cave Lion 5 Wxy Federal 0 | Lea County, NM | 1,357 BBLs | 1,671 MCF | Jan 2025 |
| Charlie Murphy 6 | Lea County, NM | 6,302 BBLs | 9,336 MCF | Jan 2025 |
| Colossus 18 19 | Lea County, NM | 14,977 BBLs | 24,639 MCF | Jan 2025 |
| Dean Apq Federal | Lea County, NM | 0 BBLs | 0 MCF | Jun 2023 |
| Love Shack Federal Com | Lea County, NM | 24,360 BBLs | 64,413 MCF | Jan 2025 |
| Mammoth 1 TB Federal Com | Lea County, NM | 11,837 BBLs | 18,788 MCF | Jan 2025 |
| Mammoth 1 Wa Federal Com | Lea County, NM | 2,731 BBLs | 4,101 MCF | Jan 2025 |
| Muskie 23 11 Federal Com | Lea County, NM | 117,633 BBLs | 460,478 MCF | Jan 2025 |
| North Blondie 3 15 Federal Com | Lea County, NM | 53,908 BBLs | 219,966 MCF | Jan 2025 |
| Onyx 35 Federal Com | Lea County, NM | 83,307 BBLs | 129,709 MCF | Jan 2025 |
| Opal 36 State | Lea County, NM | 680 BBLs | 3,972 MCF | Jan 2025 |
| Rattlesnake | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Ruby 2 State Com | Lea County, NM | 18,065 BBLs | 37,017 MCF | Jan 2025 |
| Square Bill Federal Com | Lea County, NM | 14,758 BBLs | 18,746 MCF | Jan 2025 |
| Thunderbird 1 | Lea County, NM | 16,937 BBLs | 23,039 MCF | Jan 2025 |
| Topaz 11 Federal | Lea County, NM | 2,122 BBLs | 4,918 MCF | Jan 2025 |
These are the closest 20 companies operating near the Ragin Cajun 1 property.