Oil & Gas Property in Lea County, NM
Key data points for Raider 9 State
| County | Lea County, NM |
|---|---|
| Operator | CML EXPLORATION, LLC |
| Production Dates | May 2017 - Oct 2024 |
| Total Oil Production | 223,463 BBLs |
| Total Gas Production | 614,580 MCF |
| Recent Oil Production | 1,380 BBLs in Sep 2024 |
| Recent Gas Production | 5,353 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Raider 9 State
ShaleAssessment™
$21,181 *
MarketMultiple™
$212,409 **
* 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 Raider 9 State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Abenaki 10 State | Lea County, NM | 480 BBLs | 1,315 MCF | Oct 2024 |
| Aztec State | Lea County, NM | 0 BBLs | 0 MCF | Dec 2013 |
| Barracuda | Lea County, NM | 365 BBLs | 1,151 MCF | Sep 2024 |
| Beams 15 State | Lea County, NM | 411 BBLs | 606 MCF | Oct 2024 |
| Caprock Maljamar Unit | Lea County, NM | 1,888 BBLs | 0 MCF | Sep 2024 |
| Caprock Yeso Area Cya C | Lea County, NM | 2,783 BBLs | 2,413 MCF | Sep 2024 |
| Danjer 22 10 State Com | Lea County, NM | 8,554 BBLs | 19,267 MCF | Sep 2024 |
| DR Pi Federal Unit 17 8 Da 012H | Lea County, NM | 27,658 BBLs | 170,667 MCF | Sep 2024 |
| Leamex | Lea County, NM | 1,076 BBLs | 1,994 MCF | Sep 2024 |
| Leamex Battery 2 | Lea County, NM | 0 BBLs | 0 MCF | Aug 2022 |
| Martin 11 State | Lea County, NM | 518 BBLs | 717 MCF | Oct 2024 |
| Oakmont 11 10 State Com | Lea County, NM | 4,705 BBLs | 5,245 MCF | Sep 2024 |
| Paddy | Lea County, NM | 1,098 BBLs | 720 MCF | Oct 2024 |
| Pebble 8 7 State Com | Lea County, NM | 33,881 BBLs | 54,023 MCF | Sep 2024 |
| Petrus D | Lea County, NM | 0 BBLs | 0 MCF | Jan 2016 |
| Phillips | Lea County, NM | 361 BBLs | 242 MCF | Sep 2024 |
| Shahara State Unit | Lea County, NM | 0 BBLs | 0 MCF | Aug 2023 |
| Shell State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2022 |
| State | Lea County, NM | 16 BBLs | 0 MCF | Oct 2024 |
| Valhalla 9 8 State | Lea County, NM | 21,163 BBLs | 21,331 MCF | Sep 2024 |
These are the closest 20 companies operating near the Raider 9 State property.