Rainbow State

Oil Property in Lea County, NM

Property Summary

Key data points for Rainbow State

CountyLea County, NM
OperatorG AND C OPERATING, LLC
Production DatesSep 2005 - Aug 2024
Total Oil Production142,261 BBLs
Total Gas Production0 MCF
Recent Oil Production132 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property4

Our Valuation Estimates for Rainbow State

ShaleAssessment

$14,099 *

MarketMultiple

$17,504 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Rainbow State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rainbow State
from Sep 2005 to Aug 2024

Wells on Rainbow State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-37327RAINBOW STATE 001G and C Operating, LLCActiveLea County, NM32.926361-103.794067
30-025-37328RAINBOW STATE 002G and C Operating, LLCActiveLea County, NM32.926350-103.789764
30-025-37329RAINBOW STATE 003G and C Operating, LLCActiveLea County, NM32.926342-103.785484
30-025-37330RAINBOW STATE 004G and C Operating, LLCActiveLea County, NM32.922730-103.794067

Leases included in Rainbow State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
313169RAINBOW STATEG and C Operating, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Rainbow State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amoco FederalEddy County, NM14 BBLs0 MCFAug 2024
Anderson RanchLea County, NM913 BBLs489 MCFSep 2024
Brinson StateEddy County, NM16 BBLs0 MCFAug 2024
Bunker Hill Water Flood UnitEddy County, NM87 BBLs0 MCFAug 2024
Catfish StateEddy County, NM53 BBLs0 MCFAug 2024
Green StarLea County, NM1 BBLs0 MCFAug 2024
Herring FeeLea County, NM55 BBLs0 MCFAug 2024
Lea CR State NCT-ALea County, NM0 BBLs0 MCFFeb 1998
Marlin StateEddy County, NM246 BBLs30 MCFAug 2024
Matador 19 StateLea County, NM148 BBLs0 MCFAug 2024
Mesa QueenLea County, NM0 BBLs0 MCFAug 2010
Mobil StateEddy County, NM0 BBLs0 MCFApr 2023
Moray FederalEddy County, NM13 BBLs0 MCFAug 2024
Rancho Verde 10 StateLea County, NM0 BBLs0 MCFSep 2024
RattletrapLea County, NM96 BBLs0 MCFAug 2024
Robinson UnitEddy County, NM0 BBLs0 MCFDec 1995
Schooner B StateLea County, NM88 BBLs0 MCFSep 2024
TexmackLea County, NM0 BBLs0 MCFMar 2024
Tipton UnitLea County, NM104 BBLs0 MCFAug 2024
Trout StateLea County, NM112 BBLs0 MCFAug 2024