Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B2MD State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Jun 2023 - Aug 2024 |
| Total Oil Production | 310,630 BBLs |
| Total Gas Production | 841,585 MCF |
| Recent Oil Production | 8,942 BBLs in Aug 2024 |
| Recent Gas Production | 42,371 MCF in Aug 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Ram 3 B2MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$2,060,128 **
* 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 Ram 3 B2MD State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Sheep 4 33 B | Lea County, NM | 30,615 BBLs | 93,495 MCF | Aug 2024 |
| Black Sheep 4 B2 | Lea County, NM | 10,891 BBLs | 37,555 MCF | Aug 2024 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,564 MCF | Aug 2024 |
| Cabra Loca 11 B | Lea County, NM | 1,583 BBLs | 4,930 MCF | Aug 2024 |
| Cabra Nino 11 B | Lea County, NM | 4,947 BBLs | 11,248 MCF | Aug 2024 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Grama Ridge | Lea County, NM | 3,880 BBLs | 10,788 MCF | Aug 2024 |
| Grama Ridge East 34 | Lea County, NM | 18,710 BBLs | 75,926 MCF | Aug 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2NC State Com | Lea County, NM | 3,477 BBLs | 7,385 MCF | Aug 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 3,923 BBLs | 13,519 MCF | Aug 2024 |
| Ram 3 B2pa State Com | Lea County, NM | 532 BBLs | 1,037 MCF | Aug 2024 |
| Ram 3 B3MD State Com | Lea County, NM | 4,937 BBLs | 9,956 MCF | Aug 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 3,834 BBLs | 6,830 MCF | Aug 2024 |
| Ram 3 B3ob State Com | Lea County, NM | 1,872 BBLs | 1,739 MCF | Aug 2024 |
| Ram 3 B3pa State Com | Lea County, NM | 1,238 BBLs | 1,383 MCF | Aug 2024 |
| Red Stag 5 32 B | Lea County, NM | 46,509 BBLs | 83,546 MCF | Aug 2024 |
| Squeeze 2 State | Lea County, NM | 20,261 BBLs | 56,062 MCF | Aug 2024 |
| Vitalizer State | Lea County, NM | 3,371 BBLs | 6,801 MCF | Aug 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 88,008 BBLs | 241,340 MCF | Aug 2024 |
These are the closest 20 companies operating near the Ram 3 B2MD State Com property.