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 - Oct 2024 |
| Total Oil Production | 326,099 BBLs |
| Total Gas Production | 913,002 MCF |
| Recent Oil Production | 7,615 BBLs in Oct 2024 |
| Recent Gas Production | 31,578 MCF in Oct 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Ram 3 B2MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$1,633,411 **
* 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 | 31,452 BBLs | 103,414 MCF | Oct 2024 |
| Black Sheep 4 B2 | Lea County, NM | 9,178 BBLs | 42,424 MCF | Oct 2024 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,388 MCF | Oct 2024 |
| Cabra Loca 11 B | Lea County, NM | 1,619 BBLs | 5,443 MCF | Oct 2024 |
| Cabra Nino 11 B | Lea County, NM | 2,472 BBLs | 7,678 MCF | Oct 2024 |
| Government A | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Grama Ridge | Lea County, NM | 2,624 BBLs | 7,001 MCF | Oct 2024 |
| Grama Ridge East 34 | Lea County, NM | 15,257 BBLs | 69,966 MCF | Oct 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2NC State Com | Lea County, NM | 2,309 BBLs | 5,632 MCF | Oct 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 1,774 BBLs | 6,828 MCF | Oct 2024 |
| Ram 3 B2pa State Com | Lea County, NM | 1,664 BBLs | 3,039 MCF | Oct 2024 |
| Ram 3 B3MD State Com | Lea County, NM | 4,311 BBLs | 7,420 MCF | Oct 2024 |
| Ram 3 B3NC State Com | Lea County, NM | 3,523 BBLs | 5,821 MCF | Oct 2024 |
| Ram 3 B3ob State Com | Lea County, NM | 2,026 BBLs | 2,516 MCF | Oct 2024 |
| Ram 3 B3pa State Com | Lea County, NM | 1,117 BBLs | 1,406 MCF | Oct 2024 |
| Red Stag 5 32 B | Lea County, NM | 38,347 BBLs | 66,325 MCF | Oct 2024 |
| Squeeze 2 State | Lea County, NM | 18,307 BBLs | 57,377 MCF | Oct 2024 |
| Vitalizer State | Lea County, NM | 2,964 BBLs | 7,221 MCF | Oct 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 95,151 BBLs | 342,302 MCF | Oct 2024 |
These are the closest 20 companies operating near the Ram 3 B2MD State Com property.