Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B3MD State Com
County | Lea County, NM |
---|---|
Operator | MEWBOURNE OIL COMPANY |
Production Dates | Jun 2023 - Feb 2025 |
Total Oil Production | 174,575 BBLs |
Total Gas Production | 293,269 MCF |
Recent Oil Production | 4,333 BBLs in Feb 2025 |
Recent Gas Production | 6,748 MCF in Feb 2025 |
Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$652,039 **
* 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 B3MD State Com property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Black Sheep 4 33 B | Lea County, NM | 18,933 BBLs | 66,642 MCF | Feb 2025 |
Black Sheep 4 B2 | Lea County, NM | 1,260 BBLs | 2,757 MCF | Feb 2025 |
Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 2,069 MCF | Feb 2025 |
Cabra Loca 11 B | Lea County, NM | 1,326 BBLs | 4,641 MCF | Feb 2025 |
Cabra Nino 11 B | Lea County, NM | 3,071 BBLs | 8,065 MCF | Feb 2025 |
Government A | Lea County, NM | 0 BBLs | 10 MCF | Feb 2025 |
Grama 8817 | Lea County, NM | 30,067 BBLs | 45,252 MCF | Feb 2025 |
Grama Ridge | Lea County, NM | 1,907 BBLs | 4,415 MCF | Feb 2025 |
Grama Ridge East 34 | Lea County, NM | 14,011 BBLs | 50,225 MCF | Feb 2025 |
GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
Ram 3 B2MD State Com | Lea County, NM | 5,938 BBLs | 27,300 MCF | Feb 2025 |
Ram 3 B2NC State Com | Lea County, NM | 500 BBLs | 1,014 MCF | Feb 2025 |
Ram 3 B2ob State Com | Lea County, NM | 4,453 BBLs | 13,541 MCF | Feb 2025 |
Ram 3 B2pa State Com | Lea County, NM | 1,831 BBLs | 4,142 MCF | Feb 2025 |
Ram 3 B3NC State Com | Lea County, NM | 1,222 BBLs | 2,878 MCF | Feb 2025 |
Ram 3 B3pa State Com | Lea County, NM | 1,224 BBLs | 2,735 MCF | Feb 2025 |
Red Stag 5 32 B | Lea County, NM | 29,742 BBLs | 63,899 MCF | Feb 2025 |
Squeeze 2 State | Lea County, NM | 13,485 BBLs | 42,766 MCF | Feb 2025 |
Vitalizer State | Lea County, NM | 2,191 BBLs | 7,733 MCF | Feb 2025 |
Yeah Yeah Federal Com | Lea County, NM | 60,198 BBLs | 274,142 MCF | Feb 2025 |
These are the closest 20 companies operating near the Ram 3 B3MD State Com property.