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 - Jan 2025 |
| Total Oil Production | 170,242 BBLs |
| Total Gas Production | 286,521 MCF |
| Recent Oil Production | 3,625 BBLs in Jan 2025 |
| Recent Gas Production | 7,219 MCF in Jan 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3MD State Com
ShaleAssessment™
Not Available
MarketMultiple™
$678,755 **
* 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 | 18,318 BBLs | 62,343 MCF | Jan 2025 |
| Black Sheep 4 B2 | Lea County, NM | 3,905 BBLs | 15,015 MCF | Jan 2025 |
| Burgundy 20005 JV-P | Lea County, NM | 0 BBLs | 3,236 MCF | Jan 2025 |
| Cabra Loca 11 B | Lea County, NM | 1,329 BBLs | 5,113 MCF | Jan 2025 |
| Cabra Nino 11 B | Lea County, NM | 2,536 BBLs | 8,029 MCF | Jan 2025 |
| Government A | Lea County, NM | 0 BBLs | 16 MCF | Jan 2025 |
| Grama Ridge | Lea County, NM | 2,363 BBLs | 5,723 MCF | Jan 2025 |
| Grama Ridge East 34 | Lea County, NM | 15,716 BBLs | 50,222 MCF | Jan 2025 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 4,186 BBLs | 18,928 MCF | Jan 2025 |
| Ram 3 B2NC State Com | Lea County, NM | 2,351 BBLs | 7,291 MCF | Jan 2025 |
| Ram 3 B2ob State Com | Lea County, NM | 4,063 BBLs | 14,159 MCF | Jan 2025 |
| Ram 3 B2pa State Com | Lea County, NM | 974 BBLs | 2,294 MCF | Jan 2025 |
| Ram 3 B3NC State Com | Lea County, NM | 3,114 BBLs | 6,217 MCF | Jan 2025 |
| Ram 3 B3ob State Com | Lea County, NM | 2,114 BBLs | 3,048 MCF | Jan 2025 |
| Ram 3 B3pa State Com | Lea County, NM | 669 BBLs | 880 MCF | Jan 2025 |
| Red Stag 5 32 B | Lea County, NM | 40,678 BBLs | 85,054 MCF | Jan 2025 |
| Squeeze 2 State | Lea County, NM | 13,479 BBLs | 44,439 MCF | Jan 2025 |
| Vitalizer State | Lea County, NM | 2,131 BBLs | 5,902 MCF | Jan 2025 |
| Yeah Yeah Federal Com | Lea County, NM | 71,121 BBLs | 310,516 MCF | Jan 2025 |
These are the closest 20 companies operating near the Ram 3 B3MD State Com property.