Ram 3 B3MD State Com

Oil & Gas Property in Lea County, NM

  2. New Mexico
  3. Lea County, NM
  4. Oil & Gas Properties in Lea County, NM
  5. Ram 3 B3MD State Com Oil & Gas Property

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Property Summary

Key data points for Ram 3 B3MD State Com

CountyLea County, NM
OperatorMEWBOURNE OIL COMPANY
Production DatesJun 2023 - Dec 2024
Total Oil Production166,617 BBLs
Total Gas Production279,302 MCF
Recent Oil Production4,584 BBLs in Dec 2024
Recent Gas Production8,998 MCF in Dec 2024
Wells on Property1

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

Ram 3 B3MD State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ram 3 B3MD State Com
from Jun 2023 to Dec 2024

Wells on Ram 3 B3MD State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-50756RAM 3 B3MD STATE COM 002HMEWBOURNE OIL CONewLea County, NM32.414041-103.464195

Leases included in Ram 3 B3MD State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
333488RAM 3 B3MD STATE COMMEWBOURNE OIL COLea County, NM

Nearby Properties

These are the closest 20 properties to the Ram 3 B3MD State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black Sheep 4 33 BLea County, NM27,308 BBLs98,476 MCFDec 2024
Black Sheep 4 B2Lea County, NM7,110 BBLs34,861 MCFDec 2024
Burgundy 20005 JV-PLea County, NM0 BBLs3,558 MCFDec 2024
Cabra Loca 11 BLea County, NM1,577 BBLs5,311 MCFDec 2024
Cabra Nino 11 BLea County, NM4,692 BBLs13,142 MCFDec 2024
Government ALea County, NM0 BBLs11 MCFDec 2024
Grama 8817Lea County, NM63,771 BBLs98,103 MCFJan 2025
Grama RidgeLea County, NM3,258 BBLs7,875 MCFDec 2024
Grama Ridge East 34Lea County, NM7,972 BBLs29,124 MCFDec 2024
GRM UnitLea County, NM0 BBLs0 MCFNov 2000
Ram 3 B2MD State ComLea County, NM4,841 BBLs21,983 MCFDec 2024
Ram 3 B2NC State ComLea County, NM2,328 BBLs4,764 MCFDec 2024
Ram 3 B2ob State ComLea County, NM3,973 BBLs12,392 MCFDec 2024
Ram 3 B2pa State ComLea County, NM531 BBLs1,637 MCFDec 2024
Ram 3 B3NC State ComLea County, NM2,848 BBLs4,752 MCFDec 2024
Ram 3 B3pa State ComLea County, NM1,142 BBLs1,294 MCFDec 2024
Red Stag 5 32 BLea County, NM41,359 BBLs82,701 MCFDec 2024
Squeeze 2 StateLea County, NM16,903 BBLs52,535 MCFDec 2024
Vitalizer StateLea County, NM2,421 BBLs5,632 MCFDec 2024
Yeah Yeah Federal ComLea County, NM77,854 BBLs330,622 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Ram 3 B3MD State Com property.

Company Name
Avant Operating, LLC
Bta Oil Producers
Bta Oil Producers, LLC
C W Trainer
Chisholm Energy Operating, LLC
Cimarex Energy Co
COG Operating LLC
Earthstone Operating, LLC
EOG Resources, Inc.
Extex Operating Company
Fulfer Oil & Cattle LLC
Great Western Onshore Inc
Hal J Rasmussen Oper Inc
Marathon Oil Permian LLC
Marshall & Winston, Inc.
Mewbourne Oil Company
Permian Resources Operating, LLC
Raybaw Operating, LLC
Samson Resources Company
V-F Petroleum Inc.

Frac'ing activity on Ram 3 B3MD State Com

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-025-50756RAM 3 B3MD STATE COM 2H