Oil & Gas Property in Lea County, NM
Key data points for Ram 3 B3NC State Com
| County | Lea County, NM |
|---|---|
| Operator | MEWBOURNE OIL COMPANY |
| Production Dates | Aug 2022 - Sep 2024 |
| Total Oil Production | 200,080 BBLs |
| Total Gas Production | 273,850 MCF |
| Recent Oil Production | 2,513 BBLs in Sep 2024 |
| Recent Gas Production | 4,861 MCF in Sep 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Ram 3 B3NC State Com
ShaleAssessment™
Not Available
MarketMultiple™
$620,832 **
* 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 B3NC State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Black Sheep 4 33 B | Lea County, NM | 28,187 BBLs | 90,094 MCF | Sep 2024 |
| Black Sheep 4 B2 | Lea County, NM | 9,250 BBLs | 42,214 MCF | Sep 2024 |
| Cabra Loca 11 B | Lea County, NM | 1,535 BBLs | 4,810 MCF | Sep 2024 |
| Cabra Nino 11 B | Lea County, NM | 3,733 BBLs | 10,151 MCF | Sep 2024 |
| Chorizo 12 State Com 601H | Lea County, NM | 2,782 BBLs | 8,304 MCF | Oct 2024 |
| Getty 1 State | Lea County, NM | 5 BBLs | 0 MCF | Sep 2024 |
| Government A | Lea County, NM | 0 BBLs | 19 MCF | Sep 2024 |
| Grama Ridge | Lea County, NM | 3,598 BBLs | 9,679 MCF | Oct 2024 |
| Grama Ridge East 34 | Lea County, NM | 16,092 BBLs | 67,469 MCF | Oct 2024 |
| GRM Unit | Lea County, NM | 0 BBLs | 0 MCF | Nov 2000 |
| Ram 3 B2MD State Com | Lea County, NM | 7,854 BBLs | 39,839 MCF | Sep 2024 |
| Ram 3 B2NC State Com | Lea County, NM | 2,208 BBLs | 5,795 MCF | Sep 2024 |
| Ram 3 B2ob State Com | Lea County, NM | 4,772 BBLs | 16,752 MCF | Sep 2024 |
| Ram 3 B2pa State Com | Lea County, NM | 2,137 BBLs | 3,605 MCF | Sep 2024 |
| Ram 3 B3MD State Com | Lea County, NM | 4,537 BBLs | 9,757 MCF | Sep 2024 |
| Ram 3 B3ob State Com | Lea County, NM | 2,771 BBLs | 3,365 MCF | Sep 2024 |
| Ram 3 B3pa State Com | Lea County, NM | 1,209 BBLs | 1,331 MCF | Sep 2024 |
| Red Stag 5 32 B | Lea County, NM | 43,320 BBLs | 86,228 MCF | Sep 2024 |
| Squeeze 2 State | Lea County, NM | 18,944 BBLs | 56,797 MCF | Oct 2024 |
| Yeah Yeah Federal Com | Lea County, NM | 96,307 BBLs | 282,669 MCF | Oct 2024 |
These are the closest 20 companies operating near the Ram 3 B3NC State Com property.