Oil & Gas Property in Lea County, NM
Key data points for Rambo E2 08 17 State Com
| County | Lea County, NM |
|---|---|
| Operator | FRANKLIN MOUNTAIN ENERGY 3, LLC |
| Production Dates | Jun 2022 - Dec 2024 |
| Total Oil Production | 420,662 BBLs |
| Total Gas Production | 265,928 MCF |
| Recent Oil Production | 6,109 BBLs in Nov 2024 |
| Recent Gas Production | 4,800 MCF in Nov 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Rambo E2 08 17 State Com
ShaleAssessment™
Not Available
MarketMultiple™
$1,140,268 **
* 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 Rambo E2 08 17 State Com property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Airstrip | Lea County, NM | 913 BBLs | 337 MCF | Dec 2024 |
| Airstrip 31 | Lea County, NM | 2,574 BBLs | 1,765 MCF | Dec 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 560 BBLs | 283 MCF | Dec 2024 |
| Alpha State Com | Lea County, NM | 3,422 BBLs | 3,186 MCF | Dec 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 47,041 BBLs | 43,222 MCF | Nov 2024 |
| Cable 19 35 | Lea County, NM | 4,183 BBLs | 3,444 MCF | Dec 2024 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Eagle State Com | Lea County, NM | 21,646 BBLs | 21,789 MCF | Dec 2024 |
| Elkan | Lea County, NM | 0 BBLs | 0 MCF | Mar 1996 |
| Foxtail State Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Hibiscus 08 19 35 RN State Com | Lea County, NM | 937 BBLs | 1,296 MCF | Dec 2024 |
| Ironhouse 3 | Lea County, NM | 0 BBLs | 0 MCF | Sep 2024 |
| Jackson 5 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2018 |
| New Mexico DD State | Lea County, NM | 1 BBLs | 0 MCF | Nov 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Peoples 3 | Lea County, NM | 0 BBLs | 0 MCF | Oct 2005 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Smith 5 | Lea County, NM | 0 BBLs | 0 MCF | May 1996 |
| Sprinkle Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2007 |
| Vacuum State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2007 |
These are the closest 20 companies operating near the Rambo E2 08 17 State Com property.