Rambo E2 08 17 State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Rambo E2 08 17 State Com

CountyLea County, NM
OperatorFRANKLIN MOUNTAIN ENERGY 3, LLC
Production DatesJun 2022 - Sep 2024
Total Oil Production401,530 BBLs
Total Gas Production249,617 MCF
Recent Oil Production7,608 BBLs in Sep 2024
Recent Gas Production6,363 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Rambo E2 08 17 State Com

ShaleAssessment

Not Available

MarketMultiple

$1,099,493 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Rambo E2 08 17 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 Rambo E2 08 17 State Com
from Jun 2022 to Sep 2024

Wells on Rambo E2 08 17 State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-49535RAMBO E2 08 17 STATE COM 001HFranklin Mountain Energy 3, LLCNewLea County, NM32.683272-103.474985
30-025-49536RAMBO E2 08 17 STATE COM 002HFranklin Mountain Energy 3, LLCNewLea County, NM32.683272-103.474920

Leases included in Rambo E2 08 17 State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
333698RAMBO E2 08 17 STATE COMFranklin Mountain Energy 3, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the Rambo E2 08 17 State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AirstripLea County, NM1,173 BBLs558 MCFSep 2024
Airstrip 31Lea County, NM4,110 BBLs3,666 MCFSep 2024
Airstrip 6 State Com 00Lea County, NM1,475 BBLs727 MCFSep 2024
Alpha State ComLea County, NM10,384 BBLs8,659 MCFSep 2024
Beefalo 7 6 State ComLea County, NM68,257 BBLs68,386 MCFSep 2024
Cable 19 35Lea County, NM2,641 BBLs2,106 MCFSep 2024
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
ElkanLea County, NM0 BBLs0 MCFMar 1996
Foxtail E2 05 32 W1 State ComLea County, NM2,217 BBLs1,919 MCFSep 2024
Hibiscus 08 19 35 RN State ComLea County, NM945 BBLs1,199 MCFSep 2024
Ironhouse 3Lea County, NM86 BBLs246 MCFSep 2024
Jackson 5Lea County, NM0 BBLs0 MCFOct 2018
New Mexico DD StateLea County, NM72 BBLs0 MCFSep 2024
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Peoples 3Lea County, NM0 BBLs0 MCFOct 2005
ScharbLea County, NM0 BBLs0 MCFJun 2021
Smith 5Lea County, NM0 BBLs0 MCFMay 1996
Sprinkle FederalLea County, NM0 BBLs0 MCFMar 2007
Tomcat FeeLea County, NM558 BBLs195 MCFSep 2024
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007