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 - Feb 2025
Total Oil Production429,512 BBLs
Total Gas Production272,346 MCF
Recent Oil Production4,425 BBLs in Jan 2025
Recent Gas Production3,209 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Rambo E2 08 17 State Com

ShaleAssessment

Not Available

MarketMultiple

$1,043,886 **

* 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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from Jun 2022 to Feb 2025

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, NM426 BBLs155 MCFJan 2025
Airstrip 31Lea County, NM7,097 BBLs3,683 MCFJan 2025
Airstrip 6 State Com 00Lea County, NM1,698 BBLs802 MCFJan 2025
Alpha State ComLea County, NM43,694 BBLs24,224 MCFFeb 2025
Beefalo 7 6 State ComLea County, NM29,850 BBLs24,722 MCFJan 2025
Cable 19 35Lea County, NM2,290 BBLs2,413 MCFFeb 2025
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
ElkanLea County, NM0 BBLs0 MCFMar 1996
Foxtail State ComLea County, NM69,934 BBLs36,393 MCFFeb 2025
Hibiscus 08 19 35 RN State ComLea County, NM1,022 BBLs1,493 MCFJan 2025
Ironhouse 3Lea County, NM0 BBLs0 MCFSep 2024
Jackson 5Lea County, NM0 BBLs0 MCFOct 2018
New Mexico DD StateLea County, NM67 BBLs0 MCFJan 2025
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, NM744 BBLs275 MCFJan 2025
Vacuum StateLea County, NM0 BBLs0 MCFApr 2007