Oil & Gas Property in Lea County, NM
Key data points for Red Bull 2
| County | Lea County, NM |
|---|---|
| Operator | DEVON ENERGY PRODUCTION COMPANY LP |
| Production Dates | Oct 2012 - Dec 2024 |
| Total Oil Production | 1,678,930 BBLs |
| Total Gas Production | 1,792,843 MCF |
| Recent Oil Production | 13,691 BBLs in Nov 2024 |
| Recent Gas Production | 19,447 MCF in Nov 2024 |
| Wells on Property | 10 |
Our Valuation Estimates for Red Bull 2
ShaleAssessment™
$3,390 *
MarketMultiple™
$1,925,272 **
* 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 Red Bull 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Antelope 5 Federal | Lea County, NM | 0 BBLs | 0 MCF | Mar 2022 |
| Beowulf 33 State Com | Lea County, NM | 3,133 BBLs | 3,993 MCF | Nov 2024 |
| Burke State Com | Lea County, NM | 6,155 BBLs | 12,888 MCF | Dec 2024 |
| Gladiator 3 | Lea County, NM | 2,546 BBLs | 7,160 MCF | Nov 2024 |
| Hunter 21 State | Lea County, NM | 4,445 BBLs | 4,901 MCF | Nov 2024 |
| Irvin Wall State Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Jeff Hart Federal Com | Lea County, NM | 41,300 BBLs | 121,942 MCF | Dec 2024 |
| Jeff Hart State Com | Lea County, NM | 14,519 BBLs | 26,038 MCF | Dec 2024 |
| Kestrel 1 12 Federal | Lea County, NM | 21,901 BBLs | 40,409 MCF | Dec 2024 |
| Landreth Federal Com | Lea County, NM | 834 BBLs | 1,148 MCF | Dec 2024 |
| Lepakast State Com | Lea County, NM | 353 BBLs | 246 MCF | Dec 2024 |
| Maltese 5 8 Federal Com | Lea County, NM | 54,601 BBLs | 52,695 MCF | Dec 2024 |
| Mortarboard Federal Com | Lea County, NM | 5,822 BBLs | 10,172 MCF | Dec 2024 |
| Pegasus | Lea County, NM | 8,053 BBLs | 20,707 MCF | Dec 2024 |
| Red Bull | Lea County, NM | 1 BBLs | 0 MCF | Nov 2024 |
| Red Bull 30 31 Federal State Com | Lea County, NM | 16,238 BBLs | 23,033 MCF | Dec 2024 |
| Saker 6 7 Federal | Lea County, NM | 21,297 BBLs | 17,179 MCF | Dec 2024 |
| Toro 36 B3 | Lea County, NM | 5,927 BBLs | 15,401 MCF | Nov 2024 |
| Warrior BRW State Com | Lea County, NM | 561 BBLs | 234 MCF | Nov 2024 |
| Wicked 17 State Com | Lea County, NM | 1,370 BBLs | 4,214 MCF | Nov 2024 |
These are the closest 20 companies operating near the Red Bull 2 property.