Oil & Gas Property in Lea County, NM
Key data points for Red Bull 3
| County | Lea County, NM |
|---|---|
| Operator | COG OPERATING LLC |
| Production Dates | Jan 2009 - Oct 2024 |
| Total Oil Production | 348,200 BBLs |
| Total Gas Production | 675,531 MCF |
| Recent Oil Production | 747 BBLs in Sep 2024 |
| Recent Gas Production | 1,349 MCF in Sep 2024 |
| Wells on Property | 2 |
Our Valuation Estimates for Red Bull 3
ShaleAssessment™
$30,980 *
MarketMultiple™
$103,358 **
* 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 3 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Battle Axe Federal Com | Lea County, NM | 3,047 BBLs | 47,900 MCF | Oct 2024 |
| Black Bear 36 State | Lea County, NM | 9,818 BBLs | 28,965 MCF | Sep 2024 |
| Brown Bear 36 State | Lea County, NM | 22,453 BBLs | 132,093 MCF | Sep 2024 |
| Calm Breeze 2 Federal Com | Lea County, NM | 10,137 BBLs | 23,446 MCF | Sep 2024 |
| Cascade 2 | Lea County, NM | 95,566 BBLs | 261,560 MCF | Oct 2024 |
| Columbus Fe | Lea County, NM | 55,636 BBLs | 195,566 MCF | Oct 2024 |
| Dominator 25 Federal | Lea County, NM | 58,266 BBLs | 330,734 MCF | Oct 2024 |
| Goedeke | Lea County, NM | 0 BBLs | 0 MCF | Feb 2020 |
| Lomas Rojas 26 State Com | Lea County, NM | 20,140 BBLs | 69,440 MCF | Sep 2024 |
| Red Hills | Lea County, NM | 384,149 BBLs | 1,798,083 MCF | Oct 2024 |
| Red Hills 2 | Lea County, NM | 0 BBLs | 18 MCF | Sep 2024 |
| Rojo 7811 | Lea County, NM | 83,057 BBLs | 345,905 MCF | Oct 2024 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 438 BBLs | 4,783 MCF | Oct 2024 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 229 BBLs | 2,785 MCF | Oct 2024 |
| Rojo C 7811 JV-P | Lea County, NM | 441 BBLs | 20,367 MCF | Oct 2024 |
| Salado Draw 9 16 W | Lea County, NM | 21,829 BBLs | 48,319 MCF | Sep 2024 |
| Salado Draw 9 Bo Federal Com 001H | Lea County, NM | 338 BBLs | 258 MCF | Sep 2024 |
| Salado Draw 9 W | Lea County, NM | 18,230 BBLs | 52,270 MCF | Sep 2024 |
| Seawolf 1 12 Federal | Lea County, NM | 29,200 BBLs | 67,892 MCF | Sep 2024 |
| Valor Federal Com | Lea County, NM | 35,098 BBLs | 81,925 MCF | Oct 2024 |
These are the closest 20 companies operating near the Red Bull 3 property.