Oil & Gas Property in Lea County, NM
Key data points for Red Hills 2
| County | Lea County, NM |
|---|---|
| Operator | CIMAREX ENERGY CO. OF COLORADO |
| Production Dates | Jan 1993 - Dec 2024 |
| Total Oil Production | 4,531 BBLs |
| Total Gas Production | 3,214,549 MCF |
| Recent Oil Production | 0 BBLs in Nov 2024 |
| Recent Gas Production | 99 MCF in Nov 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Red Hills 2
ShaleAssessment™
$1,547 *
MarketMultiple™
$112 **
* 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 Hills 2 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Airacuda Federal | Lea County, NM | 757 BBLs | 8,413 MCF | Dec 2024 |
| Audacious 19 Federal | Lea County, NM | 143,740 BBLs | 940,907 MCF | Nov 2024 |
| Audacious BTL | Lea County, NM | 8,737 BBLs | 23,807 MCF | Nov 2024 |
| Cascade 2 | Lea County, NM | 153,591 BBLs | 372,280 MCF | Dec 2024 |
| Columbus Fe | Lea County, NM | 65,382 BBLs | 230,877 MCF | Dec 2024 |
| Green Drake 16 Federal Com | Lea County, NM | 86,874 BBLs | 470,350 MCF | Nov 2024 |
| Green Drake 21 Federal Com | Lea County, NM | 13,173 BBLs | 34,932 MCF | Nov 2024 |
| Lomas Rojas 26 State Com | Lea County, NM | 20,227 BBLs | 59,326 MCF | Nov 2024 |
| Red Bull 3 | Lea County, NM | 559 BBLs | 883 MCF | Dec 2024 |
| Red Hills | Lea County, NM | 325,018 BBLs | 1,904,333 MCF | Dec 2024 |
| Red Hills 32 5 | Lea County, NM | 206,878 BBLs | 741,846 MCF | Dec 2024 |
| Rojo 7811 | Lea County, NM | 79,231 BBLs | 307,852 MCF | Dec 2024 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 312 BBLs | 4,419 MCF | Dec 2024 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 1,313 BBLs | 18,624 MCF | Dec 2024 |
| Rojo B 7811 JV P | Lea County, NM | 1,669 BBLs | 43,946 MCF | Dec 2024 |
| Rojo C 7811 JV-P | Lea County, NM | 362 BBLs | 16,861 MCF | Dec 2024 |
| Rojo D 7811 JV P Com | Lea County, NM | 2,028 BBLs | 74,541 MCF | Dec 2024 |
| Streetcar 15 Federal | Lea County, NM | 118,158 BBLs | 708,703 MCF | Nov 2024 |
| Vaca Draw | Lea County, NM | 256,661 BBLs | 1,146,100 MCF | Dec 2024 |
| Valor Federal Com | Lea County, NM | 30,040 BBLs | 65,985 MCF | Dec 2024 |
These are the closest 20 companies operating near the Red Hills 2 property.