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 - Sep 2024 |
| Total Oil Production | 4,531 BBLs |
| Total Gas Production | 3,214,122 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 3 |
Our Valuation Estimates for Red Hills 2
ShaleAssessment™
$1,599 *
MarketMultiple™
$114 **
* 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 | 1,017 BBLs | 8,440 MCF | Nov 2024 |
| Audacious 19 Federal | Lea County, NM | 160,354 BBLs | 1,000,491 MCF | Oct 2024 |
| Audacious BTL | Lea County, NM | 9,220 BBLs | 22,992 MCF | Oct 2024 |
| Cascade 2 | Lea County, NM | 83,002 BBLs | 237,465 MCF | Oct 2024 |
| Columbus Fe | Lea County, NM | 57,775 BBLs | 206,797 MCF | Nov 2024 |
| Green Drake 16 Federal Com | Lea County, NM | 94,924 BBLs | 470,377 MCF | Oct 2024 |
| Green Drake 21 Federal Com | Lea County, NM | 12,957 BBLs | 35,650 MCF | Oct 2024 |
| Lomas Rojas 26 State Com | Lea County, NM | 20,635 BBLs | 67,403 MCF | Oct 2024 |
| Red Bull 3 | Lea County, NM | 762 BBLs | 1,217 MCF | Nov 2024 |
| Red Hills | Lea County, NM | 354,337 BBLs | 1,779,549 MCF | Oct 2024 |
| Red Hills 32 5 | Lea County, NM | 238,578 BBLs | 809,121 MCF | Oct 2024 |
| Rojo 7811 | Lea County, NM | 84,056 BBLs | 349,348 MCF | Nov 2024 |
| Rojo 7811 JV-P Federal Com | Lea County, NM | 487 BBLs | 4,843 MCF | Nov 2024 |
| Rojo Ae 7811 JV-P Federal Com | Lea County, NM | 1,313 BBLs | 24,995 MCF | Nov 2024 |
| Rojo B 7811 JV P | Lea County, NM | 1,768 BBLs | 50,542 MCF | Nov 2024 |
| Rojo C 7811 JV-P | Lea County, NM | 435 BBLs | 21,276 MCF | Nov 2024 |
| Rojo D 7811 JV P Com | Lea County, NM | 2,064 BBLs | 77,094 MCF | Nov 2024 |
| Streetcar 15 Federal | Lea County, NM | 145,379 BBLs | 780,811 MCF | Oct 2024 |
| Vaca Draw | Lea County, NM | 289,643 BBLs | 1,207,826 MCF | Nov 2024 |
| Valor Federal Com | Lea County, NM | 37,121 BBLs | 92,030 MCF | Nov 2024 |
These are the closest 20 companies operating near the Red Hills 2 property.