Oil Property in Lea County, NM
Key data points for Reddy Gulf State
| County | Lea County, NM |
|---|---|
| Operator | YATES ENERGY CORPORATION |
| Production Dates | Jan 1993 - May 2025 |
| Total Oil Production | 191,929 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 399 BBLs in May 2025 |
| Recent Gas Production | 0 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$14,871 *
MarketMultiple™
$44,953 **
* 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 Reddy Gulf State property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Aircobra 12 State | Lea County, NM | 1,157 BBLs | 878 MCF | May 2025 |
| Airstrip | Lea County, NM | 1,164 BBLs | 571 MCF | May 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,700 BBLs | 757 MCF | May 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 27,819 BBLs | 31,283 MCF | May 2025 |
| Bobwhite 11 State | Lea County, NM | 0 BBLs | 0 MCF | Apr 2018 |
| Charles S Alves | Lea County, NM | 0 BBLs | 0 MCF | Jan 2002 |
| Cuatro Hijos Fee | Lea County, NM | 1,859 BBLs | 1,052 MCF | May 2025 |
| Foxtail State Com | Lea County, NM | 101,121 BBLs | 96,304 MCF | May 2025 |
| Go State | Lea County, NM | 8,642 BBLs | 5,768 MCF | May 2025 |
| Gong Worthy State Com | Lea County, NM | 10,112 BBLs | 5,499 MCF | May 2025 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 11,210 BBLs | 10,750 MCF | May 2025 |
| Quail 11 State | Lea County, NM | 2,668 BBLs | 2,314 MCF | May 2025 |
| Quail Queen Unit | Lea County, NM | 67 BBLs | 0 MCF | May 2025 |
| Rambo E2 08 17 State Com | Lea County, NM | 1,355 BBLs | 306 MCF | May 2025 |
| Santa Vaca 19 18 B | Lea County, NM | 47,645 BBLs | 54,754 MCF | May 2025 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,296 BBLs | 754 MCF | May 2025 |
| Teal 12 State Com | Lea County, NM | 1,106 BBLs | 2,694 MCF | May 2025 |
| Tomcat Fee | Lea County, NM | 739 BBLs | 216 MCF | May 2025 |
These are the closest 20 companies operating near the Reddy Gulf State property.