Reddy Gulf State

Oil Property in Lea County, NM

Property Summary

Key data points for Reddy Gulf State

CountyLea County, NM
OperatorYATES ENERGY CORPORATION
Production DatesJan 1993 - Sep 2024
Total Oil Production189,035 BBLs
Total Gas Production0 MCF
Recent Oil Production368 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property3

Our Valuation Estimates for Reddy Gulf State

ShaleAssessment

$16,477 *

MarketMultiple

$54,395 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reddy Gulf State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reddy Gulf State
from Jan 1993 to Sep 2024

Wells on Reddy Gulf State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-21149REDDY GULF STATE 001YATES ENERGY CORPPluggedLea County, NM32.666130-103.503204
30-025-29041REDDY GULF STATE 002YATES ENERGY CORPActiveLea County, NM32.666115-103.498917
30-025-29568REDDY GULF STATE 003YATES ENERGY CORPActiveLea County, NM32.663414-103.504273

Leases included in Reddy Gulf State

Lease #Lease NameOperatorCountyMonthly Oil Prod.
11957REDDY GULF STATEYATES ENERGY CORPLea County, NM

Nearby Properties

These are the closest 20 properties to the Reddy Gulf State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Aircobra 12 StateLea County, NM2,815 BBLs2,267 MCFSep 2024
AirstripLea County, NM1,173 BBLs558 MCFSep 2024
Airstrip 6 State Com 00Lea County, NM1,475 BBLs727 MCFSep 2024
Beefalo 7 6 State ComLea County, NM68,257 BBLs68,386 MCFSep 2024
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
Cuatro Hijos FeeLea County, NM1,199 BBLs610 MCFSep 2024
Foxtail E2 05 32 W1 State ComLea County, NM2,217 BBLs1,919 MCFSep 2024
Go StateLea County, NM0 BBLs0 MCFJul 2023
Mongoose FeeLea County, NM552 BBLs577 MCFSep 2024
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Perla Negra Federal ComLea County, NM14,594 BBLs16,108 MCFSep 2024
Quail 11 StateLea County, NM3,561 BBLs3,550 MCFSep 2024
Quail Queen UnitLea County, NM58 BBLs0 MCFSep 2024
Rambo E2 08 17 State ComLea County, NM7,608 BBLs6,363 MCFSep 2024
Santa Vaca 19 18 BLea County, NM61,230 BBLs65,491 MCFSep 2024
ScharbLea County, NM0 BBLs0 MCFJun 2021
Super Cobra State ComLea County, NM1,067 BBLs511 MCFSep 2024
Teal 12 State ComLea County, NM1,211 BBLs2,965 MCFSep 2024
Tomcat FeeLea County, NM558 BBLs195 MCFSep 2024