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 - Oct 2024 |
| Total Oil Production | 189,402 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 368 BBLs in Sep 2024 |
| Recent Gas Production | 0 MCF in Sep 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$16,257 *
MarketMultiple™
$53,374 **
* 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 | 2,815 BBLs | 2,267 MCF | Oct 2024 |
| Airstrip | Lea County, NM | 1,173 BBLs | 558 MCF | Oct 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,475 BBLs | 727 MCF | Oct 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 68,257 BBLs | 68,386 MCF | Sep 2024 |
| 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 | 1,199 BBLs | 610 MCF | Oct 2024 |
| Foxtail E2 05 32 W1 State Com | Lea County, NM | 2,217 BBLs | 1,919 MCF | Sep 2024 |
| Go State | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Mongoose Fee | Lea County, NM | 552 BBLs | 577 MCF | Oct 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 14,594 BBLs | 16,108 MCF | Sep 2024 |
| Quail 11 State | Lea County, NM | 3,561 BBLs | 3,550 MCF | Oct 2024 |
| Quail Queen Unit | Lea County, NM | 58 BBLs | 0 MCF | Sep 2024 |
| Rambo E2 08 17 State Com | Lea County, NM | 7,608 BBLs | 6,363 MCF | Sep 2024 |
| Santa Vaca 19 18 B | Lea County, NM | 61,230 BBLs | 65,491 MCF | Sep 2024 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,067 BBLs | 511 MCF | Oct 2024 |
| Teal 12 State Com | Lea County, NM | 1,211 BBLs | 2,965 MCF | Oct 2024 |
| Tomcat Fee | Lea County, NM | 558 BBLs | 195 MCF | Oct 2024 |
These are the closest 20 companies operating near the Reddy Gulf State property.