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 - Jan 2025 |
| Total Oil Production | 190,431 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 217 BBLs in Jan 2025 |
| Recent Gas Production | 0 MCF in Jan 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$15,618 *
MarketMultiple™
$54,069 **
* 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 | 3,428 BBLs | 1,337 MCF | Jan 2025 |
| Airstrip | Lea County, NM | 426 BBLs | 155 MCF | Jan 2025 |
| Airstrip 6 State Com 00 | Lea County, NM | 1,698 BBLs | 802 MCF | Jan 2025 |
| Beefalo 7 6 State Com | Lea County, NM | 29,850 BBLs | 24,722 MCF | Jan 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 | 9 BBLs | 0 MCF | Jan 2025 |
| Foxtail State Com | Lea County, NM | 69,934 BBLs | 36,393 MCF | Feb 2025 |
| Go State | Lea County, NM | 9,831 BBLs | 5,743 MCF | Jan 2025 |
| Mongoose Fee | Lea County, NM | 669 BBLs | 478 MCF | Jan 2025 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 12,440 BBLs | 13,488 MCF | Jan 2025 |
| Quail 11 State | Lea County, NM | 3,583 BBLs | 2,854 MCF | Jan 2025 |
| Quail Queen Unit | Lea County, NM | 71 BBLs | 0 MCF | Jan 2025 |
| Rambo E2 08 17 State Com | Lea County, NM | 4,425 BBLs | 3,209 MCF | Feb 2025 |
| Santa Vaca 19 18 B | Lea County, NM | 50,816 BBLs | 66,008 MCF | Jan 2025 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,806 BBLs | 647 MCF | Jan 2025 |
| Teal 12 State Com | Lea County, NM | 1,163 BBLs | 2,442 MCF | Jan 2025 |
| Tomcat Fee | Lea County, NM | 744 BBLs | 275 MCF | Jan 2025 |
These are the closest 20 companies operating near the Reddy Gulf State property.