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 - Nov 2024 |
| Total Oil Production | 189,763 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 361 BBLs in Nov 2024 |
| Recent Gas Production | 0 MCF in Nov 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Reddy Gulf State
ShaleAssessment™
$16,031 *
MarketMultiple™
$53,088 **
* 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 | 3,126 BBLs | 2,492 MCF | Nov 2024 |
| Airstrip | Lea County, NM | 913 BBLs | 337 MCF | Nov 2024 |
| Airstrip 6 State Com 00 | Lea County, NM | 560 BBLs | 283 MCF | Nov 2024 |
| Beefalo 7 6 State Com | Lea County, NM | 47,041 BBLs | 43,222 MCF | Nov 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 | 1,115 BBLs | 553 MCF | Nov 2024 |
| Go State | Lea County, NM | 8,966 BBLs | 6,973 MCF | Nov 2024 |
| Gong Worthy State Com | Lea County, NM | 16,954 BBLs | 9,526 MCF | Nov 2024 |
| Hefeweizen State Com | Lea County, NM | 35,359 BBLs | 37,570 MCF | Nov 2024 |
| Merit 6 Eh State Com | Lea County, NM | 566 BBLs | 300 MCF | Nov 2024 |
| Ora Jackson | Lea County, NM | 0 BBLs | 0 MCF | Jan 1996 |
| Perla Negra Federal Com | Lea County, NM | 14,090 BBLs | 19,157 MCF | Nov 2024 |
| Quail 11 State | Lea County, NM | 3,785 BBLs | 3,098 MCF | Nov 2024 |
| Quail Queen Unit | Lea County, NM | 86 BBLs | 0 MCF | Nov 2024 |
| Rambo E2 08 17 State Com | Lea County, NM | 6,096 BBLs | 4,686 MCF | Nov 2024 |
| Santa Vaca 19 18 B | Lea County, NM | 60,165 BBLs | 81,323 MCF | Nov 2024 |
| Scharb | Lea County, NM | 0 BBLs | 0 MCF | Jun 2021 |
| Super Cobra State Com | Lea County, NM | 1,630 BBLs | 802 MCF | Nov 2024 |
| Teal 12 State Com | Lea County, NM | 1,262 BBLs | 2,945 MCF | Nov 2024 |
These are the closest 20 companies operating near the Reddy Gulf State property.