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 - Dec 2024
Total Oil Production190,214 BBLs
Total Gas Production0 MCF
Recent Oil Production451 BBLs in Dec 2024
Recent Gas Production0 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Reddy Gulf State

ShaleAssessment

$15,804 *

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

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 Dec 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, NM3,617 BBLs3,122 MCFDec 2024
AirstripLea County, NM469 BBLs121 MCFDec 2024
Airstrip 6 State Com 00Lea County, NM880 BBLs342 MCFDec 2024
Beefalo 7 6 State ComLea County, NM43,085 BBLs38,006 MCFDec 2024
Bobwhite 11 StateLea County, NM0 BBLs0 MCFApr 2018
Charles S AlvesLea County, NM0 BBLs0 MCFJan 2002
Cuatro Hijos FeeLea County, NM292 BBLs160 MCFDec 2024
Foxtail State ComLea County, NM12,363 BBLs6,513 MCFDec 2024
Go StateLea County, NM11,678 BBLs4,570 MCFDec 2024
Gong Worthy State ComLea County, NM15,985 BBLs9,450 MCFDec 2024
Hefeweizen State ComLea County, NM29,964 BBLs33,201 MCFDec 2024
Ora JacksonLea County, NM0 BBLs0 MCFJan 1996
Perla Negra Federal ComLea County, NM13,502 BBLs18,273 MCFDec 2024
Quail 11 StateLea County, NM3,691 BBLs3,348 MCFDec 2024
Quail Queen UnitLea County, NM86 BBLs0 MCFJan 2025
Rambo E2 08 17 State ComLea County, NM7,000 BBLs6,001 MCFDec 2024
Santa Vaca 19 18 BLea County, NM57,940 BBLs91,586 MCFDec 2024
ScharbLea County, NM0 BBLs0 MCFJun 2021
Super Cobra State ComLea County, NM1,408 BBLs797 MCFDec 2024
Teal 12 State ComLea County, NM1,204 BBLs2,638 MCFDec 2024