Oil & Gas Property in Lea County, NM
Key data points for Redhead 31 Federal
| County | Lea County, NM |
|---|---|
| Operator | COG PRODUCTION LLC |
| Production Dates | Apr 2013 - Sep 2024 |
| Total Oil Production | 243,594 BBLs |
| Total Gas Production | 509,761 MCF |
| Recent Oil Production | 623 BBLs in Sep 2024 |
| Recent Gas Production | 59 MCF in Sep 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,332 *
MarketMultiple™
$97,980 **
* 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 Redhead 31 Federal property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Azores Federal | Lea County, NM | 184,840 BBLs | 590,317 MCF | Sep 2024 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 19,658 BBLs | 106,870 MCF | Sep 2024 |
| Corvo Federal | Lea County, NM | 2,277 BBLs | 3,218 MCF | Sep 2024 |
| Cotton Draw | Lea County, NM | 399,504 BBLs | 2,924,845 MCF | Sep 2024 |
| Cotton Draw 25 36 Federal State Com | Eddy County, NM | 37,063 BBLs | 285,827 MCF | Sep 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Cotton Draw Unit | Eddy County, NM | 84,091 BBLs | 324,878 MCF | Sep 2024 |
| Haracz Amo Federal | Eddy County, NM | 0 BBLs | 0 MCF | Aug 2024 |
| King Tut Federal | Lea County, NM | 3,030 BBLs | 12,007 MCF | Sep 2024 |
| Lippizzan 4 Federal | Lea County, NM | 1,710 BBLs | 4,834 MCF | Sep 2024 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 79,987 BBLs | 501,525 MCF | Sep 2024 |
| Mesa Verde Wolfcamp Unit | Lea County, NM | 64,382 BBLs | 240,649 MCF | Sep 2024 |
| Outrider | Lea County, NM | 109,297 BBLs | 360,474 MCF | Sep 2024 |
| Outrider 28 Federal Com | Lea County, NM | 93,224 BBLs | 297,547 MCF | Sep 2024 |
| Paint 33 Federal | Lea County, NM | 2,702 BBLs | 4,029 MCF | Sep 2024 |
| Rebel 20 Federal | Lea County, NM | 7,792 BBLs | 12,258 MCF | Sep 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 7,601 BBLs | 345,009 MCF | Sep 2024 |
| Trionyx 6 Federal | Lea County, NM | 2,891 BBLs | 20,164 MCF | Sep 2024 |
| Windward Federal | Lea County, NM | 5,093 BBLs | 117,607 MCF | Sep 2024 |
These are the closest 20 companies operating near the Redhead 31 Federal property.