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 - Jan 2025 |
| Total Oil Production | 245,904 BBLs |
| Total Gas Production | 510,097 MCF |
| Recent Oil Production | 413 BBLs in Jan 2025 |
| Recent Gas Production | 41 MCF in Jan 2025 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,196 *
MarketMultiple™
$85,575 **
* 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 | 127,306 BBLs | 438,697 MCF | Jan 2025 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 11,746 BBLs | 85,109 MCF | Jan 2025 |
| Corvo Federal | Lea County, NM | 2,010 BBLs | 3,558 MCF | Jan 2025 |
| Cotton Draw | Lea County, NM | 414,552 BBLs | 3,433,426 MCF | Jan 2025 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 34,884 BBLs | 304,602 MCF | Jan 2025 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,158 BBLs | 3,759 MCF | Jan 2025 |
| King Tut Federal | Lea County, NM | 2,786 BBLs | 14,950 MCF | Jan 2025 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 72,323 BBLs | 322,183 MCF | Jan 2025 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 57,543 BBLs | 258,025 MCF | Jan 2025 |
| Mule 11 23 Federal Com | Eddy County, NM | 7,990 BBLs | 16,827 MCF | Jan 2025 |
| Outrider | Lea County, NM | 238,932 BBLs | 536,044 MCF | Jan 2025 |
| Outrider 27 Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Dec 2024 |
| Outrider 28 Federal Com | Lea County, NM | 239,924 BBLs | 319,045 MCF | Jan 2025 |
| Poker Bix | Eddy County, NM | 481 BBLs | 510 MCF | Jan 2025 |
| Rebel 20 Federal | Lea County, NM | 5,613 BBLs | 8,004 MCF | Jan 2025 |
| Trionyx 6 7 Federal Com | Lea County, NM | 6,364 BBLs | 285,067 MCF | Jan 2025 |
| Trionyx 6 Federal | Lea County, NM | 4,692 BBLs | 28,313 MCF | Jan 2025 |
| Windward Federal | Lea County, NM | 11,733 BBLs | 398,441 MCF | Jan 2025 |
These are the closest 20 companies operating near the Redhead 31 Federal property.