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 - Nov 2024 |
| Total Oil Production | 244,899 BBLs |
| Total Gas Production | 509,880 MCF |
| Recent Oil Production | 653 BBLs in Oct 2024 |
| Recent Gas Production | 60 MCF in Oct 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,259 *
MarketMultiple™
$91,266 **
* 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 | 184,960 BBLs | 632,421 MCF | Nov 2024 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 20,173 BBLs | 106,001 MCF | Oct 2024 |
| Corvo Federal | Lea County, NM | 2,432 BBLs | 3,385 MCF | Nov 2024 |
| Cotton Draw | Lea County, NM | 620,540 BBLs | 4,094,538 MCF | Nov 2024 |
| Cotton Draw 25 36 Federal | Eddy County, NM | 51,769 BBLs | 402,861 MCF | Oct 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Haracz Amo Federal | Eddy County, NM | 1,620 BBLs | 4,869 MCF | Oct 2024 |
| King Tut Federal | Lea County, NM | 5,591 BBLs | 22,594 MCF | Nov 2024 |
| Lippizzan 4 Federal | Lea County, NM | 4,097 BBLs | 10,585 MCF | Oct 2024 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 74,828 BBLs | 487,614 MCF | Oct 2024 |
| Mesa Verde Wolfcamp Unit | Eddy County, NM | 61,061 BBLs | 235,034 MCF | Oct 2024 |
| Outrider | Lea County, NM | 195,335 BBLs | 479,478 MCF | Oct 2024 |
| Outrider 28 Federal Com | Lea County, NM | 142,954 BBLs | 285,692 MCF | Oct 2024 |
| Paint 33 Federal | Lea County, NM | 3,025 BBLs | 4,748 MCF | Oct 2024 |
| Poker Bix | Eddy County, NM | 482 BBLs | 773 MCF | Oct 2024 |
| Rebel 20 Federal | Lea County, NM | 11,905 BBLs | 17,964 MCF | Oct 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 6,999 BBLs | 312,453 MCF | Oct 2024 |
| Trionyx 6 Federal | Lea County, NM | 6,261 BBLs | 37,861 MCF | Oct 2024 |
| Windward Federal | Lea County, NM | 9,076 BBLs | 203,856 MCF | Nov 2024 |
These are the closest 20 companies operating near the Redhead 31 Federal property.