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 - Aug 2024 |
| Total Oil Production | 242,971 BBLs |
| Total Gas Production | 509,702 MCF |
| Recent Oil Production | 563 BBLs in Jul 2024 |
| Recent Gas Production | 60 MCF in Jul 2024 |
| Wells on Property | 1 |
Our Valuation Estimates for Redhead 31 Federal
ShaleAssessment™
$2,367 *
MarketMultiple™
$105,516 **
* 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 | 271,821 BBLs | 855,361 MCF | Aug 2024 |
| BTBN 25 Federal | Eddy County, NM | 0 BBLs | 0 MCF | Mar 2016 |
| Chincoteague | Lea County, NM | 20,530 BBLs | 128,438 MCF | Jul 2024 |
| Corvo Federal | Lea County, NM | 1,958 BBLs | 1,581 MCF | Aug 2024 |
| Cotton Draw | Lea County, NM | 174,278 BBLs | 2,079,002 MCF | Aug 2024 |
| Cotton Draw 32 State Federal Com | Lea County, NM | 0 BBLs | 0 MCF | Jul 2023 |
| Cotton Draw Unit | Eddy County, NM | 26,595 BBLs | 476,866 MCF | Jul 2024 |
| Haracz Amo Federal | Eddy County, NM | 1,680 BBLs | 3,985 MCF | Jul 2024 |
| King Tut Federal | Lea County, NM | 4,982 BBLs | 22,058 MCF | Aug 2024 |
| Lippizzan 4 Federal | Lea County, NM | 4,613 BBLs | 10,528 MCF | Jul 2024 |
| Mesa Verde Bone Spring Unit | Lea County, NM | 72,358 BBLs | 415,339 MCF | Jul 2024 |
| Mesa Verde Wolfcamp Unit | Lea County, NM | 62,329 BBLs | 217,172 MCF | Jul 2024 |
| Outrider | Lea County, NM | 155,640 BBLs | 572,804 MCF | Jul 2024 |
| Outrider 28 Federal Com | Lea County, NM | 105,793 BBLs | 423,045 MCF | Jul 2024 |
| Paint 33 Federal | Lea County, NM | 2,189 BBLs | 3,710 MCF | Jul 2024 |
| Poker Bix | Eddy County, NM | 0 BBLs | 0 MCF | Jun 2024 |
| Rebel 20 Federal | Lea County, NM | 8,643 BBLs | 13,663 MCF | Jul 2024 |
| Trionyx 6 7 Federal Com | Lea County, NM | 9,882 BBLs | 462,500 MCF | Jul 2024 |
| Trionyx 6 Federal | Lea County, NM | 4,558 BBLs | 31,682 MCF | Jul 2024 |
| Windward Federal | Lea County, NM | 2,988 BBLs | 9,882 MCF | Aug 2024 |
These are the closest 20 companies operating near the Redhead 31 Federal property.